Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 969 · 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 family has little money. What should it buy first? (a) the wants (b) the most fun thing (c) the needs (d) the costliest thing
2. 2.🛍️ Why do businesses that meet needs often sell all year? (a) nobody buys needs (b) people always need them (c) needs are toys (d) needs are always free
3. 3.True or false: “a party dress” is a need. (a) False (b) True
4. 4.🔍 Which is the odd one out? (a) a warm blanket (b) drinking water (c) a video game (d) soap
5. 5.🛒 Need or want: sweets every day? (a) a need (b) a want
6. 6.☔ In the monsoon, which would sell best at a school gate? (a) woollen sweaters (b) paper kites (c) umbrellas and raincoats (d) ice lollies
7. 7.🛒 Need or want: a party dress? (a) a need (b) a want
8. 8.💡 A need is something… (a) only rich people buy (b) nice but not needed (c) made of plastic (d) we must have to live
9. 9.🛒 Need or want: notebooks for school? (a) a want (b) a need
10. 10.🛒 Need or want: a bigger TV? (a) a want (b) a need
11. 11.🛒 Need or want: bus fare to school? (a) a want (b) a need
12. 12.🛒 Need or want: rice and dal? (a) a need (b) a want
13. 13.True or false: “designer sunglasses” is a want. (a) False (b) True
14. 14.🍱 A tiffin service mostly meets which? (a) a need: food (b) nothing at all (c) a want: toys (d) a want: games
15. 15.Which of these is a need? (a) a warm blanket (b) a fancy phone cover (c) a third pair of shoes (d) a video game
16. 16.🔍 Which is the odd one out? (a) a sticker album (b) a fancy phone cover (c) a bigger TV (d) a roof over your head
17. 17.Which of these is a want? (a) medicine when ill (b) drinking water (c) a warm blanket (d) sweets every day
18. 18.🛒 Need or want: drinking water? (a) a want (b) a need
19. 19.Which of these is a need? (a) a video game (b) soap (c) a glitter pen set (d) a third pair of shoes
20. 20.🛒 Need or want: a toy robot? (a) a need (b) a want
21. 21.True or false: “school shoes” is a want. (a) False (b) True
22. 22.Which of these is a want? (a) notebooks for school (b) a toy robot (c) school shoes (d) drinking water
23. 23.True or false: “soap” is a want. (a) False (b) True
24. 24.🔍 Which is the odd one out? (a) a fancy phone cover (b) drinking water (c) a sticker album (d) sweets every day
25. 25.Which of these is a need? (a) notebooks for school (b) a third pair of shoes (c) a video game (d) a bigger TV
26. 26.Which of these is a need? (a) a fancy phone cover (b) a bigger TV (c) drinking water (d) a video game
27. 27.🛒 Need or want: a fancy phone cover? (a) a want (b) a need
28. 28.🔍 Which is the odd one out? (a) sweets every day (b) designer sunglasses (c) rice and dal (d) a third pair of shoes
29. 29.Which of these is a want? (a) school shoes (b) a glitter pen set (c) medicine when ill (d) drinking water
30. 30.🎯 A want can still be a good business when… (a) nobody likes it (b) it breaks the rules (c) many people want it (d) it is not safe
31. 31.True or false: “bus fare to school” is a want. (a) True (b) False
32. 32.🔍 Which is the odd one out? (a) notebooks for school (b) medicine when ill (c) a bigger TV (d) rice and dal
33. 33.True or false: “school shoes” is a need. (a) True (b) False
34. 34.🛒 Need or want: medicine when ill? (a) a want (b) a need
35. 35.🛒 Need or want: a third pair of shoes? (a) a need (b) a want
36. 36.🔍 Which is the odd one out? (a) sweets every day (b) a sticker album (c) designer sunglasses (d) bus fare to school
37. 37.🔍 Which is the odd one out? (a) soap (b) a sticker album (c) medicine when ill (d) a warm blanket
38. 38.True or false: “a sticker album” is a need. (a) True (b) False
39. 39.Which of these is a want? (a) rice and dal (b) a bigger TV (c) a roof over your head (d) a school uniform
40. 40.True or false: “a toy robot” is a need. (a) False (b) True

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