Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 323 · 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: drinking water? (a) a want (b) a need
2. 2.True or false: “rice and dal” is a want. (a) False (b) True
3. 3.Which of these is a need? (a) a glitter pen set (b) sweets every day (c) a warm blanket (d) a bigger TV
4. 4.Which of these is a want? (a) designer sunglasses (b) notebooks for school (c) a school uniform (d) a roof over your head
5. 5.🍱 A tiffin service mostly meets which? (a) nothing at all (b) a want: games (c) a want: toys (d) a need: food
6. 6.🛍️ Why do businesses that meet needs often sell all year? (a) needs are toys (b) needs are always free (c) nobody buys needs (d) people always need them
7. 7.True or false: “a warm blanket” is a want. (a) True (b) False
8. 8.🔍 Which is the odd one out? (a) a sticker album (b) a video game (c) a glitter pen set (d) bus fare to school
9. 9.🔍 Which is the odd one out? (a) a sticker album (b) notebooks for school (c) a bigger TV (d) a video game
10. 10.🛒 Need or want: a fancy phone cover? (a) a need (b) a want
11. 11.🛒 Need or want: a video game? (a) a need (b) a want
12. 12.True or false: “a video game” is a need. (a) True (b) False
13. 13.❄️ On a cold winter morning, which stall would most people want? (a) water guns (b) ice lollies (c) paper fans (d) hot drinks
14. 14.🔍 Which is the odd one out? (a) a video game (b) a sticker album (c) school shoes (d) a toy robot
15. 15.🔍 Which is the odd one out? (a) a video game (b) designer sunglasses (c) soap (d) a fancy phone cover
16. 16.Which of these is a need? (a) a party dress (b) a video game (c) notebooks for school (d) a bigger TV
17. 17.🔍 Which is the odd one out? (a) a bigger TV (b) medicine when ill (c) bus fare to school (d) school shoes
18. 18.Which of these is a want? (a) soap (b) school shoes (c) a bigger TV (d) rice and dal
19. 19.🛒 Need or want: a party dress? (a) a want (b) a need
20. 20.💡 A need is something… (a) only rich people buy (b) nice but not needed (c) made of plastic (d) we must have to live
21. 21.☔ In the monsoon, which would sell best at a school gate? (a) woollen sweaters (b) paper kites (c) ice lollies (d) umbrellas and raincoats
22. 22.🛒 Need or want: bus fare to school? (a) a want (b) a need
23. 23.🔍 Which is the odd one out? (a) soap (b) medicine when ill (c) a video game (d) notebooks for school
24. 24.🎯 A want can still be a good business when… (a) nobody likes it (b) many people want it (c) it breaks the rules (d) it is not safe
25. 25.True or false: “a third pair of shoes” is a want. (a) True (b) False
26. 26.🛒 Need or want: soap? (a) a need (b) a want
27. 27.🔍 Which is the odd one out? (a) a third pair of shoes (b) soap (c) bus fare to school (d) drinking water
28. 28.True or false: “notebooks for school” is a want. (a) True (b) False
29. 29.🛒 A family has little money. What should it buy first? (a) the costliest thing (b) the most fun thing (c) the wants (d) the needs
30. 30.True or false: “designer sunglasses” is a need. (a) True (b) False
31. 31.True or false: “school shoes” is a want. (a) True (b) False
32. 32.🛒 Need or want: designer sunglasses? (a) a need (b) a want
33. 33.True or false: “medicine when ill” is a want. (a) False (b) True
34. 34.Which of these is a want? (a) medicine when ill (b) a third pair of shoes (c) school shoes (d) rice and dal
35. 35.🔍 Which is the odd one out? (a) a toy robot (b) a roof over your head (c) medicine when ill (d) bus fare to school
36. 36.🛒 Need or want: a glitter pen set? (a) a need (b) a want
37. 37.Which of these is a want? (a) a roof over your head (b) soap (c) sweets every day (d) a warm blanket
38. 38.🛒 Need or want: a roof over your head? (a) a need (b) a want
39. 39.True or false: “medicine when ill” is a need. (a) True (b) False
40. 40.🛒 Need or want: sweets every day? (a) a need (b) a want

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