Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 300 · 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: designer sunglasses? (a) a need (b) a want
2. 2.Which of these is a need? (a) sweets every day (b) a party dress (c) a third pair of shoes (d) school shoes
3. 3.🔍 Which is the odd one out? (a) a bigger TV (b) a glitter pen set (c) school shoes (d) a third pair of shoes
4. 4.🔍 Which is the odd one out? (a) a third pair of shoes (b) a warm blanket (c) school shoes (d) bus fare to school
5. 5.🛒 A family has little money. What should it buy first? (a) the wants (b) the needs (c) the costliest thing (d) the most fun thing
6. 6.🍱 A tiffin service mostly meets which? (a) a want: games (b) a need: food (c) nothing at all (d) a want: toys
7. 7.True or false: “notebooks for school” is a want. (a) False (b) True
8. 8.True or false: “a bigger TV” is a need. (a) True (b) False
9. 9.🔍 Which is the odd one out? (a) a third pair of shoes (b) a sticker album (c) rice and dal (d) a glitter pen set
10. 10.🔍 Which is the odd one out? (a) notebooks for school (b) a video game (c) a warm blanket (d) drinking water
11. 11.Which of these is a want? (a) a warm blanket (b) a roof over your head (c) notebooks for school (d) a bigger TV
12. 12.🔍 Which is the odd one out? (a) a video game (b) designer sunglasses (c) soap (d) a sticker album
13. 13.True or false: “rice and dal” is a want. (a) False (b) True
14. 14.Which of these is a need? (a) a glitter pen set (b) a bigger TV (c) a toy robot (d) a school uniform
15. 15.🛒 Need or want: a fancy phone cover? (a) a need (b) a want
16. 16.True or false: “medicine when ill” is a need. (a) True (b) False
17. 17.Which of these is a want? (a) a third pair of shoes (b) rice and dal (c) a roof over your head (d) school shoes
18. 18.🛒 Need or want: bus fare to school? (a) a want (b) a need
19. 19.True or false: “a sticker album” is a need. (a) False (b) True
20. 20.💡 A need is something… (a) nice but not needed (b) only rich people buy (c) made of plastic (d) we must have to live
21. 21.🛒 Need or want: drinking water? (a) a need (b) a want
22. 22.🛒 Need or want: soap? (a) a want (b) a need
23. 23.🔍 Which is the odd one out? (a) a toy robot (b) drinking water (c) a glitter pen set (d) a bigger TV
24. 24.🛍️ Why do businesses that meet needs often sell all year? (a) nobody buys needs (b) people always need them (c) needs are toys (d) needs are always free
25. 25.❄️ On a cold winter morning, which stall would most people want? (a) paper fans (b) ice lollies (c) water guns (d) hot drinks
26. 26.True or false: “drinking water” is a want. (a) False (b) True
27. 27.True or false: “a party dress” is a need. (a) True (b) False
28. 28.Which of these is a need? (a) a video game (b) a party dress (c) a warm blanket (d) a bigger TV
29. 29.Which of these is a want? (a) a warm blanket (b) notebooks for school (c) a sticker album (d) medicine when ill
30. 30.🎯 A want can still be a good business when… (a) many people want it (b) it is not safe (c) it breaks the rules (d) nobody likes it
31. 31.True or false: “drinking water” is a need. (a) True (b) False
32. 32.🛒 Need or want: a sticker album? (a) a want (b) a need
33. 33.☔ In the monsoon, which would sell best at a school gate? (a) umbrellas and raincoats (b) paper kites (c) ice lollies (d) woollen sweaters
34. 34.Which of these is a want? (a) drinking water (b) designer sunglasses (c) rice and dal (d) school shoes
35. 35.Which of these is a need? (a) a sticker album (b) sweets every day (c) drinking water (d) a fancy phone cover
36. 36.🛒 Need or want: a warm blanket? (a) a need (b) a want
37. 37.True or false: “medicine when ill” is a want. (a) True (b) False
38. 38.🔍 Which is the odd one out? (a) bus fare to school (b) a bigger TV (c) a party dress (d) a glitter pen set
39. 39.🛒 Need or want: a party dress? (a) a need (b) a want
40. 40.True or false: “soap” is a want. (a) True (b) False

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