Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 214 · 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) False (b) True
2. 2.True or false: “medicine when ill” is a want. (a) False (b) True
3. 3.🛒 Need or want: a third pair of shoes? (a) a want (b) a need
4. 4.🎯 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
5. 5.True or false: “drinking water” is a need. (a) False (b) True
6. 6.True or false: “a fancy phone cover” is a need. (a) False (b) True
7. 7.🛒 Need or want: designer sunglasses? (a) a need (b) a want
8. 8.True or false: “sweets every day” is a need. (a) False (b) True
9. 9.❄️ On a cold winter morning, which stall would most people want? (a) ice lollies (b) hot drinks (c) paper fans (d) water guns
10. 10.🔍 Which is the odd one out? (a) a roof over your head (b) school shoes (c) bus fare to school (d) a fancy phone cover
11. 11.True or false: “a warm blanket” is a need. (a) False (b) True
12. 12.🔍 Which is the odd one out? (a) rice and dal (b) a third pair of shoes (c) designer sunglasses (d) a bigger TV
13. 13.🍱 A tiffin service mostly meets which? (a) a want: toys (b) a want: games (c) nothing at all (d) a need: food
14. 14.True or false: “rice and dal” is a want. (a) True (b) False
15. 15.🔍 Which is the odd one out? (a) a roof over your head (b) a school uniform (c) sweets every day (d) a warm blanket
16. 16.Which of these is a want? (a) a school uniform (b) rice and dal (c) school shoes (d) a toy robot
17. 17.True or false: “a third pair of shoes” is a want. (a) True (b) False
18. 18.True or false: “a toy robot” is a need. (a) False (b) True
19. 19.Which of these is a want? (a) bus fare to school (b) school shoes (c) a warm blanket (d) a party dress
20. 20.Which of these is a need? (a) a bigger TV (b) a school uniform (c) a third pair of shoes (d) designer sunglasses
21. 21.Which of these is a want? (a) notebooks for school (b) a glitter pen set (c) soap (d) school shoes
22. 22.🔍 Which is the odd one out? (a) sweets every day (b) a bigger TV (c) a warm blanket (d) a video game
23. 23.🔍 Which is the odd one out? (a) a fancy phone cover (b) medicine when ill (c) a bigger TV (d) a party dress
24. 24.☔ In the monsoon, which would sell best at a school gate? (a) ice lollies (b) woollen sweaters (c) paper kites (d) umbrellas and raincoats
25. 25.🔍 Which is the odd one out? (a) school shoes (b) notebooks for school (c) rice and dal (d) a third pair of shoes
26. 26.🛒 A family has little money. What should it buy first? (a) the costliest thing (b) the wants (c) the most fun thing (d) the needs
27. 27.🛒 Need or want: sweets every day? (a) a need (b) a want
28. 28.🔍 Which is the odd one out? (a) a party dress (b) a toy robot (c) soap (d) a fancy phone cover
29. 29.🔍 Which is the odd one out? (a) a toy robot (b) sweets every day (c) a party dress (d) a school uniform
30. 30.True or false: “a party dress” is a need. (a) True (b) False
31. 31.🛒 Need or want: rice and dal? (a) a need (b) a want
32. 32.💡 A need is something… (a) made of plastic (b) only rich people buy (c) we must have to live (d) nice but not needed
33. 33.🔍 Which is the odd one out? (a) designer sunglasses (b) a warm blanket (c) drinking water (d) a roof over your head
34. 34.🛒 Need or want: drinking water? (a) a need (b) a want
35. 35.🔍 Which is the odd one out? (a) drinking water (b) a school uniform (c) a video game (d) school shoes
36. 36.🔍 Which is the odd one out? (a) drinking water (b) a party dress (c) notebooks for school (d) a warm blanket
37. 37.True or false: “a toy robot” is a want. (a) True (b) False
38. 38.True or false: “a school uniform” is a need. (a) True (b) False
39. 39.🛍️ Why do businesses that meet needs often sell all year? (a) nobody buys needs (b) needs are always free (c) people always need them (d) needs are toys
40. 40.Which of these is a need? (a) a roof over your head (b) a bigger TV (c) a third pair of shoes (d) designer sunglasses

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