Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 948 · 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.🎯 A want can still be a good business when… (a) many people want it (b) it breaks the rules (c) nobody likes it (d) it is not safe
2. 2.🍱 A tiffin service mostly meets which? (a) a want: toys (b) a want: games (c) nothing at all (d) a need: food
3. 3.🛒 Need or want: a sticker album? (a) a want (b) a need
4. 4.🛒 Need or want: a glitter pen set? (a) a need (b) a want
5. 5.🛒 Need or want: a fancy phone cover? (a) a want (b) a need
6. 6.Which of these is a need? (a) a third pair of shoes (b) a school uniform (c) a video game (d) a fancy phone cover
7. 7.💡 A need is something… (a) we must have to live (b) nice but not needed (c) made of plastic (d) only rich people buy
8. 8.Which of these is a want? (a) notebooks for school (b) rice and dal (c) a fancy phone cover (d) medicine when ill
9. 9.🛒 Need or want: a bigger TV? (a) a want (b) a need
10. 10.Which of these is a need? (a) a bigger TV (b) sweets every day (c) a sticker album (d) school shoes
11. 11.True or false: “notebooks for school” is a need. (a) True (b) False
12. 12.🔍 Which is the odd one out? (a) a video game (b) a toy robot (c) a third pair of shoes (d) a warm blanket
13. 13.🔍 Which is the odd one out? (a) drinking water (b) a third pair of shoes (c) soap (d) a warm blanket
14. 14.🛒 Need or want: school shoes? (a) a want (b) a need
15. 15.🔍 Which is the odd one out? (a) school shoes (b) designer sunglasses (c) rice and dal (d) a roof over your head
16. 16.🛒 Need or want: bus fare to school? (a) a want (b) a need
17. 17.❄️ On a cold winter morning, which stall would most people want? (a) water guns (b) ice lollies (c) hot drinks (d) paper fans
18. 18.🛒 Need or want: a toy robot? (a) a want (b) a need
19. 19.True or false: “a school uniform” is a want. (a) False (b) True
20. 20.🛒 Need or want: soap? (a) a want (b) a need
21. 21.Which of these is a want? (a) school shoes (b) drinking water (c) a warm blanket (d) a bigger TV
22. 22.True or false: “a bigger TV” is a need. (a) False (b) True
23. 23.True or false: “designer sunglasses” is a need. (a) True (b) False
24. 24.True or false: “a fancy phone cover” is a want. (a) False (b) True
25. 25.🛒 Need or want: drinking water? (a) a want (b) a need
26. 26.Which of these is a want? (a) designer sunglasses (b) a school uniform (c) school shoes (d) rice and dal
27. 27.True or false: “a toy robot” is a want. (a) True (b) False
28. 28.🛒 Need or want: rice and dal? (a) a need (b) a want
29. 29.🛒 Need or want: sweets every day? (a) a need (b) a want
30. 30.Which of these is a want? (a) a school uniform (b) rice and dal (c) soap (d) a party dress
31. 31.🔍 Which is the odd one out? (a) a video game (b) a toy robot (c) a bigger TV (d) medicine when ill
32. 32.🔍 Which is the odd one out? (a) a bigger TV (b) a sticker album (c) a party dress (d) school shoes
33. 33.🛒 Need or want: medicine when ill? (a) a need (b) a want
34. 34.True or false: “sweets every day” is a need. (a) False (b) True
35. 35.True or false: “a third pair of shoes” is a want. (a) False (b) True
36. 36.🛒 Need or want: a roof over your head? (a) a need (b) a want
37. 37.True or false: “a glitter pen set” is a need. (a) True (b) False
38. 38.🛒 A family has little money. What should it buy first? (a) the most fun thing (b) the wants (c) the costliest thing (d) the needs
39. 39.True or false: “a party dress” is a want. (a) True (b) False
40. 40.True or false: “a sticker album” is a want. (a) False (b) True

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