Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 116 · 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.True or false: “a warm blanket” is a need. (a) False (b) True
2. 2.🔍 Which is the odd one out? (a) a video game (b) drinking water (c) a warm blanket (d) medicine when ill
3. 3.🛒 Need or want: a warm blanket? (a) a need (b) a want
4. 4.🎯 A want can still be a good business when… (a) many people want it (b) nobody likes it (c) it is not safe (d) it breaks the rules
5. 5.🛒 Need or want: school shoes? (a) a want (b) a need
6. 6.🛒 Need or want: a fancy phone cover? (a) a want (b) a need
7. 7.True or false: “a glitter pen set” is a need. (a) False (b) True
8. 8.❄️ On a cold winter morning, which stall would most people want? (a) water guns (b) hot drinks (c) ice lollies (d) paper fans
9. 9.🛒 Need or want: a school uniform? (a) a want (b) a need
10. 10.🍱 A tiffin service mostly meets which? (a) nothing at all (b) a want: toys (c) a want: games (d) a need: food
11. 11.Which of these is a need? (a) a party dress (b) school shoes (c) a video game (d) a sticker album
12. 12.🛒 Need or want: medicine when ill? (a) a want (b) a need
13. 13.🛒 Need or want: soap? (a) a want (b) a need
14. 14.🛒 Need or want: rice and dal? (a) a want (b) a need
15. 15.True or false: “a video game” is a want. (a) False (b) True
16. 16.True or false: “a bigger TV” is a want. (a) True (b) False
17. 17.Which of these is a need? (a) a glitter pen set (b) drinking water (c) a sticker album (d) sweets every day
18. 18.🔍 Which is the odd one out? (a) a fancy phone cover (b) a sticker album (c) a third pair of shoes (d) notebooks for school
19. 19.🛒 Need or want: a sticker album? (a) a want (b) a need
20. 20.Which of these is a want? (a) a school uniform (b) a third pair of shoes (c) notebooks for school (d) a warm blanket
21. 21.🛒 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
22. 22.Which of these is a want? (a) a toy robot (b) rice and dal (c) soap (d) a school uniform
23. 23.Which of these is a want? (a) soap (b) a video game (c) rice and dal (d) notebooks for school
24. 24.Which of these is a need? (a) a fancy phone cover (b) a third pair of shoes (c) sweets every day (d) notebooks for school
25. 25.Which of these is a need? (a) a toy robot (b) a fancy phone cover (c) bus fare to school (d) a sticker album
26. 26.🔍 Which is the odd one out? (a) soap (b) a warm blanket (c) designer sunglasses (d) bus fare to school
27. 27.🛍️ 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
28. 28.🔍 Which is the odd one out? (a) rice and dal (b) soap (c) a glitter pen set (d) drinking water
29. 29.Which of these is a want? (a) a roof over your head (b) school shoes (c) a sticker album (d) rice and dal
30. 30.Which of these is a want? (a) notebooks for school (b) bus fare to school (c) a school uniform (d) designer sunglasses
31. 31.🛒 Need or want: drinking water? (a) a want (b) a need
32. 32.🔍 Which is the odd one out? (a) a third pair of shoes (b) designer sunglasses (c) rice and dal (d) a sticker album
33. 33.🛒 Need or want: a roof over your head? (a) a want (b) a need
34. 34.True or false: “a bigger TV” is a need. (a) True (b) False
35. 35.🔍 Which is the odd one out? (a) a toy robot (b) designer sunglasses (c) drinking water (d) a fancy phone cover
36. 36.Which of these is a need? (a) a party dress (b) soap (c) a glitter pen set (d) designer sunglasses
37. 37.🛒 Need or want: a toy robot? (a) a need (b) a want
38. 38.Which of these is a need? (a) a warm blanket (b) a bigger TV (c) a party dress (d) sweets every day
39. 39.☔ In the monsoon, which would sell best at a school gate? (a) umbrellas and raincoats (b) woollen sweaters (c) ice lollies (d) paper kites
40. 40.Which of these is a want? (a) drinking water (b) a bigger TV (c) medicine when ill (d) a roof over your head

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