Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 128 · 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.🎯 A want can still be a good business when… (a) many people want it (b) it is not safe (c) it breaks the rules (d) nobody likes it
2. 2.☔ In the monsoon, which would sell best at a school gate? (a) umbrellas and raincoats (b) ice lollies (c) paper kites (d) woollen sweaters
3. 3.🛒 Need or want: a glitter pen set? (a) a need (b) a want
4. 4.True or false: “designer sunglasses” is a want. (a) True (b) False
5. 5.True or false: “notebooks for school” is a want. (a) True (b) False
6. 6.True or false: “a video game” is a need. (a) True (b) False
7. 7.🔍 Which is the odd one out? (a) a fancy phone cover (b) designer sunglasses (c) a party dress (d) medicine when ill
8. 8.🛒 A family has little money. What should it buy first? (a) the costliest thing (b) the wants (c) the needs (d) the most fun thing
9. 9.🔍 Which is the odd one out? (a) a toy robot (b) a fancy phone cover (c) a school uniform (d) a video game
10. 10.Which of these is a need? (a) a bigger TV (b) sweets every day (c) a video game (d) a roof over your head
11. 11.Which of these is a want? (a) notebooks for school (b) a glitter pen set (c) school shoes (d) drinking water
12. 12.🛒 Need or want: a party dress? (a) a need (b) a want
13. 13.Which of these is a need? (a) notebooks for school (b) sweets every day (c) a fancy phone cover (d) a sticker album
14. 14.True or false: “a warm blanket” is a want. (a) False (b) True
15. 15.💡 A need is something… (a) nice but not needed (b) we must have to live (c) made of plastic (d) only rich people buy
16. 16.True or false: “a school uniform” is a need. (a) False (b) True
17. 17.🛒 Need or want: a school uniform? (a) a need (b) a want
18. 18.Which of these is a want? (a) soap (b) a school uniform (c) school shoes (d) a third pair of shoes
19. 19.🛒 Need or want: a warm blanket? (a) a need (b) a want
20. 20.True or false: “a roof over your head” is a want. (a) False (b) True
21. 21.❄️ On a cold winter morning, which stall would most people want? (a) water guns (b) hot drinks (c) paper fans (d) ice lollies
22. 22.🔍 Which is the odd one out? (a) notebooks for school (b) bus fare to school (c) rice and dal (d) a party dress
23. 23.Which of these is a need? (a) a sticker album (b) a school uniform (c) a party dress (d) sweets every day
24. 24.🛒 Need or want: drinking water? (a) a want (b) a need
25. 25.🍱 A tiffin service mostly meets which? (a) a want: games (b) nothing at all (c) a need: food (d) a want: toys
26. 26.🔍 Which is the odd one out? (a) a glitter pen set (b) medicine when ill (c) a roof over your head (d) notebooks for school
27. 27.🛒 Need or want: a bigger TV? (a) a need (b) a want
28. 28.🔍 Which is the odd one out? (a) a sticker album (b) designer sunglasses (c) a toy robot (d) a roof over your head
29. 29.Which of these is a want? (a) medicine when ill (b) a school uniform (c) rice and dal (d) a bigger TV
30. 30.🔍 Which is the odd one out? (a) drinking water (b) soap (c) medicine when ill (d) a video game
31. 31.🔍 Which is the odd one out? (a) drinking water (b) a party dress (c) a toy robot (d) a sticker album
32. 32.Which of these is a want? (a) school shoes (b) a video game (c) rice and dal (d) bus fare to school
33. 33.🛍️ 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
34. 34.True or false: “a toy robot” is a want. (a) True (b) False
35. 35.True or false: “medicine when ill” is a want. (a) False (b) True
36. 36.Which of these is a want? (a) a school uniform (b) a roof over your head (c) a sticker album (d) a warm blanket
37. 37.🔍 Which is the odd one out? (a) notebooks for school (b) a roof over your head (c) medicine when ill (d) a sticker album
38. 38.🔍 Which is the odd one out? (a) notebooks for school (b) a warm blanket (c) school shoes (d) designer sunglasses
39. 39.🔍 Which is the odd one out? (a) medicine when ill (b) sweets every day (c) rice and dal (d) school shoes
40. 40.🛒 Need or want: a roof over your head? (a) a want (b) a need

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