Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 304 · 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 bigger TV? (a) a want (b) a need
2. 2.Which of these is a want? (a) a school uniform (b) a sticker album (c) a warm blanket (d) drinking water
3. 3.🛒 Need or want: a fancy phone cover? (a) a want (b) a need
4. 4.🛒 Need or want: notebooks for school? (a) a want (b) a need
5. 5.🛒 A family has little money. What should it buy first? (a) the most fun thing (b) the needs (c) the wants (d) the costliest thing
6. 6.🛒 Need or want: rice and dal? (a) a need (b) a want
7. 7.🔍 Which is the odd one out? (a) medicine when ill (b) drinking water (c) a school uniform (d) a fancy phone cover
8. 8.☔ In the monsoon, which would sell best at a school gate? (a) ice lollies (b) woollen sweaters (c) umbrellas and raincoats (d) paper kites
9. 9.🎯 A want can still be a good business when… (a) many people want it (b) it is not safe (c) nobody likes it (d) it breaks the rules
10. 10.💡 A need is something… (a) only rich people buy (b) made of plastic (c) we must have to live (d) nice but not needed
11. 11.True or false: “a video game” is a need. (a) False (b) True
12. 12.Which of these is a need? (a) a fancy phone cover (b) a glitter pen set (c) a warm blanket (d) sweets every day
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.🛒 Need or want: school shoes? (a) a need (b) a want
15. 15.🔍 Which is the odd one out? (a) medicine when ill (b) designer sunglasses (c) a video game (d) a bigger TV
16. 16.🛒 Need or want: a third pair of shoes? (a) a need (b) a want
17. 17.Which of these is a need? (a) a video game (b) a third pair of shoes (c) notebooks for school (d) a fancy phone cover
18. 18.Which of these is a need? (a) a video game (b) sweets every day (c) school shoes (d) a third pair of shoes
19. 19.🔍 Which is the odd one out? (a) drinking water (b) a roof over your head (c) school shoes (d) a video game
20. 20.Which of these is a need? (a) a party dress (b) designer sunglasses (c) a fancy phone cover (d) soap
21. 21.True or false: “a third pair of shoes” is a need. (a) False (b) True
22. 22.🛒 Need or want: a glitter pen set? (a) a need (b) a want
23. 23.True or false: “school shoes” is a want. (a) False (b) True
24. 24.Which of these is a want? (a) rice and dal (b) school shoes (c) a school uniform (d) a glitter pen set
25. 25.🔍 Which is the odd one out? (a) designer sunglasses (b) a glitter pen set (c) a fancy phone cover (d) a warm blanket
26. 26.🔍 Which is the odd one out? (a) a fancy phone cover (b) a party dress (c) a school uniform (d) a glitter pen set
27. 27.🍱 A tiffin service mostly meets which? (a) a want: games (b) a need: food (c) nothing at all (d) a want: toys
28. 28.🔍 Which is the odd one out? (a) a school uniform (b) a glitter pen set (c) notebooks for school (d) rice and dal
29. 29.Which of these is a need? (a) a school uniform (b) designer sunglasses (c) a third pair of shoes (d) a glitter pen set
30. 30.🔍 Which is the odd one out? (a) a third pair of shoes (b) school shoes (c) a glitter pen set (d) designer sunglasses
31. 31.True or false: “notebooks for school” is a need. (a) True (b) False
32. 32.🛒 Need or want: a party dress? (a) a need (b) a want
33. 33.True or false: “a bigger TV” is a want. (a) True (b) False
34. 34.Which of these is a want? (a) drinking water (b) a roof over your head (c) a school uniform (d) sweets every day
35. 35.True or false: “sweets every day” is a need. (a) True (b) False
36. 36.🛒 Need or want: bus fare to school? (a) a need (b) a want
37. 37.True or false: “medicine when ill” is a need. (a) True (b) False
38. 38.🛍️ Why do businesses that meet needs often sell all year? (a) nobody buys needs (b) needs are always free (c) people always need them (d) needs are toys
39. 39.Which of these is a want? (a) a party dress (b) a roof over your head (c) medicine when ill (d) school shoes
40. 40.🛒 Need or want: medicine when ill? (a) a want (b) a need

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