Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 364 · 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.❄️ On a cold winter morning, which stall would most people want? (a) paper fans (b) ice lollies (c) hot drinks (d) water guns
2. 2.True or false: “a roof over your head” is a need. (a) True (b) False
3. 3.True or false: “a roof over your head” is a want. (a) False (b) True
4. 4.🔍 Which is the odd one out? (a) a toy robot (b) a glitter pen set (c) designer sunglasses (d) bus fare to school
5. 5.🛒 Need or want: a fancy phone cover? (a) a want (b) a need
6. 6.🔍 Which is the odd one out? (a) a roof over your head (b) a warm blanket (c) a toy robot (d) bus fare to school
7. 7.🛒 Need or want: rice and dal? (a) a want (b) a need
8. 8.Which of these is a need? (a) a party dress (b) a glitter pen set (c) bus fare to school (d) a video game
9. 9.🍱 A tiffin service mostly meets which? (a) a want: toys (b) a want: games (c) a need: food (d) nothing at all
10. 10.True or false: “a video game” is a want. (a) True (b) False
11. 11.Which of these is a need? (a) a video game (b) sweets every day (c) a fancy phone cover (d) medicine when ill
12. 12.True or false: “a sticker album” is a need. (a) False (b) True
13. 13.Which of these is a want? (a) sweets every day (b) bus fare to school (c) a school uniform (d) drinking water
14. 14.☔ In the monsoon, which would sell best at a school gate? (a) ice lollies (b) woollen sweaters (c) paper kites (d) umbrellas and raincoats
15. 15.🛍️ Why do businesses that meet needs often sell all year? (a) needs are toys (b) people always need them (c) nobody buys needs (d) needs are always free
16. 16.Which of these is a need? (a) a bigger TV (b) a warm blanket (c) sweets every day (d) a video game
17. 17.True or false: “a third pair of shoes” is a need. (a) False (b) True
18. 18.🛒 Need or want: soap? (a) a want (b) a need
19. 19.🛒 Need or want: school shoes? (a) a need (b) a want
20. 20.Which of these is a need? (a) sweets every day (b) drinking water (c) a party dress (d) a toy robot
21. 21.💡 A need is something… (a) we must have to live (b) only rich people buy (c) made of plastic (d) nice but not needed
22. 22.🔍 Which is the odd one out? (a) sweets every day (b) a video game (c) medicine when ill (d) designer sunglasses
23. 23.🔍 Which is the odd one out? (a) a video game (b) a third pair of shoes (c) a bigger TV (d) rice and dal
24. 24.🛒 Need or want: medicine when ill? (a) a want (b) a need
25. 25.Which of these is a need? (a) a third pair of shoes (b) designer sunglasses (c) a bigger TV (d) rice and dal
26. 26.True or false: “a party dress” is a want. (a) False (b) True
27. 27.Which of these is a want? (a) notebooks for school (b) bus fare to school (c) rice and dal (d) a toy robot
28. 28.🔍 Which is the odd one out? (a) sweets every day (b) a fancy phone cover (c) designer sunglasses (d) soap
29. 29.🛒 A family has little money. What should it buy first? (a) the most fun thing (b) the costliest thing (c) the needs (d) the wants
30. 30.🔍 Which is the odd one out? (a) a fancy phone cover (b) a glitter pen set (c) a party dress (d) drinking water
31. 31.🔍 Which is the odd one out? (a) drinking water (b) a fancy phone cover (c) a warm blanket (d) rice and dal
32. 32.🛒 Need or want: sweets every day? (a) a want (b) a need
33. 33.True or false: “school shoes” is a need. (a) False (b) True
34. 34.🛒 Need or want: a bigger TV? (a) a need (b) a want
35. 35.True or false: “notebooks for school” is a want. (a) False (b) True
36. 36.🎯 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
37. 37.🛒 Need or want: a party dress? (a) a need (b) a want
38. 38.Which of these is a need? (a) sweets every day (b) a toy robot (c) notebooks for school (d) a video game
39. 39.🔍 Which is the odd one out? (a) drinking water (b) school shoes (c) rice and dal (d) a video game
40. 40.True or false: “medicine when ill” is a want. (a) False (b) True

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