Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 100 · 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 need? (a) a bigger TV (b) a video game (c) designer sunglasses (d) bus fare to school
2. 2.True or false: “a toy robot” is a want. (a) False (b) True
3. 3.🔍 Which is the odd one out? (a) a fancy phone cover (b) school shoes (c) soap (d) a warm blanket
4. 4.🔍 Which is the odd one out? (a) a school uniform (b) soap (c) a bigger TV (d) school shoes
5. 5.🛒 A family has little money. What should it buy first? (a) the most fun thing (b) the costliest thing (c) the needs (d) the wants
6. 6.💡 A need is something… (a) nice but not needed (b) only rich people buy (c) made of plastic (d) we must have to live
7. 7.🔍 Which is the odd one out? (a) a roof over your head (b) notebooks for school (c) drinking water (d) sweets every day
8. 8.True or false: “notebooks for school” is a need. (a) False (b) True
9. 9.🛒 Need or want: medicine when ill? (a) a want (b) a need
10. 10.☔ In the monsoon, which would sell best at a school gate? (a) woollen sweaters (b) ice lollies (c) paper kites (d) umbrellas and raincoats
11. 11.🛍️ Why do businesses that meet needs often sell all year? (a) needs are toys (b) needs are always free (c) nobody buys needs (d) people always need them
12. 12.True or false: “a bigger TV” is a want. (a) True (b) False
13. 13.Which of these is a need? (a) a party dress (b) a fancy phone cover (c) a toy robot (d) soap
14. 14.🎯 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
15. 15.🔍 Which is the odd one out? (a) designer sunglasses (b) a sticker album (c) medicine when ill (d) a fancy phone cover
16. 16.🔍 Which is the odd one out? (a) a toy robot (b) rice and dal (c) a warm blanket (d) drinking water
17. 17.🛒 Need or want: a warm blanket? (a) a need (b) a want
18. 18.🛒 Need or want: notebooks for school? (a) a want (b) a need
19. 19.Which of these is a want? (a) rice and dal (b) soap (c) a toy robot (d) medicine when ill
20. 20.🛒 Need or want: rice and dal? (a) a want (b) a need
21. 21.Which of these is a want? (a) a third pair of shoes (b) a warm blanket (c) soap (d) drinking water
22. 22.🔍 Which is the odd one out? (a) a party dress (b) a fancy phone cover (c) bus fare to school (d) a bigger TV
23. 23.🔍 Which is the odd one out? (a) school shoes (b) a third pair of shoes (c) a fancy phone cover (d) a party dress
24. 24.🛒 Need or want: drinking water? (a) a want (b) a need
25. 25.🛒 Need or want: a video game? (a) a need (b) a want
26. 26.❄️ On a cold winter morning, which stall would most people want? (a) ice lollies (b) hot drinks (c) paper fans (d) water guns
27. 27.🔍 Which is the odd one out? (a) school shoes (b) rice and dal (c) designer sunglasses (d) drinking water
28. 28.🔍 Which is the odd one out? (a) school shoes (b) soap (c) medicine when ill (d) a sticker album
29. 29.🔍 Which is the odd one out? (a) soap (b) a third pair of shoes (c) a glitter pen set (d) a fancy phone cover
30. 30.True or false: “a toy robot” is a need. (a) False (b) True
31. 31.Which of these is a need? (a) a video game (b) a school uniform (c) a glitter pen set (d) a fancy phone cover
32. 32.True or false: “rice and dal” is a need. (a) True (b) False
33. 33.🔍 Which is the odd one out? (a) a sticker album (b) a roof over your head (c) a fancy phone cover (d) a toy robot
34. 34.Which of these is a want? (a) designer sunglasses (b) notebooks for school (c) soap (d) a warm blanket
35. 35.True or false: “drinking water” is a want. (a) True (b) False
36. 36.True or false: “a party dress” is a need. (a) False (b) True
37. 37.🛒 Need or want: sweets every day? (a) a need (b) a want
38. 38.True or false: “a third pair of shoes” is a need. (a) True (b) False
39. 39.🛒 Need or want: a fancy phone cover? (a) a want (b) a need
40. 40.🛒 Need or want: soap? (a) a want (b) a need

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