Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 102 · 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.🛒 Need or want: a toy robot? (a) a want (b) a need
2. 2.🍱 A tiffin service mostly meets which? (a) a want: toys (b) a want: games (c) a need: food (d) nothing at all
3. 3.Which of these is a need? (a) a fancy phone cover (b) a bigger TV (c) a video game (d) rice and dal
4. 4.🛒 Need or want: bus fare to school? (a) a want (b) a need
5. 5.True or false: “a fancy phone cover” is a want. (a) False (b) True
6. 6.Which of these is a want? (a) bus fare to school (b) sweets every day (c) a roof over your head (d) a school uniform
7. 7.☔ In the monsoon, which would sell best at a school gate? (a) paper kites (b) woollen sweaters (c) ice lollies (d) umbrellas and raincoats
8. 8.🛒 Need or want: a fancy phone cover? (a) a need (b) a want
9. 9.True or false: “bus fare to school” is a want. (a) True (b) False
10. 10.🔍 Which is the odd one out? (a) a sticker album (b) a third pair of shoes (c) a party dress (d) a warm blanket
11. 11.Which of these is a want? (a) notebooks for school (b) a video game (c) a roof over your head (d) soap
12. 12.🔍 Which is the odd one out? (a) a bigger TV (b) notebooks for school (c) a third pair of shoes (d) a glitter pen set
13. 13.True or false: “a bigger TV” is a need. (a) False (b) True
14. 14.Which of these is a want? (a) designer sunglasses (b) a roof over your head (c) soap (d) school shoes
15. 15.Which of these is a need? (a) bus fare to school (b) a bigger TV (c) a video game (d) a party dress
16. 16.True or false: “a toy robot” is a need. (a) False (b) True
17. 17.🛒 Need or want: drinking water? (a) a need (b) a want
18. 18.True or false: “a fancy phone cover” is a need. (a) True (b) False
19. 19.💡 A need is something… (a) nice but not needed (b) we must have to live (c) only rich people buy (d) made of plastic
20. 20.True or false: “a roof over your head” is a need. (a) False (b) True
21. 21.Which of these is a want? (a) school shoes (b) a warm blanket (c) a toy robot (d) bus fare to school
22. 22.🛍️ Why do businesses that meet needs often sell all year? (a) nobody buys needs (b) needs are toys (c) people always need them (d) needs are always free
23. 23.True or false: “drinking water” is a need. (a) True (b) False
24. 24.🔍 Which is the odd one out? (a) school shoes (b) a third pair of shoes (c) notebooks for school (d) a warm blanket
25. 25.🛒 Need or want: rice and dal? (a) a need (b) a want
26. 26.Which of these is a need? (a) sweets every day (b) designer sunglasses (c) a roof over your head (d) a video game
27. 27.True or false: “a school uniform” is a want. (a) True (b) False
28. 28.Which of these is a need? (a) a bigger TV (b) a warm blanket (c) a fancy phone cover (d) a glitter pen set
29. 29.🛒 Need or want: a glitter pen set? (a) a need (b) a want
30. 30.True or false: “a warm blanket” is a need. (a) False (b) True
31. 31.❄️ On a cold winter morning, which stall would most people want? (a) hot drinks (b) ice lollies (c) water guns (d) paper fans
32. 32.Which of these is a want? (a) a sticker album (b) bus fare to school (c) rice and dal (d) a warm blanket
33. 33.True or false: “a warm blanket” is a want. (a) True (b) False
34. 34.🛒 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
35. 35.Which of these is a want? (a) bus fare to school (b) notebooks for school (c) medicine when ill (d) a glitter pen set
36. 36.Which of these is a want? (a) school shoes (b) a school uniform (c) drinking water (d) a party dress
37. 37.True or false: “a toy robot” is a want. (a) True (b) False
38. 38.🎯 A want can still be a good business when… (a) it is not safe (b) many people want it (c) it breaks the rules (d) nobody likes it
39. 39.Which of these is a need? (a) a fancy phone cover (b) a sticker album (c) a third pair of shoes (d) school shoes
40. 40.🔍 Which is the odd one out? (a) a fancy phone cover (b) a toy robot (c) a bigger TV (d) a school uniform

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