Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 368 · 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.Which of these is a want? (a) a roof over your head (b) a bigger TV (c) a warm blanket (d) drinking water
2. 2.❄️ On a cold winter morning, which stall would most people want? (a) hot drinks (b) water guns (c) ice lollies (d) paper fans
3. 3.🎯 A want can still be a good business when… (a) it breaks the rules (b) nobody likes it (c) it is not safe (d) many people want it
4. 4.💡 A need is something… (a) made of plastic (b) we must have to live (c) nice but not needed (d) only rich people buy
5. 5.True or false: “soap” is a need. (a) True (b) False
6. 6.🔍 Which is the odd one out? (a) a video game (b) a glitter pen set (c) designer sunglasses (d) a roof over your head
7. 7.🛒 Need or want: sweets every day? (a) a need (b) a want
8. 8.True or false: “medicine when ill” is a want. (a) True (b) False
9. 9.Which of these is a want? (a) drinking water (b) soap (c) school shoes (d) designer sunglasses
10. 10.🔍 Which is the odd one out? (a) sweets every day (b) notebooks for school (c) a sticker album (d) a fancy phone cover
11. 11.True or false: “a sticker album” is a need. (a) False (b) True
12. 12.True or false: “notebooks for school” is a want. (a) True (b) False
13. 13.🔍 Which is the odd one out? (a) sweets every day (b) a video game (c) bus fare to school (d) a sticker album
14. 14.🛒 Need or want: a glitter pen set? (a) a need (b) a want
15. 15.Which of these is a want? (a) drinking water (b) soap (c) a warm blanket (d) a sticker album
16. 16.🔍 Which is the odd one out? (a) medicine when ill (b) sweets every day (c) soap (d) notebooks for school
17. 17.True or false: “a warm blanket” is a need. (a) False (b) True
18. 18.🛒 Need or want: designer sunglasses? (a) a want (b) a need
19. 19.Which of these is a need? (a) rice and dal (b) a party dress (c) a glitter pen set (d) a sticker album
20. 20.True or false: “a roof over your head” is a want. (a) False (b) True
21. 21.🛒 Need or want: a warm blanket? (a) a need (b) a want
22. 22.🛒 Need or want: a fancy phone cover? (a) a need (b) a want
23. 23.🔍 Which is the odd one out? (a) medicine when ill (b) bus fare to school (c) a fancy phone cover (d) school shoes
24. 24.True or false: “a party dress” is a need. (a) True (b) False
25. 25.🛒 Need or want: a video game? (a) a need (b) a want
26. 26.🍱 A tiffin service mostly meets which? (a) a want: toys (b) a need: food (c) nothing at all (d) a want: games
27. 27.Which of these is a want? (a) drinking water (b) medicine when ill (c) a warm blanket (d) a toy robot
28. 28.🔍 Which is the odd one out? (a) designer sunglasses (b) soap (c) a bigger TV (d) a toy robot
29. 29.True or false: “a school uniform” is a want. (a) True (b) False
30. 30.Which of these is a want? (a) a warm blanket (b) sweets every day (c) bus fare to school (d) rice and dal
31. 31.🔍 Which is the odd one out? (a) school shoes (b) a glitter pen set (c) bus fare to school (d) rice and dal
32. 32.🛒 Need or want: a bigger TV? (a) a want (b) a need
33. 33.🛒 Need or want: a third pair of shoes? (a) a need (b) a want
34. 34.Which of these is a need? (a) sweets every day (b) notebooks for school (c) a fancy phone cover (d) a party dress
35. 35.Which of these is a want? (a) medicine when ill (b) a warm blanket (c) rice and dal (d) a glitter pen set
36. 36.True or false: “sweets every day” is a need. (a) False (b) True
37. 37.☔ In the monsoon, which would sell best at a school gate? (a) umbrellas and raincoats (b) woollen sweaters (c) ice lollies (d) paper kites
38. 38.🛍️ Why do businesses that meet needs often sell all year? (a) people always need them (b) needs are toys (c) needs are always free (d) nobody buys needs
39. 39.True or false: “a toy robot” is a need. (a) True (b) False
40. 40.🔍 Which is the odd one out? (a) a party dress (b) soap (c) a school uniform (d) medicine when ill

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