Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 164 · 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 want? (a) a school uniform (b) medicine when ill (c) a roof over your head (d) designer sunglasses
2. 2.Which of these is a need? (a) drinking water (b) a fancy phone cover (c) a video game (d) a glitter pen set
3. 3.Which of these is a need? (a) a sticker album (b) notebooks for school (c) a bigger TV (d) a glitter pen set
4. 4.True or false: “a video game” is a need. (a) False (b) True
5. 5.☔ In the monsoon, which would sell best at a school gate? (a) paper kites (b) ice lollies (c) woollen sweaters (d) umbrellas and raincoats
6. 6.🛍️ Why do businesses that meet needs often sell all year? (a) nobody buys needs (b) needs are toys (c) people always need them (d) needs are always free
7. 7.❄️ On a cold winter morning, which stall would most people want? (a) ice lollies (b) water guns (c) hot drinks (d) paper fans
8. 8.🔍 Which is the odd one out? (a) bus fare to school (b) school shoes (c) a roof over your head (d) a toy robot
9. 9.True or false: “a school uniform” is a want. (a) False (b) True
10. 10.🔍 Which is the odd one out? (a) a roof over your head (b) a school uniform (c) sweets every day (d) notebooks for school
11. 11.🔍 Which is the odd one out? (a) a bigger TV (b) a party dress (c) designer sunglasses (d) a warm blanket
12. 12.🎯 A want can still be a good business when… (a) nobody likes it (b) it breaks the rules (c) many people want it (d) it is not safe
13. 13.Which of these is a want? (a) a video game (b) soap (c) bus fare to school (d) school shoes
14. 14.True or false: “a glitter pen set” is a want. (a) True (b) False
15. 15.🛒 Need or want: sweets every day? (a) a want (b) a need
16. 16.🛒 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
17. 17.🛒 Need or want: a fancy phone cover? (a) a need (b) a want
18. 18.🛒 Need or want: designer sunglasses? (a) a need (b) a want
19. 19.True or false: “a video game” is a want. (a) True (b) False
20. 20.Which of these is a need? (a) a warm blanket (b) a video game (c) a toy robot (d) a third pair of shoes
21. 21.🔍 Which is the odd one out? (a) drinking water (b) a school uniform (c) school shoes (d) a sticker album
22. 22.🛒 Need or want: a warm blanket? (a) a want (b) a need
23. 23.💡 A need is something… (a) we must have to live (b) made of plastic (c) nice but not needed (d) only rich people buy
24. 24.🛒 Need or want: a school uniform? (a) a need (b) a want
25. 25.🔍 Which is the odd one out? (a) designer sunglasses (b) a video game (c) a toy robot (d) bus fare to school
26. 26.🔍 Which is the odd one out? (a) soap (b) medicine when ill (c) a video game (d) rice and dal
27. 27.🍱 A tiffin service mostly meets which? (a) a want: toys (b) a need: food (c) nothing at all (d) a want: games
28. 28.🔍 Which is the odd one out? (a) a video game (b) a third pair of shoes (c) notebooks for school (d) a toy robot
29. 29.🛒 Need or want: a sticker album? (a) a need (b) a want
30. 30.True or false: “medicine when ill” is a want. (a) True (b) False
31. 31.True or false: “a school uniform” is a need. (a) False (b) True
32. 32.True or false: “school shoes” is a want. (a) False (b) True
33. 33.Which of these is a need? (a) a third pair of shoes (b) soap (c) a fancy phone cover (d) a toy robot
34. 34.🛒 Need or want: soap? (a) a want (b) a need
35. 35.🛒 Need or want: drinking water? (a) a need (b) a want
36. 36.True or false: “notebooks for school” is a need. (a) False (b) True
37. 37.Which of these is a need? (a) a sticker album (b) a fancy phone cover (c) a roof over your head (d) a party dress
38. 38.🛒 Need or want: a third pair of shoes? (a) a need (b) a want
39. 39.True or false: “bus fare to school” is a want. (a) False (b) True
40. 40.Which of these is a need? (a) designer sunglasses (b) a third pair of shoes (c) rice and dal (d) a bigger TV

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