Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 325 · 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: “a video game” is a need. (a) True (b) False
3. 3.Which of these is a need? (a) medicine when ill (b) a sticker album (c) a third pair of shoes (d) designer sunglasses
4. 4.🛒 Need or want: a sticker album? (a) a need (b) a want
5. 5.🔍 Which is the odd one out? (a) drinking water (b) notebooks for school (c) a toy robot (d) rice and dal
6. 6.True or false: “a warm blanket” is a want. (a) True (b) False
7. 7.Which of these is a need? (a) a party dress (b) a video game (c) school shoes (d) sweets every day
8. 8.Which of these is a need? (a) a video game (b) a fancy phone cover (c) a toy robot (d) notebooks for school
9. 9.🔍 Which is the odd one out? (a) designer sunglasses (b) a toy robot (c) a fancy phone cover (d) a warm blanket
10. 10.🔍 Which is the odd one out? (a) a glitter pen set (b) school shoes (c) a toy robot (d) a video game
11. 11.True or false: “notebooks for school” is a need. (a) True (b) False
12. 12.True or false: “a glitter pen set” is a want. (a) True (b) False
13. 13.Which of these is a need? (a) a warm blanket (b) a sticker album (c) a party dress (d) a toy robot
14. 14.True or false: “a roof over your head” is a want. (a) False (b) True
15. 15.🛒 Need or want: a toy robot? (a) a need (b) a want
16. 16.Which of these is a want? (a) a video game (b) rice and dal (c) medicine when ill (d) soap
17. 17.Which of these is a need? (a) a third pair of shoes (b) a party dress (c) designer sunglasses (d) drinking water
18. 18.True or false: “a school uniform” is a want. (a) False (b) True
19. 19.🛒 A family has little money. What should it buy first? (a) the wants (b) the needs (c) the costliest thing (d) the most fun thing
20. 20.True or false: “rice and dal” is a want. (a) False (b) True
21. 21.True or false: “a bigger TV” is a need. (a) False (b) True
22. 22.💡 A need is something… (a) nice but not needed (b) only rich people buy (c) we must have to live (d) made of plastic
23. 23.True or false: “a sticker album” is a need. (a) False (b) True
24. 24.True or false: “soap” is a need. (a) False (b) True
25. 25.☔ In the monsoon, which would sell best at a school gate? (a) paper kites (b) ice lollies (c) umbrellas and raincoats (d) woollen sweaters
26. 26.❄️ On a cold winter morning, which stall would most people want? (a) paper fans (b) hot drinks (c) water guns (d) ice lollies
27. 27.Which of these is a want? (a) a school uniform (b) a glitter pen set (c) a warm blanket (d) soap
28. 28.True or false: “a glitter pen set” is a need. (a) True (b) False
29. 29.🛍️ Why do businesses that meet needs often sell all year? (a) nobody buys needs (b) needs are always free (c) people always need them (d) needs are toys
30. 30.True or false: “a sticker album” is a want. (a) False (b) True
31. 31.True or false: “designer sunglasses” is a need. (a) False (b) True
32. 32.Which of these is a need? (a) a video game (b) sweets every day (c) a school uniform (d) a glitter pen set
33. 33.Which of these is a want? (a) school shoes (b) notebooks for school (c) a fancy phone cover (d) soap
34. 34.🛒 Need or want: a bigger TV? (a) a need (b) a want
35. 35.Which of these is a want? (a) drinking water (b) bus fare to school (c) a toy robot (d) soap
36. 36.🔍 Which is the odd one out? (a) rice and dal (b) drinking water (c) bus fare to school (d) a fancy phone cover
37. 37.Which of these is a need? (a) a fancy phone cover (b) soap (c) sweets every day (d) designer sunglasses
38. 38.🎯 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
39. 39.🛒 Need or want: notebooks for school? (a) a want (b) a need
40. 40.Which of these is a want? (a) soap (b) designer sunglasses (c) bus fare to school (d) school shoes

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