Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 963 · 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) nobody buys needs (b) needs are toys (c) needs are always free (d) people always need them
2. 2.🛒 Need or want: a warm blanket? (a) a want (b) a need
3. 3.True or false: “a bigger TV” is a need. (a) True (b) False
4. 4.🔍 Which is the odd one out? (a) a warm blanket (b) soap (c) a fancy phone cover (d) notebooks for school
5. 5.🛒 A family has little money. What should it buy first? (a) the costliest thing (b) the most fun thing (c) the wants (d) the needs
6. 6.True or false: “rice and dal” is a need. (a) False (b) True
7. 7.❄️ On a cold winter morning, which stall would most people want? (a) ice lollies (b) water guns (c) paper fans (d) hot drinks
8. 8.True or false: “a bigger TV” is a want. (a) True (b) False
9. 9.💡 A need is something… (a) we must have to live (b) nice but not needed (c) only rich people buy (d) made of plastic
10. 10.🛒 Need or want: a video game? (a) a want (b) a need
11. 11.Which of these is a need? (a) school shoes (b) designer sunglasses (c) a sticker album (d) a bigger TV
12. 12.True or false: “a school uniform” is a want. (a) False (b) True
13. 13.True or false: “notebooks for school” is a want. (a) False (b) True
14. 14.Which of these is a want? (a) designer sunglasses (b) soap (c) a warm blanket (d) school shoes
15. 15.🛒 Need or want: school shoes? (a) a want (b) a need
16. 16.True or false: “soap” is a want. (a) False (b) True
17. 17.🛒 Need or want: a roof over your head? (a) a want (b) a need
18. 18.🛒 Need or want: a sticker album? (a) a need (b) a want
19. 19.Which of these is a need? (a) bus fare to school (b) a sticker album (c) designer sunglasses (d) sweets every day
20. 20.🔍 Which is the odd one out? (a) drinking water (b) school shoes (c) designer sunglasses (d) a school uniform
21. 21.Which of these is a need? (a) a sticker album (b) a glitter pen set (c) a fancy phone cover (d) soap
22. 22.🛒 Need or want: a third pair of shoes? (a) a need (b) a want
23. 23.🔍 Which is the odd one out? (a) a toy robot (b) drinking water (c) a party dress (d) sweets every day
24. 24.True or false: “a school uniform” is a need. (a) True (b) False
25. 25.🛒 Need or want: a fancy phone cover? (a) a need (b) a want
26. 26.Which of these is a want? (a) bus fare to school (b) rice and dal (c) a roof over your head (d) sweets every day
27. 27.True or false: “a party dress” is a want. (a) False (b) True
28. 28.Which of these is a want? (a) notebooks for school (b) bus fare to school (c) a video game (d) a warm blanket
29. 29.🍱 A tiffin service mostly meets which? (a) a want: games (b) a want: toys (c) a need: food (d) nothing at all
30. 30.Which of these is a need? (a) a fancy phone cover (b) a school uniform (c) designer sunglasses (d) a third pair of shoes
31. 31.🔍 Which is the odd one out? (a) a toy robot (b) a third pair of shoes (c) a party dress (d) school shoes
32. 32.🔍 Which is the odd one out? (a) a warm blanket (b) a third pair of shoes (c) a video game (d) sweets every day
33. 33.Which of these is a need? (a) a fancy phone cover (b) a roof over your head (c) a toy robot (d) a video game
34. 34.🔍 Which is the odd one out? (a) medicine when ill (b) a toy robot (c) school shoes (d) drinking water
35. 35.Which of these is a need? (a) a sticker album (b) designer sunglasses (c) a fancy phone cover (d) rice and dal
36. 36.True or false: “sweets every day” is a need. (a) True (b) False
37. 37.True or false: “a toy robot” is a need. (a) True (b) False
38. 38.☔ In the monsoon, which would sell best at a school gate? (a) umbrellas and raincoats (b) paper kites (c) woollen sweaters (d) ice lollies
39. 39.True or false: “designer sunglasses” is a want. (a) False (b) True
40. 40.Which of these is a want? (a) a sticker album (b) notebooks for school (c) school shoes (d) soap

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