Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 961 · 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 always free (b) people always need them (c) nobody buys needs (d) needs are toys
2. 2.Which of these is a want? (a) rice and dal (b) a roof over your head (c) medicine when ill (d) a glitter pen set
3. 3.True or false: “a bigger TV” is a need. (a) True (b) False
4. 4.Which of these is a want? (a) a roof over your head (b) a bigger TV (c) a school uniform (d) drinking water
5. 5.🔍 Which is the odd one out? (a) a video game (b) sweets every day (c) a school uniform (d) a sticker album
6. 6.True or false: “medicine when ill” is a want. (a) False (b) True
7. 7.🛒 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
8. 8.🔍 Which is the odd one out? (a) a warm blanket (b) designer sunglasses (c) school shoes (d) bus fare to school
9. 9.💡 A need is something… (a) made of plastic (b) nice but not needed (c) only rich people buy (d) we must have to live
10. 10.🎯 A want can still be a good business when… (a) many people want it (b) nobody likes it (c) it breaks the rules (d) it is not safe
11. 11.True or false: “drinking water” is a need. (a) False (b) True
12. 12.Which of these is a need? (a) a fancy phone cover (b) a party dress (c) a warm blanket (d) a third pair of shoes
13. 13.🛒 Need or want: notebooks for school? (a) a want (b) a need
14. 14.Which of these is a want? (a) drinking water (b) bus fare to school (c) a toy robot (d) a warm blanket
15. 15.True or false: “designer sunglasses” is a want. (a) False (b) True
16. 16.🛒 Need or want: a school uniform? (a) a want (b) a need
17. 17.🔍 Which is the odd one out? (a) school shoes (b) designer sunglasses (c) sweets every day (d) a glitter pen set
18. 18.🔍 Which is the odd one out? (a) notebooks for school (b) bus fare to school (c) a glitter pen set (d) a school uniform
19. 19.🛒 Need or want: rice and dal? (a) a want (b) a need
20. 20.True or false: “a video game” is a want. (a) False (b) True
21. 21.🛒 Need or want: a sticker album? (a) a want (b) a need
22. 22.🔍 Which is the odd one out? (a) rice and dal (b) school shoes (c) a video game (d) drinking water
23. 23.Which of these is a want? (a) notebooks for school (b) sweets every day (c) drinking water (d) medicine when ill
24. 24.True or false: “notebooks for school” is a need. (a) False (b) True
25. 25.True or false: “a school uniform” is a want. (a) False (b) True
26. 26.Which of these is a need? (a) a sticker album (b) sweets every day (c) notebooks for school (d) a video game
27. 27.🔍 Which is the odd one out? (a) a fancy phone cover (b) a warm blanket (c) drinking water (d) school shoes
28. 28.Which of these is a need? (a) a sticker album (b) designer sunglasses (c) a glitter pen set (d) rice and dal
29. 29.☔ In the monsoon, which would sell best at a school gate? (a) umbrellas and raincoats (b) woollen sweaters (c) ice lollies (d) paper kites
30. 30.True or false: “sweets every day” is a want. (a) False (b) True
31. 31.Which of these is a want? (a) bus fare to school (b) drinking water (c) designer sunglasses (d) medicine when ill
32. 32.True or false: “a party dress” is a need. (a) True (b) False
33. 33.🔍 Which is the odd one out? (a) a sticker album (b) a toy robot (c) soap (d) a video game
34. 34.True or false: “a glitter pen set” is a need. (a) True (b) False
35. 35.🔍 Which is the odd one out? (a) school shoes (b) a roof over your head (c) sweets every day (d) rice and dal
36. 36.Which of these is a need? (a) sweets every day (b) a fancy phone cover (c) a school uniform (d) a party dress
37. 37.❄️ On a cold winter morning, which stall would most people want? (a) hot drinks (b) ice lollies (c) water guns (d) paper fans
38. 38.🔍 Which is the odd one out? (a) notebooks for school (b) a warm blanket (c) drinking water (d) a toy robot
39. 39.True or false: “a third pair of shoes” is a want. (a) True (b) False
40. 40.🍱 A tiffin service mostly meets which? (a) a want: toys (b) nothing at all (c) a want: games (d) a need: food

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