Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 872 · 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) False (b) True
2. 2.🛍️ Why do businesses that meet needs often sell all year? (a) needs are always free (b) nobody buys needs (c) people always need them (d) needs are toys
3. 3.🔍 Which is the odd one out? (a) a roof over your head (b) medicine when ill (c) soap (d) a video game
4. 4.True or false: “designer sunglasses” is a need. (a) True (b) False
5. 5.💡 A need is something… (a) nice but not needed (b) only rich people buy (c) made of plastic (d) we must have to live
6. 6.Which of these is a want? (a) a school uniform (b) school shoes (c) medicine when ill (d) a fancy phone cover
7. 7.Which of these is a want? (a) drinking water (b) a warm blanket (c) rice and dal (d) a third pair of shoes
8. 8.🛒 Need or want: soap? (a) a need (b) a want
9. 9.🍱 A tiffin service mostly meets which? (a) a want: toys (b) a want: games (c) a need: food (d) nothing at all
10. 10.Which of these is a want? (a) school shoes (b) a toy robot (c) a warm blanket (d) notebooks for school
11. 11.Which of these is a need? (a) a video game (b) a toy robot (c) a party dress (d) school shoes
12. 12.True or false: “drinking water” is a want. (a) True (b) False
13. 13.True or false: “medicine when ill” is a need. (a) False (b) True
14. 14.🛒 A family has little money. What should it buy first? (a) the most fun thing (b) the wants (c) the costliest thing (d) the needs
15. 15.Which of these is a want? (a) designer sunglasses (b) drinking water (c) rice and dal (d) a school uniform
16. 16.True or false: “rice and dal” is a want. (a) False (b) True
17. 17.True or false: “a school uniform” is a need. (a) False (b) True
18. 18.Which of these is a want? (a) bus fare to school (b) a warm blanket (c) soap (d) a glitter pen set
19. 19.🔍 Which is the odd one out? (a) medicine when ill (b) rice and dal (c) a warm blanket (d) a third pair of shoes
20. 20.🛒 Need or want: school shoes? (a) a need (b) a want
21. 21.🛒 Need or want: a video game? (a) a need (b) a want
22. 22.🛒 Need or want: a third pair of shoes? (a) a want (b) a need
23. 23.True or false: “a warm blanket” is a want. (a) False (b) True
24. 24.🔍 Which is the odd one out? (a) rice and dal (b) drinking water (c) medicine when ill (d) a fancy phone cover
25. 25.🔍 Which is the odd one out? (a) medicine when ill (b) a toy robot (c) a fancy phone cover (d) a glitter pen set
26. 26.☔ In the monsoon, which would sell best at a school gate? (a) woollen sweaters (b) ice lollies (c) paper kites (d) umbrellas and raincoats
27. 27.Which of these is a need? (a) medicine when ill (b) a video game (c) a party dress (d) a glitter pen set
28. 28.🛒 Need or want: a warm blanket? (a) a want (b) a need
29. 29.🛒 Need or want: a fancy phone cover? (a) a need (b) a want
30. 30.Which of these is a want? (a) a roof over your head (b) soap (c) a video game (d) rice and dal
31. 31.❄️ On a cold winter morning, which stall would most people want? (a) ice lollies (b) paper fans (c) hot drinks (d) water guns
32. 32.True or false: “notebooks for school” is a need. (a) False (b) True
33. 33.True or false: “a party dress” is a want. (a) True (b) False
34. 34.🛒 Need or want: drinking water? (a) a want (b) a need
35. 35.🔍 Which is the odd one out? (a) a sticker album (b) a video game (c) soap (d) a toy robot
36. 36.True or false: “a toy robot” is a want. (a) False (b) True
37. 37.🎯 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
38. 38.Which of these is a want? (a) a school uniform (b) soap (c) a party dress (d) a roof over your head
39. 39.🛒 Need or want: medicine when ill? (a) a want (b) a need
40. 40.True or false: “bus fare to school” is a need. (a) False (b) True

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