Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 924 · 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) nobody buys needs (c) people always need them (d) needs are always free
2. 2.🛒 Need or want: drinking water? (a) a want (b) a need
3. 3.🛒 Need or want: medicine when ill? (a) a need (b) a want
4. 4.🛒 Need or want: a third pair of shoes? (a) a want (b) a need
5. 5.True or false: “notebooks for school” is a need. (a) False (b) True
6. 6.🔍 Which is the odd one out? (a) drinking water (b) rice and dal (c) sweets every day (d) soap
7. 7.Which of these is a want? (a) a school uniform (b) notebooks for school (c) medicine when ill (d) a fancy phone cover
8. 8.True or false: “a warm blanket” is a want. (a) False (b) True
9. 9.🍱 A tiffin service mostly meets which? (a) a want: games (b) a want: toys (c) a need: food (d) nothing at all
10. 10.🛒 Need or want: a glitter pen set? (a) a need (b) a want
11. 11.🔍 Which is the odd one out? (a) notebooks for school (b) a sticker album (c) rice and dal (d) school shoes
12. 12.True or false: “drinking water” is a want. (a) False (b) True
13. 13.🔍 Which is the odd one out? (a) a bigger TV (b) rice and dal (c) soap (d) medicine when ill
14. 14.🛒 A family has little money. What should it buy first? (a) the most fun thing (b) the wants (c) the needs (d) the costliest thing
15. 15.🔍 Which is the odd one out? (a) a school uniform (b) a toy robot (c) a warm blanket (d) medicine when ill
16. 16.Which of these is a need? (a) a fancy phone cover (b) medicine when ill (c) designer sunglasses (d) sweets every day
17. 17.🎯 A want can still be a good business when… (a) nobody likes it (b) many people want it (c) it is not safe (d) it breaks the rules
18. 18.Which of these is a need? (a) a roof over your head (b) a sticker album (c) a video game (d) a fancy phone cover
19. 19.💡 A need is something… (a) we must have to live (b) nice but not needed (c) only rich people buy (d) made of plastic
20. 20.☔ In the monsoon, which would sell best at a school gate? (a) paper kites (b) ice lollies (c) umbrellas and raincoats (d) woollen sweaters
21. 21.🔍 Which is the odd one out? (a) a bigger TV (b) notebooks for school (c) sweets every day (d) a glitter pen set
22. 22.Which of these is a want? (a) medicine when ill (b) notebooks for school (c) a glitter pen set (d) bus fare to school
23. 23.True or false: “a fancy phone cover” is a need. (a) True (b) False
24. 24.Which of these is a want? (a) medicine when ill (b) designer sunglasses (c) a roof over your head (d) notebooks for school
25. 25.🔍 Which is the odd one out? (a) a school uniform (b) soap (c) a warm blanket (d) a third pair of shoes
26. 26.🔍 Which is the odd one out? (a) a toy robot (b) a fancy phone cover (c) a third pair of shoes (d) drinking water
27. 27.Which of these is a want? (a) a warm blanket (b) a sticker album (c) drinking water (d) rice and dal
28. 28.🔍 Which is the odd one out? (a) a fancy phone cover (b) drinking water (c) rice and dal (d) a school uniform
29. 29.True or false: “designer sunglasses” is a need. (a) True (b) False
30. 30.🔍 Which is the odd one out? (a) a bigger TV (b) rice and dal (c) a fancy phone cover (d) a video game
31. 31.Which of these is a want? (a) a party dress (b) bus fare to school (c) a warm blanket (d) rice and dal
32. 32.True or false: “school shoes” is a want. (a) True (b) False
33. 33.🔍 Which is the odd one out? (a) soap (b) drinking water (c) a video game (d) notebooks for school
34. 34.🛒 Need or want: notebooks for school? (a) a want (b) a need
35. 35.🔍 Which is the odd one out? (a) a roof over your head (b) bus fare to school (c) a warm blanket (d) designer sunglasses
36. 36.True or false: “a party dress” is a want. (a) True (b) False
37. 37.Which of these is a need? (a) sweets every day (b) soap (c) a toy robot (d) a sticker album
38. 38.Which of these is a want? (a) rice and dal (b) notebooks for school (c) a school uniform (d) a third pair of shoes
39. 39.True or false: “a third pair of shoes” is a want. (a) False (b) True
40. 40.🛒 Need or want: a fancy phone cover? (a) a need (b) a want

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