Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 306 · 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.Which of these is a need? (a) a video game (b) designer sunglasses (c) rice and dal (d) a sticker album
2. 2.🛒 Need or want: school shoes? (a) a want (b) a need
3. 3.☔ In the monsoon, which would sell best at a school gate? (a) umbrellas and raincoats (b) paper kites (c) woollen sweaters (d) ice lollies
4. 4.Which of these is a want? (a) medicine when ill (b) drinking water (c) school shoes (d) a fancy phone cover
5. 5.🛒 Need or want: soap? (a) a need (b) a want
6. 6.🛒 Need or want: a sticker album? (a) a need (b) a want
7. 7.Which of these is a want? (a) soap (b) a glitter pen set (c) medicine when ill (d) a warm blanket
8. 8.Which of these is a want? (a) a school uniform (b) designer sunglasses (c) soap (d) medicine when ill
9. 9.True or false: “a school uniform” is a need. (a) False (b) True
10. 10.🛒 Need or want: a toy robot? (a) a need (b) a want
11. 11.True or false: “soap” is a want. (a) False (b) True
12. 12.Which of these is a need? (a) a glitter pen set (b) sweets every day (c) designer sunglasses (d) soap
13. 13.🔍 Which is the odd one out? (a) sweets every day (b) a third pair of shoes (c) bus fare to school (d) a bigger TV
14. 14.🔍 Which is the odd one out? (a) a sticker album (b) drinking water (c) soap (d) bus fare to school
15. 15.💡 A need is something… (a) made of plastic (b) only rich people buy (c) nice but not needed (d) we must have to live
16. 16.Which of these is a need? (a) sweets every day (b) a fancy phone cover (c) a glitter pen set (d) notebooks for school
17. 17.🛍️ Why do businesses that meet needs often sell all year? (a) needs are always free (b) needs are toys (c) people always need them (d) nobody buys needs
18. 18.True or false: “a roof over your head” is a need. (a) False (b) True
19. 19.🛒 Need or want: rice and dal? (a) a need (b) a want
20. 20.🛒 A family has little money. What should it buy first? (a) the wants (b) the needs (c) the most fun thing (d) the costliest thing
21. 21.🔍 Which is the odd one out? (a) a party dress (b) a bigger TV (c) a toy robot (d) soap
22. 22.🎯 A want can still be a good business when… (a) it is not safe (b) it breaks the rules (c) many people want it (d) nobody likes it
23. 23.🍱 A tiffin service mostly meets which? (a) a want: games (b) nothing at all (c) a need: food (d) a want: toys
24. 24.🛒 Need or want: a party dress? (a) a need (b) a want
25. 25.True or false: “a video game” is a need. (a) True (b) False
26. 26.True or false: “sweets every day” is a need. (a) False (b) True
27. 27.True or false: “a toy robot” is a need. (a) True (b) False
28. 28.True or false: “a roof over your head” is a want. (a) True (b) False
29. 29.Which of these is a want? (a) drinking water (b) medicine when ill (c) a school uniform (d) a bigger TV
30. 30.🛒 Need or want: a glitter pen set? (a) a need (b) a want
31. 31.True or false: “bus fare to school” is a want. (a) False (b) True
32. 32.True or false: “school shoes” is a need. (a) True (b) False
33. 33.🛒 Need or want: sweets every day? (a) a want (b) a need
34. 34.🔍 Which is the odd one out? (a) a fancy phone cover (b) a bigger TV (c) designer sunglasses (d) notebooks for school
35. 35.🔍 Which is the odd one out? (a) medicine when ill (b) a toy robot (c) designer sunglasses (d) a video game
36. 36.True or false: “a fancy phone cover” is a want. (a) False (b) True
37. 37.🔍 Which is the odd one out? (a) a warm blanket (b) soap (c) sweets every day (d) rice and dal
38. 38.🛒 Need or want: a video game? (a) a want (b) a need
39. 39.Which of these is a need? (a) bus fare to school (b) a party dress (c) a fancy phone cover (d) a third pair of shoes
40. 40.Which of these is a need? (a) a warm blanket (b) a sticker album (c) designer sunglasses (d) a third pair of shoes

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