Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 311 · 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 is the odd one out? (a) a toy robot (b) medicine when ill (c) sweets every day (d) designer sunglasses
2. 2.🔍 Which is the odd one out? (a) school shoes (b) a sticker album (c) a video game (d) designer sunglasses
3. 3.🛒 Need or want: a toy robot? (a) a need (b) a want
4. 4.Which of these is a need? (a) a glitter pen set (b) a bigger TV (c) a sticker album (d) rice and dal
5. 5.☔ In the monsoon, which would sell best at a school gate? (a) woollen sweaters (b) paper kites (c) ice lollies (d) umbrellas and raincoats
6. 6.🛒 Need or want: a warm blanket? (a) a need (b) a want
7. 7.True or false: “rice and dal” is a want. (a) True (b) False
8. 8.Which of these is a need? (a) a fancy phone cover (b) school shoes (c) a sticker album (d) sweets every day
9. 9.Which of these is a need? (a) a video game (b) a fancy phone cover (c) notebooks for school (d) a sticker album
10. 10.💡 A need is something… (a) nice but not needed (b) made of plastic (c) we must have to live (d) only rich people buy
11. 11.🍱 A tiffin service mostly meets which? (a) a want: toys (b) a want: games (c) nothing at all (d) a need: food
12. 12.🔍 Which is the odd one out? (a) a toy robot (b) a warm blanket (c) a video game (d) designer sunglasses
13. 13.True or false: “soap” is a need. (a) False (b) True
14. 14.🛍️ Why do businesses that meet needs often sell all year? (a) needs are always free (b) people always need them (c) nobody buys needs (d) needs are toys
15. 15.True or false: “a warm blanket” is a need. (a) False (b) True
16. 16.Which of these is a want? (a) a warm blanket (b) a glitter pen set (c) drinking water (d) a school uniform
17. 17.Which of these is a want? (a) drinking water (b) designer sunglasses (c) rice and dal (d) a roof over your head
18. 18.🛒 A family has little money. What should it buy first? (a) the costliest thing (b) the most fun thing (c) the needs (d) the wants
19. 19.True or false: “a roof over your head” is a need. (a) True (b) False
20. 20.🛒 Need or want: sweets every day? (a) a want (b) a need
21. 21.❄️ On a cold winter morning, which stall would most people want? (a) water guns (b) paper fans (c) hot drinks (d) ice lollies
22. 22.🛒 Need or want: a party dress? (a) a want (b) a need
23. 23.🛒 Need or want: school shoes? (a) a want (b) a need
24. 24.Which of these is a want? (a) a roof over your head (b) a bigger TV (c) rice and dal (d) school shoes
25. 25.True or false: “soap” is a want. (a) False (b) True
26. 26.True or false: “a school uniform” is a need. (a) False (b) True
27. 27.Which of these is a need? (a) a video game (b) a toy robot (c) medicine when ill (d) designer sunglasses
28. 28.🛒 Need or want: a school uniform? (a) a need (b) a want
29. 29.True or false: “bus fare to school” is a need. (a) True (b) False
30. 30.True or false: “school shoes” is a want. (a) False (b) True
31. 31.🛒 Need or want: a glitter pen set? (a) a need (b) a want
32. 32.🔍 Which is the odd one out? (a) a video game (b) a warm blanket (c) medicine when ill (d) school shoes
33. 33.🛒 Need or want: a bigger TV? (a) a need (b) a want
34. 34.🎯 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
35. 35.True or false: “a video game” is a want. (a) True (b) False
36. 36.Which of these is a need? (a) a party dress (b) a bigger TV (c) a warm blanket (d) a third pair of shoes
37. 37.🛒 Need or want: medicine when ill? (a) a want (b) a need
38. 38.Which of these is a want? (a) soap (b) drinking water (c) a roof over your head (d) a toy robot
39. 39.🔍 Which is the odd one out? (a) a fancy phone cover (b) a glitter pen set (c) a party dress (d) notebooks for school
40. 40.True or false: “a toy robot” is a want. (a) True (b) False

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