Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 899 · 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: “medicine when ill” is a want. (a) True (b) False
2. 2.🔍 Which is the odd one out? (a) a warm blanket (b) a third pair of shoes (c) a toy robot (d) a glitter pen set
3. 3.❄️ On a cold winter morning, which stall would most people want? (a) ice lollies (b) paper fans (c) hot drinks (d) water guns
4. 4.Which of these is a need? (a) a party dress (b) a warm blanket (c) sweets every day (d) a glitter pen set
5. 5.🔍 Which is the odd one out? (a) a video game (b) sweets every day (c) notebooks for school (d) a party dress
6. 6.🛒 Need or want: a party dress? (a) a need (b) a want
7. 7.🔍 Which is the odd one out? (a) a glitter pen set (b) a bigger TV (c) a school uniform (d) sweets every day
8. 8.Which of these is a need? (a) drinking water (b) a party dress (c) a video game (d) a toy robot
9. 9.☔ In the monsoon, which would sell best at a school gate? (a) ice lollies (b) woollen sweaters (c) paper kites (d) umbrellas and raincoats
10. 10.Which of these is a want? (a) notebooks for school (b) a glitter pen set (c) bus fare to school (d) soap
11. 11.🔍 Which is the odd one out? (a) a glitter pen set (b) rice and dal (c) designer sunglasses (d) sweets every day
12. 12.Which of these is a need? (a) sweets every day (b) a toy robot (c) rice and dal (d) a bigger TV
13. 13.🔍 Which is the odd one out? (a) notebooks for school (b) soap (c) a roof over your head (d) a third pair of shoes
14. 14.Which of these is a want? (a) sweets every day (b) a roof over your head (c) notebooks for school (d) drinking water
15. 15.True or false: “a fancy phone cover” is a need. (a) False (b) True
16. 16.True or false: “school shoes” is a want. (a) True (b) False
17. 17.🛒 Need or want: a warm blanket? (a) a need (b) a want
18. 18.True or false: “a school uniform” is a want. (a) False (b) True
19. 19.🎯 A want can still be a good business when… (a) nobody likes it (b) it breaks the rules (c) it is not safe (d) many people want it
20. 20.🔍 Which is the odd one out? (a) a glitter pen set (b) designer sunglasses (c) drinking water (d) a video game
21. 21.True or false: “a glitter pen set” is a need. (a) True (b) False
22. 22.True or false: “a party dress” is a want. (a) True (b) False
23. 23.🛒 Need or want: school shoes? (a) a need (b) a want
24. 24.True or false: “designer sunglasses” is a want. (a) False (b) True
25. 25.🛒 Need or want: rice and dal? (a) a need (b) a want
26. 26.🔍 Which is the odd one out? (a) rice and dal (b) a sticker album (c) a school uniform (d) a roof over your head
27. 27.True or false: “a sticker album” is a need. (a) True (b) False
28. 28.🛍️ 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
29. 29.🛒 Need or want: a bigger TV? (a) a need (b) a want
30. 30.True or false: “a third pair of shoes” is a need. (a) False (b) True
31. 31.Which of these is a want? (a) soap (b) a school uniform (c) bus fare to school (d) a bigger TV
32. 32.🛒 Need or want: a fancy phone cover? (a) a need (b) a want
33. 33.Which of these is a need? (a) designer sunglasses (b) a bigger TV (c) sweets every day (d) school shoes
34. 34.🔍 Which is the odd one out? (a) a school uniform (b) a bigger TV (c) bus fare to school (d) drinking water
35. 35.🛒 Need or want: drinking water? (a) a want (b) a need
36. 36.🛒 Need or want: a third pair of shoes? (a) a need (b) a want
37. 37.🛒 Need or want: a school uniform? (a) a want (b) a need
38. 38.🍱 A tiffin service mostly meets which? (a) a want: toys (b) nothing at all (c) a want: games (d) a need: food
39. 39.🛒 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
40. 40.Which of these is a want? (a) notebooks for school (b) a roof over your head (c) a sticker album (d) rice and dal

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