Entrepreneurship for Kids Worksheet: Needs and Wants

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

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