Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 125 · 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 toy robot (b) designer sunglasses (c) bus fare to school (d) a fancy phone cover
2. 2.True or false: “a party dress” is a want. (a) True (b) False
3. 3.🔍 Which is the odd one out? (a) a glitter pen set (b) a video game (c) designer sunglasses (d) a roof over your head
4. 4.True or false: “school shoes” is a want. (a) True (b) False
5. 5.True or false: “notebooks for school” is a need. (a) True (b) False
6. 6.🛒 Need or want: a warm blanket? (a) a want (b) a need
7. 7.Which of these is a need? (a) a fancy phone cover (b) drinking water (c) designer sunglasses (d) a sticker album
8. 8.True or false: “bus fare to school” is a want. (a) False (b) True
9. 9.🎯 A want can still be a good business when… (a) it is not safe (b) nobody likes it (c) many people want it (d) it breaks the rules
10. 10.💡 A need is something… (a) we must have to live (b) made of plastic (c) only rich people buy (d) nice but not needed
11. 11.🍱 A tiffin service mostly meets which? (a) a need: food (b) nothing at all (c) a want: toys (d) a want: games
12. 12.Which of these is a want? (a) a warm blanket (b) rice and dal (c) a bigger TV (d) bus fare to school
13. 13.🔍 Which is the odd one out? (a) a party dress (b) drinking water (c) a fancy phone cover (d) a sticker album
14. 14.True or false: “a warm blanket” is a want. (a) True (b) False
15. 15.🔍 Which is the odd one out? (a) a school uniform (b) sweets every day (c) a video game (d) designer sunglasses
16. 16.True or false: “soap” is a want. (a) True (b) False
17. 17.🔍 Which is the odd one out? (a) a warm blanket (b) drinking water (c) school shoes (d) a glitter pen set
18. 18.True or false: “rice and dal” is a need. (a) False (b) True
19. 19.True or false: “a third pair of shoes” is a want. (a) False (b) True
20. 20.🛒 Need or want: a toy robot? (a) a need (b) a want
21. 21.🛍️ Why do businesses that meet needs often sell all year? (a) nobody buys needs (b) needs are always free (c) needs are toys (d) people always need them
22. 22.🔍 Which is the odd one out? (a) designer sunglasses (b) medicine when ill (c) soap (d) bus fare to school
23. 23.Which of these is a need? (a) a fancy phone cover (b) a glitter pen set (c) a toy robot (d) soap
24. 24.True or false: “designer sunglasses” is a need. (a) True (b) False
25. 25.Which of these is a need? (a) a toy robot (b) a third pair of shoes (c) medicine when ill (d) a party dress
26. 26.🔍 Which is the odd one out? (a) notebooks for school (b) bus fare to school (c) rice and dal (d) a party dress
27. 27.Which of these is a need? (a) a third pair of shoes (b) designer sunglasses (c) a roof over your head (d) a party dress
28. 28.🛒 Need or want: soap? (a) a want (b) a need
29. 29.True or false: “soap” is a need. (a) False (b) True
30. 30.🛒 Need or want: rice and dal? (a) a need (b) a want
31. 31.True or false: “a glitter pen set” is a want. (a) False (b) True
32. 32.🛒 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
33. 33.❄️ On a cold winter morning, which stall would most people want? (a) ice lollies (b) hot drinks (c) paper fans (d) water guns
34. 34.☔ In the monsoon, which would sell best at a school gate? (a) paper kites (b) woollen sweaters (c) umbrellas and raincoats (d) ice lollies
35. 35.🔍 Which is the odd one out? (a) a toy robot (b) a glitter pen set (c) bus fare to school (d) designer sunglasses
36. 36.True or false: “a school uniform” is a need. (a) True (b) False
37. 37.True or false: “school shoes” is a need. (a) True (b) False
38. 38.🛒 Need or want: school shoes? (a) a need (b) a want
39. 39.🔍 Which is the odd one out? (a) sweets every day (b) a warm blanket (c) notebooks for school (d) a roof over your head
40. 40.🛒 Need or want: drinking water? (a) a need (b) a want

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