Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 369 · 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 school uniform (c) a glitter pen set (d) rice and dal
2. 2.❄️ On a cold winter morning, which stall would most people want? (a) water guns (b) ice lollies (c) hot drinks (d) paper fans
3. 3.🎯 A want can still be a good business when… (a) it breaks the rules (b) it is not safe (c) many people want it (d) nobody likes it
4. 4.True or false: “drinking water” is a want. (a) True (b) False
5. 5.True or false: “a fancy phone cover” is a need. (a) True (b) False
6. 6.💡 A need is something… (a) we must have to live (b) only rich people buy (c) made of plastic (d) nice but not needed
7. 7.🛒 Need or want: a warm blanket? (a) a need (b) a want
8. 8.True or false: “medicine when ill” is a want. (a) False (b) True
9. 9.🛒 Need or want: a school uniform? (a) a need (b) a want
10. 10.🍱 A tiffin service mostly meets which? (a) a need: food (b) a want: games (c) nothing at all (d) a want: toys
11. 11.True or false: “a video game” is a need. (a) True (b) False
12. 12.True or false: “rice and dal” is a need. (a) True (b) False
13. 13.Which of these is a need? (a) a video game (b) a sticker album (c) designer sunglasses (d) a warm blanket
14. 14.🛒 Need or want: sweets every day? (a) a want (b) a need
15. 15.🛒 Need or want: a video game? (a) a need (b) a want
16. 16.Which of these is a need? (a) a party dress (b) a bigger TV (c) notebooks for school (d) a fancy phone cover
17. 17.🛒 Need or want: a toy robot? (a) a want (b) a need
18. 18.🔍 Which is the odd one out? (a) school shoes (b) a glitter pen set (c) a sticker album (d) sweets every day
19. 19.True or false: “a glitter pen set” is a want. (a) False (b) True
20. 20.🛍️ 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
21. 21.Which of these is a want? (a) a toy robot (b) drinking water (c) medicine when ill (d) rice and dal
22. 22.Which of these is a want? (a) a video game (b) school shoes (c) a roof over your head (d) notebooks for school
23. 23.🛒 A family has little money. What should it buy first? (a) the costliest thing (b) the needs (c) the wants (d) the most fun thing
24. 24.☔ In the monsoon, which would sell best at a school gate? (a) ice lollies (b) umbrellas and raincoats (c) woollen sweaters (d) paper kites
25. 25.Which of these is a need? (a) a toy robot (b) a glitter pen set (c) designer sunglasses (d) rice and dal
26. 26.🛒 Need or want: a glitter pen set? (a) a want (b) a need
27. 27.🔍 Which is the odd one out? (a) sweets every day (b) a third pair of shoes (c) a fancy phone cover (d) soap
28. 28.🛒 Need or want: school shoes? (a) a need (b) a want
29. 29.Which of these is a need? (a) a video game (b) a sticker album (c) soap (d) a fancy phone cover
30. 30.🔍 Which is the odd one out? (a) a third pair of shoes (b) a fancy phone cover (c) medicine when ill (d) designer sunglasses
31. 31.Which of these is a need? (a) a party dress (b) a glitter pen set (c) bus fare to school (d) a fancy phone cover
32. 32.True or false: “designer sunglasses” is a need. (a) False (b) True
33. 33.True or false: “sweets every day” is a need. (a) False (b) True
34. 34.🛒 Need or want: a bigger TV? (a) a need (b) a want
35. 35.🔍 Which is the odd one out? (a) rice and dal (b) drinking water (c) school shoes (d) a fancy phone cover
36. 36.Which of these is a need? (a) designer sunglasses (b) a toy robot (c) a school uniform (d) a glitter pen set
37. 37.True or false: “sweets every day” is a want. (a) True (b) False
38. 38.True or false: “a toy robot” is a need. (a) True (b) False
39. 39.🛒 Need or want: a fancy phone cover? (a) a need (b) a want
40. 40.🔍 Which is the odd one out? (a) medicine when ill (b) a warm blanket (c) sweets every day (d) bus fare to school

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