Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 870 · 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.True or false: “soap” is a want. (a) True (b) False
2. 2.🍱 A tiffin service mostly meets which? (a) a want: games (b) a need: food (c) nothing at all (d) a want: toys
3. 3.True or false: “a warm blanket” is a need. (a) True (b) False
4. 4.☔ In the monsoon, which would sell best at a school gate? (a) ice lollies (b) umbrellas and raincoats (c) paper kites (d) woollen sweaters
5. 5.True or false: “rice and dal” is a need. (a) False (b) True
6. 6.🛒 Need or want: medicine when ill? (a) a want (b) a need
7. 7.🔍 Which is the odd one out? (a) medicine when ill (b) rice and dal (c) a video game (d) bus fare to school
8. 8.Which of these is a need? (a) a third pair of shoes (b) sweets every day (c) a toy robot (d) a warm blanket
9. 9.🛍️ Why do businesses that meet needs often sell all year? (a) nobody buys needs (b) people always need them (c) needs are toys (d) needs are always free
10. 10.🎯 A want can still be a good business when… (a) nobody likes it (b) many people want it (c) it breaks the rules (d) it is not safe
11. 11.True or false: “notebooks for school” is a need. (a) True (b) False
12. 12.Which of these is a need? (a) a bigger TV (b) a sticker album (c) designer sunglasses (d) a roof over your head
13. 13.True or false: “rice and dal” is a want. (a) False (b) True
14. 14.🛒 Need or want: school shoes? (a) a want (b) a need
15. 15.🔍 Which is the odd one out? (a) soap (b) a third pair of shoes (c) a fancy phone cover (d) sweets every day
16. 16.🛒 Need or want: a video game? (a) a need (b) a want
17. 17.🔍 Which is the odd one out? (a) a third pair of shoes (b) a video game (c) a fancy phone cover (d) medicine when ill
18. 18.🛒 A family has little money. What should it buy first? (a) the needs (b) the costliest thing (c) the most fun thing (d) the wants
19. 19.True or false: “a video game” is a need. (a) False (b) True
20. 20.Which of these is a need? (a) a toy robot (b) school shoes (c) a fancy phone cover (d) designer sunglasses
21. 21.🔍 Which is the odd one out? (a) medicine when ill (b) a glitter pen set (c) a school uniform (d) school shoes
22. 22.🔍 Which is the odd one out? (a) a roof over your head (b) medicine when ill (c) bus fare to school (d) sweets every day
23. 23.🛒 Need or want: a fancy phone cover? (a) a want (b) a need
24. 24.🔍 Which is the odd one out? (a) a toy robot (b) rice and dal (c) school shoes (d) bus fare to school
25. 25.🛒 Need or want: a toy robot? (a) a need (b) a want
26. 26.🔍 Which is the odd one out? (a) notebooks for school (b) a sticker album (c) a roof over your head (d) drinking water
27. 27.🔍 Which is the odd one out? (a) a glitter pen set (b) a video game (c) a toy robot (d) school shoes
28. 28.Which of these is a need? (a) designer sunglasses (b) notebooks for school (c) a glitter pen set (d) a sticker album
29. 29.🛒 Need or want: drinking water? (a) a need (b) a want
30. 30.🔍 Which is the odd one out? (a) designer sunglasses (b) a bigger TV (c) a sticker album (d) notebooks for school
31. 31.🛒 Need or want: bus fare to school? (a) a need (b) a want
32. 32.🛒 Need or want: a glitter pen set? (a) a need (b) a want
33. 33.Which of these is a need? (a) a fancy phone cover (b) designer sunglasses (c) bus fare to school (d) a toy robot
34. 34.🔍 Which is the odd one out? (a) designer sunglasses (b) a school uniform (c) a glitter pen set (d) a party dress
35. 35.🛒 Need or want: sweets every day? (a) a need (b) a want
36. 36.Which of these is a want? (a) a roof over your head (b) rice and dal (c) notebooks for school (d) a glitter pen set
37. 37.True or false: “sweets every day” is a want. (a) False (b) True
38. 38.Which of these is a need? (a) a fancy phone cover (b) rice and dal (c) a video game (d) a party dress
39. 39.🔍 Which is the odd one out? (a) a party dress (b) a fancy phone cover (c) a roof over your head (d) designer sunglasses
40. 40.Which of these is a want? (a) rice and dal (b) a roof over your head (c) a fancy phone cover (d) a warm blanket

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