Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 1 · 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) soap (b) medicine when ill (c) notebooks for school (d) a fancy phone cover
2. 2.🛒 Need or want: a glitter pen set? (a) a need (b) a want
3. 3.Which of these is a need? (a) a roof over your head (b) a party dress (c) a fancy phone cover (d) a toy robot
4. 4.🛒 Need or want: a school uniform? (a) a want (b) a need
5. 5.🛒 Need or want: designer sunglasses? (a) a want (b) a need
6. 6.Which of these is a need? (a) soap (b) sweets every day (c) a party dress (d) designer sunglasses
7. 7.🔍 Which is the odd one out? (a) a third pair of shoes (b) school shoes (c) a warm blanket (d) bus fare to school
8. 8.True or false: “a school uniform” is a want. (a) False (b) True
9. 9.🛒 A family has little money. What should it buy first? (a) the wants (b) the most fun thing (c) the costliest thing (d) the needs
10. 10.🛒 Need or want: a bigger TV? (a) a want (b) a need
11. 11.Which of these is a want? (a) rice and dal (b) drinking water (c) sweets every day (d) school shoes
12. 12.🔍 Which is the odd one out? (a) rice and dal (b) a bigger TV (c) a video game (d) a party dress
13. 13.True or false: “a video game” is a want. (a) True (b) False
14. 14.Which of these is a need? (a) a video game (b) a sticker album (c) a third pair of shoes (d) a warm blanket
15. 15.True or false: “medicine when ill” is a need. (a) True (b) False
16. 16.🎯 A want can still be a good business when… (a) it breaks the rules (b) nobody likes it (c) many people want it (d) it is not safe
17. 17.Which of these is a need? (a) bus fare to school (b) a third pair of shoes (c) a sticker album (d) a fancy phone cover
18. 18.True or false: “soap” is a need. (a) False (b) True
19. 19.🔍 Which is the odd one out? (a) a fancy phone cover (b) notebooks for school (c) bus fare to school (d) school shoes
20. 20.True or false: “a third pair of shoes” is a want. (a) True (b) False
21. 21.Which of these is a need? (a) a toy robot (b) a party dress (c) a third pair of shoes (d) a school uniform
22. 22.Which of these is a need? (a) a third pair of shoes (b) notebooks for school (c) a toy robot (d) a bigger TV
23. 23.🍱 A tiffin service mostly meets which? (a) a need: food (b) a want: games (c) a want: toys (d) nothing at all
24. 24.Which of these is a want? (a) a party dress (b) rice and dal (c) drinking water (d) a school uniform
25. 25.True or false: “a roof over your head” is a want. (a) False (b) True
26. 26.🔍 Which is the odd one out? (a) bus fare to school (b) medicine when ill (c) a party dress (d) a warm blanket
27. 27.Which of these is a need? (a) medicine when ill (b) a fancy phone cover (c) a third pair of shoes (d) a toy robot
28. 28.Which of these is a want? (a) bus fare to school (b) a warm blanket (c) designer sunglasses (d) rice and dal
29. 29.💡 A need is something… (a) nice but not needed (b) made of plastic (c) only rich people buy (d) we must have to live
30. 30.☔ In the monsoon, which would sell best at a school gate? (a) umbrellas and raincoats (b) paper kites (c) ice lollies (d) woollen sweaters
31. 31.Which of these is a want? (a) rice and dal (b) a video game (c) a school uniform (d) a warm blanket
32. 32.🔍 Which is the odd one out? (a) medicine when ill (b) rice and dal (c) school shoes (d) a sticker album
33. 33.True or false: “sweets every day” is a want. (a) False (b) True
34. 34.🛒 Need or want: a sticker album? (a) a want (b) a need
35. 35.🛍️ Why do businesses that meet needs often sell all year? (a) people always need them (b) needs are toys (c) needs are always free (d) nobody buys needs
36. 36.🛒 Need or want: a party dress? (a) a want (b) a need
37. 37.🔍 Which is the odd one out? (a) a bigger TV (b) designer sunglasses (c) a warm blanket (d) a glitter pen set
38. 38.True or false: “school shoes” is a want. (a) False (b) True
39. 39.🔍 Which is the odd one out? (a) a fancy phone cover (b) a party dress (c) a third pair of shoes (d) a roof over your head
40. 40.🛒 Need or want: school shoes? (a) a want (b) a need

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