Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 228 · 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 want? (a) drinking water (b) soap (c) a sticker album (d) a warm blanket
2. 2.True or false: “notebooks for school” is a want. (a) True (b) False
3. 3.🛒 Need or want: drinking water? (a) a want (b) a need
4. 4.True or false: “soap” is a want. (a) False (b) True
5. 5.🛒 Need or want: a roof over your head? (a) a need (b) a want
6. 6.True or false: “a warm blanket” is a need. (a) False (b) True
7. 7.🔍 Which is the odd one out? (a) a warm blanket (b) school shoes (c) a third pair of shoes (d) notebooks for school
8. 8.🛒 Need or want: school shoes? (a) a want (b) a need
9. 9.🛍️ Why do businesses that meet needs often sell all year? (a) needs are always free (b) nobody buys needs (c) people always need them (d) needs are toys
10. 10.Which of these is a need? (a) rice and dal (b) sweets every day (c) designer sunglasses (d) a bigger TV
11. 11.💡 A need is something… (a) nice but not needed (b) only rich people buy (c) we must have to live (d) made of plastic
12. 12.🎯 A want can still be a good business when… (a) nobody likes it (b) it is not safe (c) it breaks the rules (d) many people want it
13. 13.🛒 Need or want: a party dress? (a) a need (b) a want
14. 14.🔍 Which is the odd one out? (a) a sticker album (b) a warm blanket (c) notebooks for school (d) a roof over your head
15. 15.🔍 Which is the odd one out? (a) designer sunglasses (b) rice and dal (c) notebooks for school (d) medicine when ill
16. 16.Which of these is a want? (a) rice and dal (b) a video game (c) a warm blanket (d) a school uniform
17. 17.🔍 Which is the odd one out? (a) soap (b) a toy robot (c) medicine when ill (d) rice and dal
18. 18.Which of these is a need? (a) a video game (b) a fancy phone cover (c) sweets every day (d) bus fare to school
19. 19.🍱 A tiffin service mostly meets which? (a) a want: games (b) a want: toys (c) nothing at all (d) a need: food
20. 20.Which of these is a want? (a) drinking water (b) sweets every day (c) bus fare to school (d) school shoes
21. 21.Which of these is a need? (a) a toy robot (b) a school uniform (c) a video game (d) a sticker album
22. 22.Which of these is a need? (a) a bigger TV (b) a toy robot (c) sweets every day (d) school shoes
23. 23.☔ In the monsoon, which would sell best at a school gate? (a) woollen sweaters (b) ice lollies (c) umbrellas and raincoats (d) paper kites
24. 24.❄️ On a cold winter morning, which stall would most people want? (a) ice lollies (b) paper fans (c) hot drinks (d) water guns
25. 25.🔍 Which is the odd one out? (a) sweets every day (b) a video game (c) a third pair of shoes (d) a school uniform
26. 26.🛒 Need or want: a bigger TV? (a) a want (b) a need
27. 27.True or false: “bus fare to school” is a want. (a) True (b) False
28. 28.🔍 Which is the odd one out? (a) a fancy phone cover (b) sweets every day (c) school shoes (d) a video game
29. 29.Which of these is a want? (a) drinking water (b) notebooks for school (c) designer sunglasses (d) a warm blanket
30. 30.Which of these is a want? (a) a school uniform (b) notebooks for school (c) school shoes (d) a toy robot
31. 31.True or false: “a school uniform” is a need. (a) False (b) True
32. 32.True or false: “a roof over your head” is a need. (a) False (b) True
33. 33.True or false: “a sticker album” is a want. (a) True (b) False
34. 34.True or false: “drinking water” is a need. (a) False (b) True
35. 35.True or false: “a third pair of shoes” is a need. (a) True (b) False
36. 36.True or false: “designer sunglasses” is a want. (a) True (b) False
37. 37.Which of these is a need? (a) a glitter pen set (b) a party dress (c) a fancy phone cover (d) medicine when ill
38. 38.Which of these is a need? (a) a glitter pen set (b) drinking water (c) designer sunglasses (d) a video game
39. 39.🔍 Which is the odd one out? (a) a glitter pen set (b) medicine when ill (c) a toy robot (d) sweets every day
40. 40.True or false: “a bigger TV” is a need. (a) False (b) True

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