Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 315 · 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 want (b) a need
2. 2.Which of these is a want? (a) notebooks for school (b) drinking water (c) a video game (d) school shoes
3. 3.Which of these is a need? (a) a warm blanket (b) a video game (c) a toy robot (d) a fancy phone cover
4. 4.🔍 Which is the odd one out? (a) medicine when ill (b) a sticker album (c) a video game (d) a third pair of shoes
5. 5.Which of these is a need? (a) a sticker album (b) a party dress (c) a bigger TV (d) soap
6. 6.🛒 A family has little money. What should it buy first? (a) the most fun thing (b) the needs (c) the costliest thing (d) the wants
7. 7.True or false: “a warm blanket” is a want. (a) False (b) True
8. 8.True or false: “rice and dal” is a want. (a) False (b) True
9. 9.🛒 Need or want: a warm blanket? (a) a want (b) a need
10. 10.🛒 Need or want: a toy robot? (a) a want (b) a need
11. 11.🔍 Which is the odd one out? (a) school shoes (b) a roof over your head (c) a bigger TV (d) medicine when ill
12. 12.❄️ On a cold winter morning, which stall would most people want? (a) hot drinks (b) water guns (c) paper fans (d) ice lollies
13. 13.True or false: “school shoes” is a want. (a) True (b) False
14. 14.Which of these is a need? (a) designer sunglasses (b) a bigger TV (c) a third pair of shoes (d) bus fare to school
15. 15.🛒 Need or want: drinking water? (a) a need (b) a want
16. 16.🎯 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
17. 17.🛒 Need or want: medicine when ill? (a) a need (b) a want
18. 18.True or false: “medicine when ill” is a want. (a) True (b) False
19. 19.Which of these is a want? (a) drinking water (b) a sticker album (c) rice and dal (d) bus fare to school
20. 20.True or false: “bus fare to school” is a want. (a) False (b) True
21. 21.True or false: “a school uniform” is a need. (a) True (b) False
22. 22.Which of these is a want? (a) a roof over your head (b) a warm blanket (c) school shoes (d) a bigger TV
23. 23.🔍 Which is the odd one out? (a) a third pair of shoes (b) a bigger TV (c) a toy robot (d) soap
24. 24.☔ In the monsoon, which would sell best at a school gate? (a) woollen sweaters (b) umbrellas and raincoats (c) ice lollies (d) paper kites
25. 25.🛒 Need or want: a roof over your head? (a) a need (b) a want
26. 26.Which of these is a want? (a) school shoes (b) a warm blanket (c) drinking water (d) a glitter pen set
27. 27.🔍 Which is the odd one out? (a) bus fare to school (b) a fancy phone cover (c) a party dress (d) designer sunglasses
28. 28.Which of these is a need? (a) a party dress (b) a third pair of shoes (c) medicine when ill (d) a toy robot
29. 29.True or false: “drinking water” is a want. (a) True (b) False
30. 30.🔍 Which is the odd one out? (a) a video game (b) a sticker album (c) school shoes (d) sweets every day
31. 31.🔍 Which is the odd one out? (a) soap (b) a video game (c) a warm blanket (d) a school uniform
32. 32.🔍 Which is the odd one out? (a) medicine when ill (b) school shoes (c) a school uniform (d) sweets every day
33. 33.🍱 A tiffin service mostly meets which? (a) nothing at all (b) a want: games (c) a want: toys (d) a need: food
34. 34.Which of these is a need? (a) a fancy phone cover (b) a glitter pen set (c) rice and dal (d) designer sunglasses
35. 35.True or false: “a toy robot” is a need. (a) False (b) True
36. 36.Which of these is a want? (a) drinking water (b) bus fare to school (c) rice and dal (d) a third pair of shoes
37. 37.💡 A need is something… (a) nice but not needed (b) made of plastic (c) only rich people buy (d) we must have to live
38. 38.🔍 Which is the odd one out? (a) a video game (b) designer sunglasses (c) a warm blanket (d) a toy robot
39. 39.Which of these is a need? (a) a bigger TV (b) a sticker album (c) school shoes (d) a video game
40. 40.🛍️ Why do businesses that meet needs often sell all year? (a) nobody buys needs (b) needs are always free (c) needs are toys (d) people always need them

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