Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 927 · 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 want? (a) a warm blanket (b) drinking water (c) school shoes (d) a glitter pen set
2. 2.Which of these is a want? (a) a warm blanket (b) a fancy phone cover (c) a roof over your head (d) rice and dal
3. 3.🛍️ Why do businesses that meet needs often sell all year? (a) needs are toys (b) needs are always free (c) people always need them (d) nobody buys needs
4. 4.🔍 Which is the odd one out? (a) a toy robot (b) medicine when ill (c) a third pair of shoes (d) a glitter pen set
5. 5.🛒 Need or want: a glitter pen set? (a) a want (b) a need
6. 6.💡 A need is something… (a) only rich people buy (b) we must have to live (c) made of plastic (d) nice but not needed
7. 7.🛒 Need or want: a warm blanket? (a) a want (b) a need
8. 8.True or false: “bus fare to school” is a want. (a) True (b) False
9. 9.🛒 Need or want: rice and dal? (a) a need (b) a want
10. 10.🛒 Need or want: bus fare to school? (a) a need (b) a want
11. 11.🛒 Need or want: a toy robot? (a) a need (b) a want
12. 12.🛒 Need or want: notebooks for school? (a) a want (b) a need
13. 13.☔ In the monsoon, which would sell best at a school gate? (a) umbrellas and raincoats (b) woollen sweaters (c) paper kites (d) ice lollies
14. 14.Which of these is a need? (a) a video game (b) a bigger TV (c) bus fare to school (d) a third pair of shoes
15. 15.🛒 A family has little money. What should it buy first? (a) the most fun thing (b) the needs (c) the wants (d) the costliest thing
16. 16.Which of these is a want? (a) rice and dal (b) soap (c) school shoes (d) a toy robot
17. 17.❄️ On a cold winter morning, which stall would most people want? (a) ice lollies (b) paper fans (c) hot drinks (d) water guns
18. 18.Which of these is a want? (a) bus fare to school (b) soap (c) sweets every day (d) medicine when ill
19. 19.🔍 Which is the odd one out? (a) bus fare to school (b) drinking water (c) a bigger TV (d) soap
20. 20.Which of these is a need? (a) notebooks for school (b) a party dress (c) designer sunglasses (d) a sticker album
21. 21.True or false: “a video game” is a need. (a) True (b) False
22. 22.🛒 Need or want: sweets every day? (a) a want (b) a need
23. 23.🔍 Which is the odd one out? (a) sweets every day (b) a video game (c) school shoes (d) a toy robot
24. 24.🔍 Which is the odd one out? (a) soap (b) school shoes (c) a party dress (d) medicine when ill
25. 25.True or false: “notebooks for school” is a need. (a) False (b) True
26. 26.🍱 A tiffin service mostly meets which? (a) a need: food (b) a want: games (c) a want: toys (d) nothing at all
27. 27.True or false: “sweets every day” is a need. (a) False (b) True
28. 28.Which of these is a need? (a) soap (b) sweets every day (c) a bigger TV (d) a glitter pen set
29. 29.🛒 Need or want: a video game? (a) a want (b) a need
30. 30.True or false: “designer sunglasses” is a want. (a) True (b) False
31. 31.🔍 Which is the odd one out? (a) medicine when ill (b) drinking water (c) a fancy phone cover (d) school shoes
32. 32.True or false: “rice and dal” is a want. (a) True (b) False
33. 33.🛒 Need or want: drinking water? (a) a need (b) a want
34. 34.Which of these is a need? (a) a fancy phone cover (b) rice and dal (c) a video game (d) a toy robot
35. 35.Which of these is a need? (a) a sticker album (b) designer sunglasses (c) drinking water (d) a bigger TV
36. 36.True or false: “medicine when ill” is a need. (a) True (b) False
37. 37.True or false: “a bigger TV” is a want. (a) False (b) True
38. 38.Which of these is a want? (a) school shoes (b) rice and dal (c) a school uniform (d) a video game
39. 39.Which of these is a need? (a) a roof over your head (b) a fancy phone cover (c) a party dress (d) a glitter pen set
40. 40.🎯 A want can still be a good business when… (a) nobody likes it (b) many people want it (c) it breaks the rules (d) it is not safe

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