Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 395 · 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.True or false: “designer sunglasses” is a need. (a) True (b) False
2. 2.Which of these is a want? (a) bus fare to school (b) drinking water (c) notebooks for school (d) a party dress
3. 3.Which of these is a want? (a) sweets every day (b) bus fare to school (c) school shoes (d) medicine when ill
4. 4.🔍 Which is the odd one out? (a) a third pair of shoes (b) sweets every day (c) a warm blanket (d) a sticker album
5. 5.🛒 Need or want: a warm blanket? (a) a need (b) a want
6. 6.🛒 Need or want: rice and dal? (a) a need (b) a want
7. 7.🔍 Which is the odd one out? (a) a school uniform (b) school shoes (c) medicine when ill (d) a bigger TV
8. 8.True or false: “a glitter pen set” is a need. (a) False (b) True
9. 9.Which of these is a need? (a) a party dress (b) a fancy phone cover (c) sweets every day (d) drinking water
10. 10.True or false: “bus fare to school” is a need. (a) True (b) False
11. 11.🛒 Need or want: designer sunglasses? (a) a want (b) a need
12. 12.Which of these is a need? (a) a school uniform (b) a bigger TV (c) designer sunglasses (d) a video game
13. 13.True or false: “a sticker album” is a want. (a) True (b) False
14. 14.🛒 Need or want: soap? (a) a need (b) a want
15. 15.🎯 A want can still be a good business when… (a) nobody likes it (b) it breaks the rules (c) it is not safe (d) many people want it
16. 16.🛍️ Why do businesses that meet needs often sell all year? (a) nobody buys needs (b) needs are always free (c) needs are toys (d) people always need them
17. 17.💡 A need is something… (a) nice but not needed (b) we must have to live (c) made of plastic (d) only rich people buy
18. 18.True or false: “a party dress” is a want. (a) False (b) True
19. 19.🔍 Which is the odd one out? (a) medicine when ill (b) notebooks for school (c) soap (d) a fancy phone cover
20. 20.Which of these is a want? (a) medicine when ill (b) drinking water (c) a fancy phone cover (d) a school uniform
21. 21.True or false: “a school uniform” is a need. (a) False (b) True
22. 22.🛒 Need or want: a school uniform? (a) a want (b) a need
23. 23.☔ In the monsoon, which would sell best at a school gate? (a) woollen sweaters (b) umbrellas and raincoats (c) paper kites (d) ice lollies
24. 24.🛒 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
25. 25.Which of these is a need? (a) designer sunglasses (b) a toy robot (c) a video game (d) a warm blanket
26. 26.🔍 Which is the odd one out? (a) a party dress (b) a roof over your head (c) notebooks for school (d) medicine when ill
27. 27.Which of these is a want? (a) a video game (b) a roof over your head (c) a warm blanket (d) bus fare to school
28. 28.🔍 Which is the odd one out? (a) a third pair of shoes (b) a fancy phone cover (c) a party dress (d) a school uniform
29. 29.True or false: “a roof over your head” is a need. (a) False (b) True
30. 30.🔍 Which is the odd one out? (a) soap (b) a glitter pen set (c) rice and dal (d) a warm blanket
31. 31.🛒 Need or want: a fancy phone cover? (a) a want (b) a need
32. 32.True or false: “designer sunglasses” is a want. (a) False (b) True
33. 33.❄️ On a cold winter morning, which stall would most people want? (a) water guns (b) paper fans (c) hot drinks (d) ice lollies
34. 34.Which of these is a want? (a) designer sunglasses (b) medicine when ill (c) drinking water (d) a warm blanket
35. 35.🔍 Which is the odd one out? (a) soap (b) notebooks for school (c) a sticker album (d) a warm blanket
36. 36.Which of these is a need? (a) a video game (b) medicine when ill (c) a glitter pen set (d) designer sunglasses
37. 37.🛒 Need or want: a bigger TV? (a) a want (b) a need
38. 38.🛒 Need or want: a roof over your head? (a) a need (b) a want
39. 39.🍱 A tiffin service mostly meets which? (a) a want: games (b) a need: food (c) a want: toys (d) nothing at all
40. 40.🛒 Need or want: drinking water? (a) a need (b) a want

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