Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 195 · 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 party dress (b) a fancy phone cover (c) rice and dal (d) a sticker album
2. 2.Which of these is a want? (a) a school uniform (b) a glitter pen set (c) notebooks for school (d) a warm blanket
3. 3.🔍 Which is the odd one out? (a) a video game (b) designer sunglasses (c) a warm blanket (d) a sticker album
4. 4.🔍 Which is the odd one out? (a) a school uniform (b) a video game (c) rice and dal (d) a warm blanket
5. 5.Which of these is a want? (a) medicine when ill (b) a third pair of shoes (c) a roof over your head (d) bus fare to school
6. 6.🛍️ 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
7. 7.True or false: “notebooks for school” is a need. (a) False (b) True
8. 8.🛒 Need or want: drinking water? (a) a need (b) a want
9. 9.🔍 Which is the odd one out? (a) sweets every day (b) a warm blanket (c) soap (d) drinking water
10. 10.🔍 Which is the odd one out? (a) a fancy phone cover (b) designer sunglasses (c) sweets every day (d) school shoes
11. 11.🔍 Which is the odd one out? (a) notebooks for school (b) a glitter pen set (c) a third pair of shoes (d) a party dress
12. 12.🛒 Need or want: designer sunglasses? (a) a want (b) a need
13. 13.🎯 A want can still be a good business when… (a) it is not safe (b) nobody likes it (c) many people want it (d) it breaks the rules
14. 14.❄️ On a cold winter morning, which stall would most people want? (a) ice lollies (b) hot drinks (c) water guns (d) paper fans
15. 15.Which of these is a need? (a) a sticker album (b) drinking water (c) a glitter pen set (d) a third pair of shoes
16. 16.💡 A need is something… (a) only rich people buy (b) made of plastic (c) nice but not needed (d) we must have to live
17. 17.True or false: “a toy robot” is a need. (a) False (b) True
18. 18.🛒 Need or want: a toy robot? (a) a want (b) a need
19. 19.🛒 Need or want: notebooks for school? (a) a want (b) a need
20. 20.True or false: “school shoes” is a need. (a) True (b) False
21. 21.🛒 Need or want: bus fare to school? (a) a want (b) a need
22. 22.True or false: “a school uniform” is a need. (a) False (b) True
23. 23.True or false: “a glitter pen set” is a need. (a) True (b) False
24. 24.Which of these is a want? (a) a warm blanket (b) a roof over your head (c) notebooks for school (d) a sticker album
25. 25.Which of these is a need? (a) a party dress (b) a third pair of shoes (c) a roof over your head (d) a video game
26. 26.True or false: “drinking water” is a need. (a) False (b) True
27. 27.🔍 Which is the odd one out? (a) a bigger TV (b) drinking water (c) a school uniform (d) school shoes
28. 28.True or false: “a roof over your head” is a need. (a) False (b) True
29. 29.Which of these is a need? (a) a fancy phone cover (b) notebooks for school (c) designer sunglasses (d) a sticker album
30. 30.🔍 Which is the odd one out? (a) a third pair of shoes (b) soap (c) drinking water (d) notebooks for school
31. 31.Which of these is a want? (a) designer sunglasses (b) a school uniform (c) a roof over your head (d) school shoes
32. 32.True or false: “a third pair of shoes” is a need. (a) False (b) True
33. 33.🛒 Need or want: a roof over your head? (a) a need (b) a want
34. 34.🛒 Need or want: a fancy phone cover? (a) a want (b) a need
35. 35.🔍 Which is the odd one out? (a) a school uniform (b) a bigger TV (c) a toy robot (d) a third pair of shoes
36. 36.🔍 Which is the odd one out? (a) a bigger TV (b) a third pair of shoes (c) medicine when ill (d) sweets every day
37. 37.🛒 A family has little money. What should it buy first? (a) the costliest thing (b) the wants (c) the needs (d) the most fun thing
38. 38.☔ In the monsoon, which would sell best at a school gate? (a) paper kites (b) ice lollies (c) woollen sweaters (d) umbrellas and raincoats
39. 39.True or false: “a sticker album” is a want. (a) True (b) False
40. 40.🛒 Need or want: school shoes? (a) a want (b) a need

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