Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 864 · 40 questions

Business tip (Must have or nice to have?): Need = must have to live, stay healthy, safe or go to school (water, food, shoes, medicine, uniform, bus fare). Want = nice to have, but we can live without it (games, gadgets, extra shoes, sweets every day). Season changes what people need: umbrellas in the monsoon, warm drinks in winter.

1. 1.🛒 Need or want: a sticker album? (a) a need (b) a want
2. 2.🛍️ Why do businesses that meet needs often sell all year? (a) needs are toys (b) nobody buys needs (c) people always need them (d) needs are always free
3. 3.❄️ On a cold winter morning, which stall would most people want? (a) paper fans (b) water guns (c) hot drinks (d) ice lollies
4. 4.True or false: “drinking water” is a need. (a) True (b) False
5. 5.🔍 Which is the odd one out? (a) a glitter pen set (b) designer sunglasses (c) medicine when ill (d) sweets every day
6. 6.🛒 A family has little money. What should it buy first? (a) the needs (b) the most fun thing (c) the wants (d) the costliest thing
7. 7.☔ In the monsoon, which would sell best at a school gate? (a) umbrellas and raincoats (b) paper kites (c) ice lollies (d) woollen sweaters
8. 8.🔍 Which is the odd one out? (a) school shoes (b) a warm blanket (c) a school uniform (d) a toy robot
9. 9.🔍 Which is the odd one out? (a) a roof over your head (b) soap (c) a sticker album (d) rice and dal
10. 10.🛒 Need or want: a third pair of shoes? (a) a need (b) a want
11. 11.True or false: “rice and dal” is a need. (a) True (b) False
12. 12.🔍 Which is the odd one out? (a) a bigger TV (b) rice and dal (c) sweets every day (d) a fancy phone cover
13. 13.🔍 Which is the odd one out? (a) soap (b) a bigger TV (c) a toy robot (d) designer sunglasses
14. 14.🔍 Which is the odd one out? (a) a glitter pen set (b) designer sunglasses (c) a fancy phone cover (d) school shoes
15. 15.True or false: “drinking water” is a want. (a) True (b) False
16. 16.🔍 Which is the odd one out? (a) bus fare to school (b) designer sunglasses (c) rice and dal (d) soap
17. 17.True or false: “notebooks for school” is a want. (a) True (b) False
18. 18.🔍 Which is the odd one out? (a) sweets every day (b) school shoes (c) bus fare to school (d) soap
19. 19.🛒 Need or want: a school uniform? (a) a want (b) a need
20. 20.🎯 A want can still be a good business when… (a) many people want it (b) nobody likes it (c) it breaks the rules (d) it is not safe
21. 21.🔍 Which is the odd one out? (a) sweets every day (b) a toy robot (c) a glitter pen set (d) drinking water
22. 22.🔍 Which is the odd one out? (a) sweets every day (b) a bigger TV (c) bus fare to school (d) a fancy phone cover
23. 23.True or false: “a warm blanket” is a want. (a) False (b) True
24. 24.🍱 A tiffin service mostly meets which? (a) a need: food (b) a want: games (c) nothing at all (d) a want: toys
25. 25.Which of these is a need? (a) a video game (b) designer sunglasses (c) rice and dal (d) a bigger TV
26. 26.Which of these is a want? (a) medicine when ill (b) a warm blanket (c) school shoes (d) a video game
27. 27.True or false: “a fancy phone cover” is a want. (a) True (b) False
28. 28.True or false: “a party dress” is a need. (a) False (b) True
29. 29.🛒 Need or want: a party dress? (a) a need (b) a want
30. 30.🛒 Need or want: a glitter pen set? (a) a need (b) a want
31. 31.Which of these is a need? (a) a third pair of shoes (b) a party dress (c) a warm blanket (d) a fancy phone cover
32. 32.Which of these is a need? (a) sweets every day (b) a sticker album (c) a fancy phone cover (d) bus fare to school
33. 33.🛒 Need or want: a bigger TV? (a) a want (b) a need
34. 34.True or false: “a roof over your head” is a need. (a) False (b) True
35. 35.True or false: “a toy robot” is a need. (a) True (b) False
36. 36.True or false: “medicine when ill” is a want. (a) True (b) False
37. 37.Which of these is a need? (a) a video game (b) a fancy phone cover (c) designer sunglasses (d) school shoes
38. 38.Which of these is a need? (a) sweets every day (b) a glitter pen set (c) a sticker album (d) medicine when ill
39. 39.🛒 Need or want: designer sunglasses? (a) a need (b) a want
40. 40.🔍 Which is the odd one out? (a) drinking water (b) medicine when ill (c) bus fare to school (d) a party dress

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