Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 371 · 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 need? (a) a glitter pen set (b) sweets every day (c) school shoes (d) a party dress
2. 2.🎯 A want can still be a good business when… (a) nobody likes it (b) it is not safe (c) it breaks the rules (d) many people want it
3. 3.Which of these is a want? (a) notebooks for school (b) bus fare to school (c) a bigger TV (d) school shoes
4. 4.True or false: “a third pair of shoes” is a want. (a) True (b) False
5. 5.Which of these is a want? (a) a fancy phone cover (b) drinking water (c) notebooks for school (d) bus fare to school
6. 6.🍱 A tiffin service mostly meets which? (a) a need: food (b) a want: games (c) nothing at all (d) a want: toys
7. 7.Which of these is a need? (a) a roof over your head (b) a fancy phone cover (c) sweets every day (d) a bigger TV
8. 8.Which of these is a want? (a) medicine when ill (b) a party dress (c) school shoes (d) a roof over your head
9. 9.🛒 Need or want: a sticker album? (a) a need (b) a want
10. 10.❄️ On a cold winter morning, which stall would most people want? (a) ice lollies (b) paper fans (c) hot drinks (d) water guns
11. 11.🔍 Which is the odd one out? (a) a party dress (b) a fancy phone cover (c) sweets every day (d) a school uniform
12. 12.🛒 Need or want: designer sunglasses? (a) a want (b) a need
13. 13.🔍 Which is the odd one out? (a) school shoes (b) medicine when ill (c) a party dress (d) a warm blanket
14. 14.True or false: “drinking water” is a want. (a) True (b) False
15. 15.🛒 Need or want: a party dress? (a) a need (b) a want
16. 16.Which of these is a need? (a) a video game (b) sweets every day (c) a toy robot (d) notebooks for school
17. 17.True or false: “designer sunglasses” is a need. (a) True (b) False
18. 18.True or false: “a roof over your head” is a want. (a) True (b) False
19. 19.🔍 Which is the odd one out? (a) medicine when ill (b) rice and dal (c) sweets every day (d) notebooks for school
20. 20.🛒 Need or want: notebooks for school? (a) a need (b) a want
21. 21.🛒 Need or want: a video game? (a) a want (b) a need
22. 22.🛒 Need or want: a toy robot? (a) a want (b) a need
23. 23.🛒 Need or want: sweets every day? (a) a want (b) a need
24. 24.Which of these is a need? (a) a toy robot (b) a fancy phone cover (c) a sticker album (d) drinking water
25. 25.True or false: “drinking water” is a need. (a) False (b) True
26. 26.☔ In the monsoon, which would sell best at a school gate? (a) woollen sweaters (b) umbrellas and raincoats (c) ice lollies (d) paper kites
27. 27.🛒 Need or want: a bigger TV? (a) a need (b) a want
28. 28.🔍 Which is the odd one out? (a) a third pair of shoes (b) a fancy phone cover (c) a video game (d) drinking water
29. 29.🛒 A family has little money. What should it buy first? (a) the costliest thing (b) the most fun thing (c) the needs (d) the wants
30. 30.🔍 Which is the odd one out? (a) bus fare to school (b) notebooks for school (c) a video game (d) drinking water
31. 31.Which of these is a want? (a) a warm blanket (b) a glitter pen set (c) soap (d) bus fare to school
32. 32.🛒 Need or want: a third pair of shoes? (a) a want (b) a need
33. 33.True or false: “a video game” is a need. (a) False (b) True
34. 34.True or false: “bus fare to school” is a need. (a) True (b) False
35. 35.Which of these is a want? (a) medicine when ill (b) a warm blanket (c) school shoes (d) designer sunglasses
36. 36.Which of these is a want? (a) rice and dal (b) a video game (c) drinking water (d) a school uniform
37. 37.💡 A need is something… (a) nice but not needed (b) only rich people buy (c) we must have to live (d) made of plastic
38. 38.True or false: “a party dress” is a need. (a) False (b) True
39. 39.True or false: “a third pair of shoes” is a need. (a) False (b) True
40. 40.True or false: “a bigger TV” is a need. (a) True (b) False

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