Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 180 · 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 toy robot (b) medicine when ill (c) a third pair of shoes (d) sweets every day
2. 2.Which of these is a want? (a) bus fare to school (b) rice and dal (c) designer sunglasses (d) a school uniform
3. 3.True or false: “notebooks for school” is a want. (a) False (b) True
4. 4.True or false: “a video game” is a need. (a) True (b) False
5. 5.🛒 Need or want: a school uniform? (a) a need (b) a want
6. 6.Which of these is a need? (a) a fancy phone cover (b) a sticker album (c) rice and dal (d) sweets every day
7. 7.🔍 Which is the odd one out? (a) school shoes (b) medicine when ill (c) a party dress (d) soap
8. 8.🍱 A tiffin service mostly meets which? (a) nothing at all (b) a want: toys (c) a want: games (d) a need: food
9. 9.🛒 Need or want: notebooks for school? (a) a want (b) a need
10. 10.🛒 Need or want: a fancy phone cover? (a) a need (b) a want
11. 11.☔ In the monsoon, which would sell best at a school gate? (a) ice lollies (b) umbrellas and raincoats (c) woollen sweaters (d) paper kites
12. 12.True or false: “a sticker album” is a want. (a) False (b) True
13. 13.🛒 Need or want: drinking water? (a) a need (b) a want
14. 14.❄️ On a cold winter morning, which stall would most people want? (a) hot drinks (b) paper fans (c) water guns (d) ice lollies
15. 15.True or false: “designer sunglasses” is a need. (a) True (b) False
16. 16.🛒 Need or want: sweets every day? (a) a need (b) a want
17. 17.🛒 Need or want: school shoes? (a) a need (b) a want
18. 18.Which of these is a want? (a) notebooks for school (b) drinking water (c) a third pair of shoes (d) school shoes
19. 19.Which of these is a need? (a) a school uniform (b) a sticker album (c) a party dress (d) a video game
20. 20.🛍️ Why do businesses that meet needs often sell all year? (a) needs are toys (b) nobody buys needs (c) people always need them (d) needs are always free
21. 21.Which of these is a need? (a) a warm blanket (b) a bigger TV (c) a video game (d) designer sunglasses
22. 22.True or false: “medicine when ill” is a want. (a) True (b) False
23. 23.True or false: “soap” is a want. (a) True (b) False
24. 24.True or false: “a video game” is a want. (a) True (b) False
25. 25.🔍 Which is the odd one out? (a) rice and dal (b) bus fare to school (c) notebooks for school (d) a third pair of shoes
26. 26.🛒 A family has little money. What should it buy first? (a) the most fun thing (b) the needs (c) the costliest thing (d) the wants
27. 27.🔍 Which is the odd one out? (a) notebooks for school (b) a fancy phone cover (c) a third pair of shoes (d) a toy robot
28. 28.🔍 Which is the odd one out? (a) medicine when ill (b) rice and dal (c) a bigger TV (d) soap
29. 29.💡 A need is something… (a) made of plastic (b) we must have to live (c) only rich people buy (d) nice but not needed
30. 30.True or false: “school shoes” is a need. (a) False (b) True
31. 31.🔍 Which is the odd one out? (a) school shoes (b) a school uniform (c) a toy robot (d) soap
32. 32.True or false: “rice and dal” is a need. (a) True (b) False
33. 33.Which of these is a need? (a) a bigger TV (b) sweets every day (c) a roof over your head (d) a video game
34. 34.🎯 A want can still be a good business when… (a) it breaks the rules (b) it is not safe (c) many people want it (d) nobody likes it
35. 35.Which of these is a want? (a) school shoes (b) drinking water (c) a warm blanket (d) a fancy phone cover
36. 36.True or false: “a warm blanket” is a want. (a) True (b) False
37. 37.True or false: “a third pair of shoes” is a need. (a) False (b) True
38. 38.Which of these is a need? (a) a third pair of shoes (b) school shoes (c) designer sunglasses (d) a toy robot
39. 39.Which of these is a want? (a) a video game (b) soap (c) school shoes (d) drinking water
40. 40.Which of these is a want? (a) a warm blanket (b) notebooks for school (c) a party dress (d) drinking water

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