Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 278 · 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.🛒 Need or want: school shoes? (a) a want (b) a need
2. 2.Which of these is a need? (a) a video game (b) drinking water (c) a glitter pen set (d) a toy robot
3. 3.💡 A need is something… (a) we must have to live (b) made of plastic (c) only rich people buy (d) nice but not needed
4. 4.True or false: “drinking water” is a need. (a) True (b) False
5. 5.🔍 Which is the odd one out? (a) a warm blanket (b) medicine when ill (c) a bigger TV (d) notebooks for school
6. 6.☔ In the monsoon, which would sell best at a school gate? (a) woollen sweaters (b) umbrellas and raincoats (c) paper kites (d) ice lollies
7. 7.🛒 Need or want: a school uniform? (a) a want (b) a need
8. 8.🛒 Need or want: a roof over your head? (a) a need (b) a want
9. 9.True or false: “a bigger TV” is a need. (a) False (b) True
10. 10.🛍️ 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
11. 11.🛒 Need or want: a fancy phone cover? (a) a want (b) a need
12. 12.🔍 Which is the odd one out? (a) a party dress (b) a roof over your head (c) medicine when ill (d) notebooks for school
13. 13.Which of these is a need? (a) designer sunglasses (b) a glitter pen set (c) soap (d) a bigger TV
14. 14.🔍 Which is the odd one out? (a) a warm blanket (b) designer sunglasses (c) a sticker album (d) a bigger TV
15. 15.🛒 Need or want: a third pair of shoes? (a) a need (b) a want
16. 16.True or false: “a bigger TV” is a want. (a) True (b) False
17. 17.🛒 Need or want: a party dress? (a) a want (b) a need
18. 18.🛒 Need or want: bus fare to school? (a) a need (b) a want
19. 19.True or false: “designer sunglasses” is a want. (a) False (b) True
20. 20.Which of these is a need? (a) medicine when ill (b) a sticker album (c) sweets every day (d) a video game
21. 21.Which of these is a need? (a) a video game (b) designer sunglasses (c) a party dress (d) bus fare to school
22. 22.🛒 A family has little money. What should it buy first? (a) the most fun thing (b) the wants (c) the costliest thing (d) the needs
23. 23.🎯 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
24. 24.Which of these is a want? (a) a warm blanket (b) soap (c) designer sunglasses (d) bus fare to school
25. 25.True or false: “bus fare to school” is a want. (a) False (b) True
26. 26.🍱 A tiffin service mostly meets which? (a) a want: games (b) a want: toys (c) nothing at all (d) a need: food
27. 27.🛒 Need or want: designer sunglasses? (a) a need (b) a want
28. 28.Which of these is a want? (a) rice and dal (b) notebooks for school (c) school shoes (d) a sticker album
29. 29.🔍 Which is the odd one out? (a) rice and dal (b) drinking water (c) school shoes (d) a video game
30. 30.❄️ On a cold winter morning, which stall would most people want? (a) hot drinks (b) paper fans (c) water guns (d) ice lollies
31. 31.Which of these is a need? (a) a toy robot (b) a bigger TV (c) notebooks for school (d) a party dress
32. 32.True or false: “school shoes” is a want. (a) False (b) True
33. 33.🔍 Which is the odd one out? (a) a roof over your head (b) a third pair of shoes (c) sweets every day (d) a fancy phone cover
34. 34.True or false: “a school uniform” is a need. (a) True (b) False
35. 35.🔍 Which is the odd one out? (a) a bigger TV (b) a sticker album (c) notebooks for school (d) a third pair of shoes
36. 36.🛒 Need or want: rice and dal? (a) a want (b) a need
37. 37.🛒 Need or want: a bigger TV? (a) a need (b) a want
38. 38.Which of these is a want? (a) a bigger TV (b) school shoes (c) bus fare to school (d) soap
39. 39.True or false: “rice and dal” is a need. (a) True (b) False
40. 40.🛒 Need or want: a glitter pen set? (a) a need (b) a want

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