Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 330 · 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: a fancy phone cover? (a) a want (b) a need
2. 2.True or false: “a fancy phone cover” is a need. (a) False (b) True
3. 3.🔍 Which is the odd one out? (a) a video game (b) a fancy phone cover (c) a toy robot (d) school shoes
4. 4.🔍 Which is the odd one out? (a) school shoes (b) bus fare to school (c) a roof over your head (d) a fancy phone cover
5. 5.🛒 A family has little money. What should it buy first? (a) the costliest thing (b) the needs (c) the most fun thing (d) the wants
6. 6.🛒 Need or want: a warm blanket? (a) a want (b) a need
7. 7.True or false: “school shoes” is a want. (a) True (b) False
8. 8.Which of these is a need? (a) a warm blanket (b) a party dress (c) designer sunglasses (d) a fancy phone cover
9. 9.True or false: “notebooks for school” is a want. (a) True (b) False
10. 10.Which of these is a want? (a) drinking water (b) a bigger TV (c) notebooks for school (d) school shoes
11. 11.Which of these is a want? (a) a roof over your head (b) bus fare to school (c) a warm blanket (d) a video game
12. 12.🛍️ 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
13. 13.True or false: “designer sunglasses” is a want. (a) True (b) False
14. 14.🛒 Need or want: soap? (a) a need (b) a want
15. 15.Which of these is a need? (a) school shoes (b) a third pair of shoes (c) a video game (d) a glitter pen set
16. 16.🔍 Which is the odd one out? (a) a bigger TV (b) a warm blanket (c) medicine when ill (d) soap
17. 17.🛒 Need or want: a video game? (a) a need (b) a want
18. 18.Which of these is a need? (a) a video game (b) a glitter pen set (c) a bigger TV (d) medicine when ill
19. 19.Which of these is a need? (a) a toy robot (b) a sticker album (c) sweets every day (d) rice and dal
20. 20.🛒 Need or want: a toy robot? (a) a want (b) a need
21. 21.🛒 Need or want: a school uniform? (a) a want (b) a need
22. 22.True or false: “a sticker album” is a want. (a) True (b) False
23. 23.🔍 Which is the odd one out? (a) drinking water (b) a party dress (c) a third pair of shoes (d) a bigger TV
24. 24.True or false: “a warm blanket” is a need. (a) True (b) False
25. 25.True or false: “drinking water” is a want. (a) False (b) True
26. 26.🍱 A tiffin service mostly meets which? (a) nothing at all (b) a want: games (c) a want: toys (d) a need: food
27. 27.True or false: “sweets every day” is a want. (a) True (b) False
28. 28.🛒 Need or want: school shoes? (a) a need (b) a want
29. 29.🔍 Which is the odd one out? (a) a toy robot (b) medicine when ill (c) a glitter pen set (d) a third pair of shoes
30. 30.True or false: “a school uniform” is a want. (a) False (b) True
31. 31.Which of these is a need? (a) a video game (b) sweets every day (c) a roof over your head (d) designer sunglasses
32. 32.🛒 Need or want: a sticker album? (a) a want (b) a need
33. 33.Which of these is a want? (a) bus fare to school (b) rice and dal (c) a sticker album (d) a warm blanket
34. 34.True or false: “a glitter pen set” is a need. (a) True (b) False
35. 35.❄️ On a cold winter morning, which stall would most people want? (a) ice lollies (b) paper fans (c) water guns (d) hot drinks
36. 36.Which of these is a want? (a) a roof over your head (b) designer sunglasses (c) a warm blanket (d) school shoes
37. 37.🛒 Need or want: notebooks for school? (a) a want (b) a need
38. 38.🔍 Which is the odd one out? (a) a party dress (b) a roof over your head (c) a toy robot (d) a bigger TV
39. 39.🔍 Which is the odd one out? (a) a school uniform (b) a warm blanket (c) notebooks for school (d) a sticker album
40. 40.🎯 A want can still be a good business when… (a) it breaks the rules (b) nobody likes it (c) many people want it (d) it is not safe

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