Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 200 · 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.True or false: “school shoes” is a want. (a) True (b) False
2. 2.True or false: “a roof over your head” is a want. (a) True (b) False
3. 3.True or false: “notebooks for school” is a want. (a) False (b) True
4. 4.🛒 Need or want: a party dress? (a) a want (b) a need
5. 5.Which of these is a need? (a) a bigger TV (b) a glitter pen set (c) a school uniform (d) sweets every day
6. 6.🛒 Need or want: a third pair of shoes? (a) a want (b) a need
7. 7.🛒 Need or want: a glitter pen set? (a) a want (b) a need
8. 8.True or false: “a warm blanket” is a need. (a) False (b) True
9. 9.💡 A need is something… (a) nice but not needed (b) only rich people buy (c) we must have to live (d) made of plastic
10. 10.🛒 Need or want: a fancy phone cover? (a) a need (b) a want
11. 11.🛒 Need or want: school shoes? (a) a need (b) a want
12. 12.🛒 Need or want: sweets every day? (a) a need (b) a want
13. 13.🔍 Which is the odd one out? (a) a roof over your head (b) a fancy phone cover (c) a bigger TV (d) a glitter pen set
14. 14.Which of these is a need? (a) a fancy phone cover (b) drinking water (c) a video game (d) sweets every day
15. 15.True or false: “a school uniform” is a want. (a) True (b) False
16. 16.🛒 Need or want: soap? (a) a want (b) a need
17. 17.🔍 Which is the odd one out? (a) soap (b) a toy robot (c) rice and dal (d) drinking water
18. 18.🔍 Which is the odd one out? (a) a sticker album (b) soap (c) bus fare to school (d) notebooks for school
19. 19.True or false: “a warm blanket” is a want. (a) True (b) False
20. 20.True or false: “rice and dal” is a need. (a) False (b) True
21. 21.True or false: “bus fare to school” is a want. (a) False (b) True
22. 22.🔍 Which is the odd one out? (a) bus fare to school (b) school shoes (c) designer sunglasses (d) medicine when ill
23. 23.Which of these is a need? (a) a third pair of shoes (b) notebooks for school (c) a bigger TV (d) a toy robot
24. 24.🔍 Which is the odd one out? (a) bus fare to school (b) a warm blanket (c) sweets every day (d) drinking water
25. 25.❄️ On a cold winter morning, which stall would most people want? (a) paper fans (b) ice lollies (c) water guns (d) hot drinks
26. 26.🛒 Need or want: medicine when ill? (a) a want (b) a need
27. 27.True or false: “medicine when ill” is a want. (a) True (b) False
28. 28.Which of these is a need? (a) designer sunglasses (b) a roof over your head (c) a toy robot (d) a video game
29. 29.🍱 A tiffin service mostly meets which? (a) a need: food (b) a want: toys (c) a want: games (d) nothing at all
30. 30.True or false: “bus fare to school” is a need. (a) True (b) False
31. 31.Which of these is a need? (a) a toy robot (b) school shoes (c) sweets every day (d) a third pair of shoes
32. 32.True or false: “a sticker album” is a need. (a) True (b) False
33. 33.🎯 A want can still be a good business when… (a) nobody likes it (b) it is not safe (c) many people want it (d) it breaks the rules
34. 34.🛒 Need or want: designer sunglasses? (a) a need (b) a want
35. 35.🛍️ Why do businesses that meet needs often sell all year? (a) needs are always free (b) people always need them (c) nobody buys needs (d) needs are toys
36. 36.Which of these is a need? (a) rice and dal (b) a toy robot (c) designer sunglasses (d) a video game
37. 37.🔍 Which is the odd one out? (a) a glitter pen set (b) a warm blanket (c) a sticker album (d) a fancy phone cover
38. 38.True or false: “sweets every day” is a need. (a) True (b) False
39. 39.🔍 Which is the odd one out? (a) rice and dal (b) a third pair of shoes (c) school shoes (d) soap
40. 40.☔ In the monsoon, which would sell best at a school gate? (a) woollen sweaters (b) paper kites (c) ice lollies (d) umbrellas and raincoats

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