Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 340 · 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 video game? (a) a want (b) a need
2. 2.Which of these is a need? (a) sweets every day (b) a third pair of shoes (c) bus fare to school (d) a sticker album
3. 3.Which of these is a need? (a) a toy robot (b) designer sunglasses (c) a fancy phone cover (d) a roof over your head
4. 4.Which of these is a need? (a) a school uniform (b) a party dress (c) a sticker album (d) sweets every day
5. 5.🔍 Which is the odd one out? (a) a sticker album (b) rice and dal (c) a party dress (d) a video game
6. 6.🛒 A family has little money. What should it buy first? (a) the needs (b) the most fun thing (c) the costliest thing (d) the wants
7. 7.True or false: “a roof over your head” is a need. (a) False (b) True
8. 8.❄️ On a cold winter morning, which stall would most people want? (a) water guns (b) ice lollies (c) hot drinks (d) paper fans
9. 9.True or false: “a sticker album” is a want. (a) True (b) False
10. 10.🛒 Need or want: school shoes? (a) a need (b) a want
11. 11.Which of these is a need? (a) a glitter pen set (b) a sticker album (c) a toy robot (d) a warm blanket
12. 12.🔍 Which is the odd one out? (a) a video game (b) a warm blanket (c) a roof over your head (d) notebooks for school
13. 13.True or false: “a bigger TV” is a want. (a) False (b) True
14. 14.🔍 Which is the odd one out? (a) a party dress (b) a glitter pen set (c) a third pair of shoes (d) school shoes
15. 15.Which of these is a need? (a) a sticker album (b) designer sunglasses (c) rice and dal (d) sweets every day
16. 16.🛒 Need or want: a fancy phone cover? (a) a want (b) a need
17. 17.Which of these is a need? (a) a party dress (b) a third pair of shoes (c) school shoes (d) a fancy phone cover
18. 18.🛒 Need or want: a toy robot? (a) a need (b) a want
19. 19.🍱 A tiffin service mostly meets which? (a) a need: food (b) a want: games (c) nothing at all (d) a want: toys
20. 20.True or false: “a warm blanket” is a want. (a) True (b) False
21. 21.🔍 Which is the odd one out? (a) a party dress (b) a warm blanket (c) bus fare to school (d) drinking water
22. 22.True or false: “a school uniform” is a need. (a) True (b) False
23. 23.Which of these is a need? (a) designer sunglasses (b) a party dress (c) a sticker album (d) medicine when ill
24. 24.💡 A need is something… (a) made of plastic (b) only rich people buy (c) nice but not needed (d) we must have to live
25. 25.True or false: “a video game” is a want. (a) True (b) False
26. 26.🛒 Need or want: sweets every day? (a) a need (b) a want
27. 27.True or false: “a fancy phone cover” is a want. (a) True (b) False
28. 28.🔍 Which is the odd one out? (a) notebooks for school (b) a bigger TV (c) soap (d) a roof over your head
29. 29.True or false: “a third pair of shoes” is a need. (a) True (b) False
30. 30.Which of these is a need? (a) a toy robot (b) a glitter pen set (c) notebooks for school (d) a video game
31. 31.True or false: “a glitter pen set” is a need. (a) False (b) True
32. 32.True or false: “a roof over your head” is a want. (a) False (b) True
33. 33.🛒 Need or want: a bigger TV? (a) a want (b) a need
34. 34.🛒 Need or want: soap? (a) a want (b) a need
35. 35.🛍️ Why do businesses that meet needs often sell all year? (a) needs are toys (b) nobody buys needs (c) people always need them (d) needs are always free
36. 36.☔ In the monsoon, which would sell best at a school gate? (a) ice lollies (b) paper kites (c) umbrellas and raincoats (d) woollen sweaters
37. 37.🔍 Which is the odd one out? (a) medicine when ill (b) school shoes (c) a roof over your head (d) sweets every day
38. 38.🎯 A want can still be a good business when… (a) it is not safe (b) many people want it (c) nobody likes it (d) it breaks the rules
39. 39.Which of these is a want? (a) drinking water (b) a video game (c) a warm blanket (d) a roof over your head
40. 40.Which of these is a want? (a) drinking water (b) bus fare to school (c) notebooks for school (d) a party dress

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