Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 183 · 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 need is something… (a) nice but not needed (b) made of plastic (c) only rich people buy (d) we must have to live
2. 2.Which of these is a want? (a) school shoes (b) a toy robot (c) a roof over your head (d) bus fare to school
3. 3.❄️ On a cold winter morning, which stall would most people want? (a) ice lollies (b) water guns (c) paper fans (d) hot drinks
4. 4.True or false: “medicine when ill” is a want. (a) True (b) False
5. 5.🔍 Which is the odd one out? (a) designer sunglasses (b) notebooks for school (c) a school uniform (d) drinking water
6. 6.🛒 Need or want: designer sunglasses? (a) a need (b) a want
7. 7.🛒 Need or want: a third pair of shoes? (a) a want (b) a need
8. 8.🔍 Which is the odd one out? (a) bus fare to school (b) a video game (c) a party dress (d) sweets every day
9. 9.Which of these is a want? (a) a school uniform (b) bus fare to school (c) designer sunglasses (d) notebooks for school
10. 10.🛒 Need or want: a sticker album? (a) a need (b) a want
11. 11.Which of these is a need? (a) soap (b) a video game (c) designer sunglasses (d) sweets every day
12. 12.Which of these is a need? (a) a video game (b) a sticker album (c) sweets every day (d) drinking water
13. 13.🔍 Which is the odd one out? (a) a party dress (b) a sticker album (c) a school uniform (d) a third pair of shoes
14. 14.Which of these is a want? (a) a school uniform (b) a roof over your head (c) a glitter pen set (d) a warm blanket
15. 15.🛒 Need or want: a bigger TV? (a) a want (b) a need
16. 16.🛒 Need or want: a toy robot? (a) a want (b) a need
17. 17.True or false: “school shoes” is a want. (a) False (b) True
18. 18.True or false: “a roof over your head” is a want. (a) True (b) False
19. 19.Which of these is a need? (a) a third pair of shoes (b) bus fare to school (c) sweets every day (d) a toy robot
20. 20.True or false: “school shoes” is a need. (a) False (b) True
21. 21.🔍 Which is the odd one out? (a) notebooks for school (b) a warm blanket (c) soap (d) a glitter pen set
22. 22.Which of these is a need? (a) a glitter pen set (b) medicine when ill (c) a third pair of shoes (d) sweets every day
23. 23.True or false: “a fancy phone cover” is a need. (a) True (b) False
24. 24.🎯 A want can still be a good business when… (a) it breaks the rules (b) nobody likes it (c) it is not safe (d) many people want it
25. 25.🍱 A tiffin service mostly meets which? (a) a want: games (b) a want: toys (c) nothing at all (d) a need: food
26. 26.True or false: “drinking water” is a need. (a) False (b) True
27. 27.🛒 A family has little money. What should it buy first? (a) the costliest thing (b) the most fun thing (c) the wants (d) the needs
28. 28.True or false: “designer sunglasses” is a need. (a) False (b) True
29. 29.Which of these is a want? (a) a warm blanket (b) notebooks for school (c) a third pair of shoes (d) a roof over your head
30. 30.🔍 Which is the odd one out? (a) bus fare to school (b) school shoes (c) a warm blanket (d) a sticker album
31. 31.🔍 Which is the odd one out? (a) a fancy phone cover (b) drinking water (c) a third pair of shoes (d) a bigger TV
32. 32.🛍️ Why do businesses that meet needs often sell all year? (a) needs are always free (b) people always need them (c) needs are toys (d) nobody buys needs
33. 33.Which of these is a need? (a) a video game (b) a toy robot (c) school shoes (d) a glitter pen set
34. 34.Which of these is a want? (a) a roof over your head (b) soap (c) school shoes (d) a video game
35. 35.Which of these is a need? (a) designer sunglasses (b) sweets every day (c) a fancy phone cover (d) a school uniform
36. 36.True or false: “a sticker album” is a need. (a) False (b) True
37. 37.Which of these is a need? (a) notebooks for school (b) a toy robot (c) a party dress (d) a fancy phone cover
38. 38.🛒 Need or want: drinking water? (a) a want (b) a need
39. 39.🛒 Need or want: a warm blanket? (a) a need (b) a want
40. 40.🛒 Need or want: rice and dal? (a) a want (b) a need

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