Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 908 · 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.🛍️ Why do businesses that meet needs often sell all year? (a) needs are toys (b) people always need them (c) nobody buys needs (d) needs are always free
2. 2.🛒 Need or want: drinking water? (a) a want (b) a need
3. 3.True or false: “soap” is a want. (a) False (b) True
4. 4.🔍 Which is the odd one out? (a) designer sunglasses (b) drinking water (c) soap (d) medicine when ill
5. 5.True or false: “soap” is a need. (a) True (b) False
6. 6.💡 A need is something… (a) nice but not needed (b) we must have to live (c) only rich people buy (d) made of plastic
7. 7.Which of these is a need? (a) a toy robot (b) soap (c) a third pair of shoes (d) a fancy phone cover
8. 8.🛒 Need or want: bus fare to school? (a) a want (b) a need
9. 9.🔍 Which is the odd one out? (a) a roof over your head (b) sweets every day (c) medicine when ill (d) bus fare to school
10. 10.🛒 Need or want: a sticker album? (a) a want (b) a need
11. 11.True or false: “a toy robot” is a need. (a) True (b) False
12. 12.Which of these is a want? (a) soap (b) drinking water (c) a bigger TV (d) a roof over your head
13. 13.True or false: “a party dress” is a need. (a) False (b) True
14. 14.🛒 Need or want: a bigger TV? (a) a need (b) a want
15. 15.True or false: “sweets every day” is a want. (a) False (b) True
16. 16.🔍 Which is the odd one out? (a) rice and dal (b) soap (c) a third pair of shoes (d) school shoes
17. 17.Which of these is a need? (a) a bigger TV (b) rice and dal (c) designer sunglasses (d) a toy robot
18. 18.🔍 Which is the odd one out? (a) designer sunglasses (b) a video game (c) a toy robot (d) bus fare to school
19. 19.True or false: “school shoes” is a want. (a) True (b) False
20. 20.🛒 Need or want: a fancy phone cover? (a) a want (b) a need
21. 21.☔ In the monsoon, which would sell best at a school gate? (a) paper kites (b) woollen sweaters (c) umbrellas and raincoats (d) ice lollies
22. 22.🔍 Which is the odd one out? (a) a bigger TV (b) a video game (c) a third pair of shoes (d) rice and dal
23. 23.True or false: “a fancy phone cover” is a want. (a) True (b) False
24. 24.🛒 A family has little money. What should it buy first? (a) the needs (b) the most fun thing (c) the wants (d) the costliest thing
25. 25.🛒 Need or want: sweets every day? (a) a need (b) a want
26. 26.Which of these is a want? (a) a warm blanket (b) rice and dal (c) a glitter pen set (d) notebooks for school
27. 27.Which of these is a want? (a) a warm blanket (b) medicine when ill (c) designer sunglasses (d) bus fare to school
28. 28.🔍 Which is the odd one out? (a) a glitter pen set (b) a video game (c) a bigger TV (d) drinking water
29. 29.🛒 Need or want: a school uniform? (a) a need (b) a want
30. 30.🎯 A want can still be a good business when… (a) it is not safe (b) many people want it (c) nobody likes it (d) it breaks the rules
31. 31.True or false: “rice and dal” is a want. (a) False (b) True
32. 32.🛒 Need or want: rice and dal? (a) a want (b) a need
33. 33.Which of these is a need? (a) a fancy phone cover (b) a sticker album (c) bus fare to school (d) a glitter pen set
34. 34.🛒 Need or want: medicine when ill? (a) a need (b) a want
35. 35.🛒 Need or want: a party dress? (a) a need (b) a want
36. 36.🔍 Which is the odd one out? (a) a toy robot (b) rice and dal (c) school shoes (d) a warm blanket
37. 37.Which of these is a need? (a) a third pair of shoes (b) a video game (c) a glitter pen set (d) a roof over your head
38. 38.Which of these is a want? (a) a video game (b) a roof over your head (c) school shoes (d) a school uniform
39. 39.🔍 Which is the odd one out? (a) a toy robot (b) a third pair of shoes (c) a fancy phone cover (d) notebooks for school
40. 40.True or false: “designer sunglasses” is a need. (a) False (b) True

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