Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 286 · 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.☔ In the monsoon, which would sell best at a school gate? (a) woollen sweaters (b) umbrellas and raincoats (c) ice lollies (d) paper kites
2. 2.🔍 Which is the odd one out? (a) a roof over your head (b) school shoes (c) medicine when ill (d) a video game
3. 3.🔍 Which is the odd one out? (a) sweets every day (b) drinking water (c) a sticker album (d) a video game
4. 4.True or false: “a school uniform” is a want. (a) True (b) False
5. 5.Which of these is a want? (a) soap (b) rice and dal (c) drinking water (d) a bigger TV
6. 6.Which of these is a need? (a) bus fare to school (b) a bigger TV (c) a fancy phone cover (d) a toy robot
7. 7.True or false: “a warm blanket” is a want. (a) True (b) False
8. 8.🛒 Need or want: a warm blanket? (a) a need (b) a want
9. 9.True or false: “sweets every day” is a want. (a) False (b) True
10. 10.🛒 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
11. 11.🛍️ Why do businesses that meet needs often sell all year? (a) needs are always free (b) needs are toys (c) nobody buys needs (d) people always need them
12. 12.🔍 Which is the odd one out? (a) a video game (b) sweets every day (c) designer sunglasses (d) medicine when ill
13. 13.Which of these is a want? (a) rice and dal (b) a school uniform (c) a video game (d) a roof over your head
14. 14.True or false: “notebooks for school” is a need. (a) True (b) False
15. 15.🔍 Which is the odd one out? (a) a video game (b) a bigger TV (c) school shoes (d) designer sunglasses
16. 16.True or false: “a roof over your head” is a want. (a) False (b) True
17. 17.True or false: “a toy robot” is a need. (a) True (b) False
18. 18.🛒 Need or want: sweets every day? (a) a want (b) a need
19. 19.True or false: “bus fare to school” is a want. (a) True (b) False
20. 20.🔍 Which is the odd one out? (a) bus fare to school (b) a roof over your head (c) a sticker album (d) rice and dal
21. 21.Which of these is a need? (a) a glitter pen set (b) a fancy phone cover (c) medicine when ill (d) a sticker album
22. 22.❄️ On a cold winter morning, which stall would most people want? (a) ice lollies (b) paper fans (c) hot drinks (d) water guns
23. 23.Which of these is a need? (a) notebooks for school (b) a fancy phone cover (c) sweets every day (d) a third pair of shoes
24. 24.True or false: “a fancy phone cover” is a need. (a) True (b) False
25. 25.🔍 Which is the odd one out? (a) drinking water (b) a roof over your head (c) rice and dal (d) a fancy phone cover
26. 26.🎯 A want can still be a good business when… (a) it breaks the rules (b) nobody likes it (c) it is not safe (d) many people want it
27. 27.Which of these is a want? (a) sweets every day (b) rice and dal (c) soap (d) notebooks for school
28. 28.🔍 Which is the odd one out? (a) a fancy phone cover (b) a roof over your head (c) a video game (d) sweets every day
29. 29.🛒 Need or want: soap? (a) a want (b) a need
30. 30.True or false: “a toy robot” is a want. (a) False (b) True
31. 31.Which of these is a need? (a) a fancy phone cover (b) a glitter pen set (c) a third pair of shoes (d) a warm blanket
32. 32.🛒 Need or want: a party dress? (a) a want (b) a need
33. 33.Which of these is a want? (a) notebooks for school (b) a warm blanket (c) school shoes (d) a third pair of shoes
34. 34.True or false: “a sticker album” is a need. (a) False (b) True
35. 35.True or false: “designer sunglasses” is a need. (a) True (b) False
36. 36.True or false: “a video game” is a need. (a) True (b) False
37. 37.Which of these is a want? (a) bus fare to school (b) a glitter pen set (c) school shoes (d) a warm blanket
38. 38.🛒 Need or want: bus fare to school? (a) a want (b) a need
39. 39.True or false: “bus fare to school” is a need. (a) True (b) False
40. 40.🛒 Need or want: a bigger TV? (a) a want (b) a need

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