Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 140 · 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.🛒 Need or want: a third pair of shoes? (a) a want (b) a need
2. 2.True or false: “a school uniform” is a want. (a) True (b) False
3. 3.🛒 A family has little money. What should it buy first? (a) the most fun thing (b) the wants (c) the needs (d) the costliest thing
4. 4.🛒 Need or want: a toy robot? (a) a want (b) a need
5. 5.Which of these is a need? (a) a glitter pen set (b) medicine when ill (c) a sticker album (d) a third pair of shoes
6. 6.🔍 Which is the odd one out? (a) a warm blanket (b) a roof over your head (c) notebooks for school (d) designer sunglasses
7. 7.Which of these is a want? (a) soap (b) a fancy phone cover (c) medicine when ill (d) rice and dal
8. 8.🛒 Need or want: drinking water? (a) a need (b) a want
9. 9.🔍 Which is the odd one out? (a) soap (b) bus fare to school (c) drinking water (d) sweets every day
10. 10.True or false: “a sticker album” is a need. (a) False (b) True
11. 11.Which of these is a need? (a) a toy robot (b) school shoes (c) a bigger TV (d) a video game
12. 12.True or false: “a warm blanket” is a need. (a) True (b) False
13. 13.Which of these is a need? (a) bus fare to school (b) a fancy phone cover (c) a glitter pen set (d) a bigger TV
14. 14.True or false: “a toy robot” is a want. (a) False (b) True
15. 15.True or false: “a roof over your head” is a need. (a) False (b) True
16. 16.🔍 Which is the odd one out? (a) rice and dal (b) bus fare to school (c) school shoes (d) a party dress
17. 17.True or false: “soap” is a want. (a) False (b) True
18. 18.🛍️ Why do businesses that meet needs often sell all year? (a) people always need them (b) needs are always free (c) nobody buys needs (d) needs are toys
19. 19.🔍 Which is the odd one out? (a) a school uniform (b) a party dress (c) a fancy phone cover (d) a glitter pen set
20. 20.🔍 Which is the odd one out? (a) a sticker album (b) school shoes (c) bus fare to school (d) soap
21. 21.True or false: “medicine when ill” is a need. (a) False (b) True
22. 22.Which of these is a want? (a) notebooks for school (b) designer sunglasses (c) a warm blanket (d) a school uniform
23. 23.True or false: “school shoes” is a want. (a) False (b) True
24. 24.True or false: “a school uniform” is a need. (a) False (b) True
25. 25.🛒 Need or want: soap? (a) a need (b) a want
26. 26.🔍 Which is the odd one out? (a) a party dress (b) a video game (c) drinking water (d) a sticker album
27. 27.True or false: “a toy robot” is a need. (a) True (b) False
28. 28.🛒 Need or want: medicine when ill? (a) a want (b) a need
29. 29.💡 A need is something… (a) nice but not needed (b) we must have to live (c) made of plastic (d) only rich people buy
30. 30.Which of these is a want? (a) a sticker album (b) medicine when ill (c) rice and dal (d) soap
31. 31.🛒 Need or want: a sticker album? (a) a need (b) a want
32. 32.True or false: “drinking water” is a want. (a) False (b) True
33. 33.True or false: “a video game” is a want. (a) False (b) True
34. 34.True or false: “bus fare to school” is a want. (a) False (b) True
35. 35.🔍 Which is the odd one out? (a) a sticker album (b) a warm blanket (c) a third pair of shoes (d) a video game
36. 36.❄️ On a cold winter morning, which stall would most people want? (a) water guns (b) hot drinks (c) paper fans (d) ice lollies
37. 37.🔍 Which is the odd one out? (a) rice and dal (b) a video game (c) notebooks for school (d) a roof over your head
38. 38.🛒 Need or want: a school uniform? (a) a want (b) a need
39. 39.🎯 A want can still be a good business when… (a) it is not safe (b) it breaks the rules (c) many people want it (d) nobody likes it
40. 40.☔ In the monsoon, which would sell best at a school gate? (a) paper kites (b) umbrellas and raincoats (c) ice lollies (d) woollen sweaters

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