Entrepreneurship for Kids Worksheet: Needs and Wants

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

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