Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 316 · 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: notebooks for school? (a) a want (b) a need
2. 2.True or false: “a roof over your head” is a need. (a) False (b) True
3. 3.True or false: “a glitter pen set” is a need. (a) True (b) False
4. 4.True or false: “notebooks for school” is a need. (a) True (b) False
5. 5.True or false: “a glitter pen set” is a want. (a) False (b) True
6. 6.Which of these is a want? (a) bus fare to school (b) school shoes (c) drinking water (d) a sticker album
7. 7.Which of these is a need? (a) a warm blanket (b) a fancy phone cover (c) a sticker album (d) a video game
8. 8.Which of these is a want? (a) drinking water (b) medicine when ill (c) a bigger TV (d) a school uniform
9. 9.🛒 Need or want: a toy robot? (a) a want (b) a need
10. 10.❄️ On a cold winter morning, which stall would most people want? (a) water guns (b) paper fans (c) hot drinks (d) ice lollies
11. 11.☔ In the monsoon, which would sell best at a school gate? (a) ice lollies (b) woollen sweaters (c) umbrellas and raincoats (d) paper kites
12. 12.🛒 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
13. 13.True or false: “a toy robot” is a want. (a) False (b) True
14. 14.True or false: “a warm blanket” is a need. (a) True (b) False
15. 15.True or false: “a fancy phone cover” is a need. (a) False (b) True
16. 16.🛒 Need or want: medicine when ill? (a) a want (b) a need
17. 17.🛒 Need or want: rice and dal? (a) a want (b) a need
18. 18.🔍 Which is the odd one out? (a) a glitter pen set (b) a video game (c) school shoes (d) a party dress
19. 19.💡 A need is something… (a) made of plastic (b) we must have to live (c) only rich people buy (d) nice but not needed
20. 20.Which of these is a want? (a) notebooks for school (b) drinking water (c) a toy robot (d) school shoes
21. 21.🔍 Which is the odd one out? (a) a third pair of shoes (b) a video game (c) medicine when ill (d) a bigger TV
22. 22.🔍 Which is the odd one out? (a) school shoes (b) a school uniform (c) medicine when ill (d) a bigger TV
23. 23.🛒 Need or want: a sticker album? (a) a want (b) a need
24. 24.🛒 Need or want: a school uniform? (a) a need (b) a want
25. 25.True or false: “a warm blanket” is a want. (a) True (b) False
26. 26.🛍️ Why do businesses that meet needs often sell all year? (a) people always need them (b) needs are always free (c) nobody buys needs (d) needs are toys
27. 27.Which of these is a want? (a) notebooks for school (b) drinking water (c) a roof over your head (d) a party dress
28. 28.🔍 Which is the odd one out? (a) a sticker album (b) a school uniform (c) a bigger TV (d) designer sunglasses
29. 29.🍱 A tiffin service mostly meets which? (a) a want: games (b) a need: food (c) a want: toys (d) nothing at all
30. 30.🔍 Which is the odd one out? (a) drinking water (b) a sticker album (c) a bigger TV (d) sweets every day
31. 31.True or false: “a toy robot” is a need. (a) True (b) False
32. 32.Which of these is a want? (a) soap (b) notebooks for school (c) a warm blanket (d) a video game
33. 33.🛒 Need or want: a glitter pen set? (a) a want (b) a need
34. 34.🛒 Need or want: a video game? (a) a want (b) a need
35. 35.🎯 A want can still be a good business when… (a) nobody likes it (b) it is not safe (c) many people want it (d) it breaks the rules
36. 36.Which of these is a need? (a) a sticker album (b) a school uniform (c) designer sunglasses (d) a video game
37. 37.Which of these is a want? (a) a roof over your head (b) soap (c) school shoes (d) a third pair of shoes
38. 38.🔍 Which is the odd one out? (a) a toy robot (b) rice and dal (c) bus fare to school (d) notebooks for school
39. 39.🛒 Need or want: bus fare to school? (a) a want (b) a need
40. 40.True or false: “designer sunglasses” is a need. (a) False (b) True

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