Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 881 · 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.Which of these is a need? (a) a roof over your head (b) a fancy phone cover (c) a glitter pen set (d) a party dress
2. 2.🛒 A family has little money. What should it buy first? (a) the costliest thing (b) the needs (c) the most fun thing (d) the wants
3. 3.🔍 Which is the odd one out? (a) a party dress (b) notebooks for school (c) medicine when ill (d) rice and dal
4. 4.True or false: “a school uniform” is a need. (a) False (b) True
5. 5.Which of these is a want? (a) drinking water (b) medicine when ill (c) a sticker album (d) a roof over your head
6. 6.Which of these is a need? (a) a third pair of shoes (b) a party dress (c) a toy robot (d) drinking water
7. 7.🛒 Need or want: a sticker album? (a) a want (b) a need
8. 8.🎯 A want can still be a good business when… (a) it breaks the rules (b) it is not safe (c) nobody likes it (d) many people want it
9. 9.Which of these is a want? (a) soap (b) a roof over your head (c) a video game (d) a school uniform
10. 10.🛒 Need or want: a party dress? (a) a need (b) a want
11. 11.🛍️ Why do businesses that meet needs often sell all year? (a) people always need them (b) needs are toys (c) nobody buys needs (d) needs are always free
12. 12.Which of these is a need? (a) designer sunglasses (b) medicine when ill (c) a toy robot (d) a bigger TV
13. 13.🛒 Need or want: a video game? (a) a need (b) a want
14. 14.🔍 Which is the odd one out? (a) notebooks for school (b) designer sunglasses (c) a bigger TV (d) a third pair of shoes
15. 15.🔍 Which is the odd one out? (a) designer sunglasses (b) a video game (c) a roof over your head (d) a toy robot
16. 16.True or false: “a roof over your head” is a need. (a) False (b) True
17. 17.🔍 Which is the odd one out? (a) a fancy phone cover (b) bus fare to school (c) a video game (d) a sticker album
18. 18.🍱 A tiffin service mostly meets which? (a) a want: toys (b) a need: food (c) nothing at all (d) a want: games
19. 19.True or false: “a glitter pen set” is a need. (a) False (b) True
20. 20.🔍 Which is the odd one out? (a) notebooks for school (b) rice and dal (c) a sticker album (d) soap
21. 21.🛒 Need or want: sweets every day? (a) a need (b) a want
22. 22.🔍 Which is the odd one out? (a) a fancy phone cover (b) drinking water (c) a school uniform (d) a roof over your head
23. 23.True or false: “medicine when ill” is a need. (a) False (b) True
24. 24.💡 A need is something… (a) made of plastic (b) we must have to live (c) nice but not needed (d) only rich people buy
25. 25.True or false: “medicine when ill” is a want. (a) True (b) False
26. 26.Which of these is a want? (a) medicine when ill (b) soap (c) drinking water (d) a toy robot
27. 27.True or false: “a bigger TV” is a want. (a) False (b) True
28. 28.Which of these is a want? (a) a warm blanket (b) designer sunglasses (c) medicine when ill (d) school shoes
29. 29.Which of these is a want? (a) a bigger TV (b) a warm blanket (c) rice and dal (d) notebooks for school
30. 30.❄️ On a cold winter morning, which stall would most people want? (a) water guns (b) hot drinks (c) paper fans (d) ice lollies
31. 31.🛒 Need or want: a toy robot? (a) a need (b) a want
32. 32.True or false: “a warm blanket” is a want. (a) False (b) True
33. 33.☔ In the monsoon, which would sell best at a school gate? (a) umbrellas and raincoats (b) paper kites (c) woollen sweaters (d) ice lollies
34. 34.True or false: “school shoes” is a want. (a) True (b) False
35. 35.🛒 Need or want: a roof over your head? (a) a want (b) a need
36. 36.🛒 Need or want: a glitter pen set? (a) a need (b) a want
37. 37.True or false: “notebooks for school” is a want. (a) True (b) False
38. 38.Which of these is a want? (a) a fancy phone cover (b) notebooks for school (c) a roof over your head (d) school shoes
39. 39.Which of these is a want? (a) medicine when ill (b) drinking water (c) a roof over your head (d) a third pair of shoes
40. 40.🛒 Need or want: rice and dal? (a) a want (b) a need

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