Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 880 · 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: “drinking water” is a want. (a) True (b) False
2. 2.🛍️ Why do businesses that meet needs often sell all year? (a) needs are always free (b) people always need them (c) needs are toys (d) nobody buys needs
3. 3.🛒 A family has little money. What should it buy first? (a) the costliest thing (b) the most fun thing (c) the needs (d) the wants
4. 4.Which of these is a need? (a) rice and dal (b) designer sunglasses (c) a party dress (d) a toy robot
5. 5.☔ In the monsoon, which would sell best at a school gate? (a) ice lollies (b) umbrellas and raincoats (c) woollen sweaters (d) paper kites
6. 6.🍱 A tiffin service mostly meets which? (a) a need: food (b) nothing at all (c) a want: toys (d) a want: games
7. 7.Which of these is a need? (a) sweets every day (b) designer sunglasses (c) a warm blanket (d) a sticker album
8. 8.🔍 Which is the odd one out? (a) a party dress (b) notebooks for school (c) medicine when ill (d) soap
9. 9.🛒 Need or want: drinking water? (a) a want (b) a need
10. 10.True or false: “rice and dal” is a want. (a) True (b) False
11. 11.True or false: “a glitter pen set” is a want. (a) False (b) True
12. 12.Which of these is a want? (a) soap (b) a warm blanket (c) drinking water (d) designer sunglasses
13. 13.Which of these is a want? (a) school shoes (b) a warm blanket (c) a glitter pen set (d) drinking water
14. 14.🛒 Need or want: a sticker album? (a) a want (b) a need
15. 15.🔍 Which is the odd one out? (a) soap (b) school shoes (c) medicine when ill (d) a glitter pen set
16. 16.Which of these is a want? (a) a party dress (b) medicine when ill (c) drinking water (d) a school uniform
17. 17.🔍 Which is the odd one out? (a) a video game (b) sweets every day (c) a third pair of shoes (d) medicine when ill
18. 18.❄️ On a cold winter morning, which stall would most people want? (a) water guns (b) ice lollies (c) paper fans (d) hot drinks
19. 19.🛒 Need or want: designer sunglasses? (a) a need (b) a want
20. 20.🔍 Which is the odd one out? (a) drinking water (b) medicine when ill (c) soap (d) designer sunglasses
21. 21.Which of these is a need? (a) designer sunglasses (b) a fancy phone cover (c) a roof over your head (d) a third pair of shoes
22. 22.True or false: “a sticker album” is a want. (a) False (b) True
23. 23.🛒 Need or want: school shoes? (a) a want (b) a need
24. 24.🛒 Need or want: soap? (a) a need (b) a want
25. 25.🔍 Which is the odd one out? (a) rice and dal (b) a bigger TV (c) soap (d) a warm blanket
26. 26.🔍 Which is the odd one out? (a) a sticker album (b) designer sunglasses (c) a toy robot (d) a warm blanket
27. 27.🔍 Which is the odd one out? (a) a glitter pen set (b) a sticker album (c) a toy robot (d) soap
28. 28.🛒 Need or want: a school uniform? (a) a want (b) a need
29. 29.True or false: “a sticker album” is a need. (a) True (b) False
30. 30.🛒 Need or want: a fancy phone cover? (a) a need (b) a want
31. 31.True or false: “a toy robot” is a need. (a) True (b) False
32. 32.True or false: “a warm blanket” is a want. (a) True (b) False
33. 33.Which of these is a need? (a) medicine when ill (b) a toy robot (c) sweets every day (d) a glitter pen set
34. 34.🎯 A want can still be a good business when… (a) many people want it (b) it is not safe (c) it breaks the rules (d) nobody likes it
35. 35.True or false: “medicine when ill” is a need. (a) False (b) True
36. 36.Which of these is a want? (a) medicine when ill (b) notebooks for school (c) a bigger TV (d) drinking water
37. 37.🔍 Which is the odd one out? (a) soap (b) school shoes (c) sweets every day (d) a school uniform
38. 38.🛒 Need or want: rice and dal? (a) a want (b) a need
39. 39.Which of these is a want? (a) drinking water (b) a sticker album (c) bus fare to school (d) medicine when ill
40. 40.Which of these is a need? (a) drinking water (b) a toy robot (c) a bigger TV (d) designer sunglasses

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