Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 133 · 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 third pair of shoes (b) a sticker album (c) a fancy phone cover (d) a warm blanket
2. 2.🛒 Need or want: a third pair of shoes? (a) a need (b) a want
3. 3.🔍 Which is the odd one out? (a) a warm blanket (b) soap (c) a party dress (d) a school uniform
4. 4.True or false: “a glitter pen set” is a need. (a) True (b) False
5. 5.🛒 Need or want: designer sunglasses? (a) a need (b) a want
6. 6.🛒 Need or want: school shoes? (a) a need (b) a want
7. 7.🔍 Which is the odd one out? (a) drinking water (b) medicine when ill (c) soap (d) sweets every day
8. 8.🎯 A want can still be a good business when… (a) it is not safe (b) it breaks the rules (c) nobody likes it (d) many people want it
9. 9.Which of these is a need? (a) a bigger TV (b) a school uniform (c) a third pair of shoes (d) designer sunglasses
10. 10.☔ In the monsoon, which would sell best at a school gate? (a) umbrellas and raincoats (b) woollen sweaters (c) ice lollies (d) paper kites
11. 11.True or false: “designer sunglasses” is a need. (a) True (b) False
12. 12.🛒 Need or want: notebooks for school? (a) a want (b) a need
13. 13.💡 A need is something… (a) made of plastic (b) nice but not needed (c) we must have to live (d) only rich people buy
14. 14.🛒 Need or want: a glitter pen set? (a) a want (b) a need
15. 15.True or false: “a warm blanket” is a want. (a) True (b) False
16. 16.Which of these is a need? (a) sweets every day (b) bus fare to school (c) a third pair of shoes (d) a sticker album
17. 17.❄️ On a cold winter morning, which stall would most people want? (a) hot drinks (b) water guns (c) paper fans (d) ice lollies
18. 18.🛒 Need or want: a sticker album? (a) a need (b) a want
19. 19.🔍 Which is the odd one out? (a) a third pair of shoes (b) a bigger TV (c) a fancy phone cover (d) a warm blanket
20. 20.🛒 Need or want: a school uniform? (a) a need (b) a want
21. 21.Which of these is a need? (a) a toy robot (b) a party dress (c) a bigger TV (d) notebooks for school
22. 22.🛍️ Why do businesses that meet needs often sell all year? (a) needs are always free (b) nobody buys needs (c) people always need them (d) needs are toys
23. 23.🛒 A family has little money. What should it buy first? (a) the costliest thing (b) the wants (c) the most fun thing (d) the needs
24. 24.🛒 Need or want: drinking water? (a) a need (b) a want
25. 25.🔍 Which is the odd one out? (a) a sticker album (b) a glitter pen set (c) designer sunglasses (d) drinking water
26. 26.True or false: “bus fare to school” is a need. (a) False (b) True
27. 27.🍱 A tiffin service mostly meets which? (a) a want: toys (b) a want: games (c) nothing at all (d) a need: food
28. 28.Which of these is a need? (a) a party dress (b) a toy robot (c) a bigger TV (d) school shoes
29. 29.🔍 Which is the odd one out? (a) a roof over your head (b) a third pair of shoes (c) a sticker album (d) a fancy phone cover
30. 30.Which of these is a need? (a) a fancy phone cover (b) a bigger TV (c) designer sunglasses (d) soap
31. 31.🛒 Need or want: a fancy phone cover? (a) a want (b) a need
32. 32.True or false: “a third pair of shoes” is a need. (a) True (b) False
33. 33.Which of these is a need? (a) a bigger TV (b) a roof over your head (c) a third pair of shoes (d) a sticker album
34. 34.True or false: “a school uniform” is a need. (a) False (b) True
35. 35.🔍 Which is the odd one out? (a) a fancy phone cover (b) soap (c) designer sunglasses (d) sweets every day
36. 36.Which of these is a want? (a) medicine when ill (b) a video game (c) notebooks for school (d) school shoes
37. 37.🔍 Which is the odd one out? (a) a fancy phone cover (b) a sticker album (c) designer sunglasses (d) notebooks for school
38. 38.🔍 Which is the odd one out? (a) drinking water (b) notebooks for school (c) designer sunglasses (d) a roof over your head
39. 39.True or false: “a school uniform” is a want. (a) False (b) True
40. 40.🔍 Which is the odd one out? (a) school shoes (b) rice and dal (c) a sticker album (d) bus fare to school

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