Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 126 · 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: “bus fare to school” is a want. (a) False (b) True
2. 2.💡 A need is something… (a) made of plastic (b) only rich people buy (c) we must have to live (d) nice but not needed
3. 3.Which of these is a need? (a) sweets every day (b) a fancy phone cover (c) a school uniform (d) a glitter pen set
4. 4.🛒 Need or want: a fancy phone cover? (a) a need (b) a want
5. 5.🛒 Need or want: bus fare to school? (a) a need (b) a want
6. 6.True or false: “a sticker album” is a need. (a) True (b) False
7. 7.🔍 Which is the odd one out? (a) a bigger TV (b) a glitter pen set (c) medicine when ill (d) a toy robot
8. 8.🔍 Which is the odd one out? (a) school shoes (b) a fancy phone cover (c) designer sunglasses (d) a toy robot
9. 9.True or false: “sweets every day” is a need. (a) True (b) False
10. 10.☔ In the monsoon, which would sell best at a school gate? (a) woollen sweaters (b) paper kites (c) ice lollies (d) umbrellas and raincoats
11. 11.🍱 A tiffin service mostly meets which? (a) a want: toys (b) a want: games (c) nothing at all (d) a need: food
12. 12.Which of these is a want? (a) bus fare to school (b) drinking water (c) a sticker album (d) a warm blanket
13. 13.❄️ On a cold winter morning, which stall would most people want? (a) water guns (b) hot drinks (c) ice lollies (d) paper fans
14. 14.True or false: “designer sunglasses” is a need. (a) True (b) False
15. 15.True or false: “a sticker album” is a want. (a) False (b) True
16. 16.🎯 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
17. 17.🔍 Which is the odd one out? (a) medicine when ill (b) school shoes (c) a roof over your head (d) a bigger TV
18. 18.🔍 Which is the odd one out? (a) drinking water (b) a video game (c) designer sunglasses (d) a toy robot
19. 19.🛒 Need or want: soap? (a) a want (b) a need
20. 20.🔍 Which is the odd one out? (a) soap (b) notebooks for school (c) sweets every day (d) bus fare to school
21. 21.🛍️ Why do businesses that meet needs often sell all year? (a) needs are toys (b) people always need them (c) needs are always free (d) nobody buys needs
22. 22.True or false: “a toy robot” is a want. (a) False (b) True
23. 23.🔍 Which is the odd one out? (a) bus fare to school (b) a party dress (c) drinking water (d) a roof over your head
24. 24.Which of these is a want? (a) medicine when ill (b) soap (c) a bigger TV (d) rice and dal
25. 25.True or false: “a school uniform” is a need. (a) True (b) False
26. 26.True or false: “a glitter pen set” is a need. (a) False (b) True
27. 27.Which of these is a need? (a) a sticker album (b) a fancy phone cover (c) a bigger TV (d) soap
28. 28.🛒 A family has little money. What should it buy first? (a) the needs (b) the costliest thing (c) the most fun thing (d) the wants
29. 29.Which of these is a need? (a) a sticker album (b) a video game (c) bus fare to school (d) a fancy phone cover
30. 30.🔍 Which is the odd one out? (a) a glitter pen set (b) rice and dal (c) a sticker album (d) a video game
31. 31.🛒 Need or want: a glitter pen set? (a) a want (b) a need
32. 32.True or false: “soap” is a want. (a) True (b) False
33. 33.Which of these is a need? (a) medicine when ill (b) a sticker album (c) a bigger TV (d) a toy robot
34. 34.Which of these is a need? (a) school shoes (b) a video game (c) a fancy phone cover (d) a bigger TV
35. 35.Which of these is a want? (a) soap (b) rice and dal (c) a warm blanket (d) designer sunglasses
36. 36.🔍 Which is the odd one out? (a) a roof over your head (b) a third pair of shoes (c) notebooks for school (d) drinking water
37. 37.🛒 Need or want: a party dress? (a) a want (b) a need
38. 38.True or false: “sweets every day” is a want. (a) False (b) True
39. 39.Which of these is a need? (a) designer sunglasses (b) a video game (c) drinking water (d) a third pair of shoes
40. 40.🔍 Which is the odd one out? (a) medicine when ill (b) designer sunglasses (c) bus fare to school (d) a school uniform

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