Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 42 · 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.🎯 A want can still be a good business when… (a) it is not safe (b) many people want it (c) it breaks the rules (d) nobody likes it
2. 2.🛍️ Why do businesses that meet needs often sell all year? (a) needs are always free (b) needs are toys (c) nobody buys needs (d) people always need them
3. 3.True or false: “a sticker album” is a need. (a) False (b) True
4. 4.Which of these is a need? (a) a third pair of shoes (b) designer sunglasses (c) a warm blanket (d) a party dress
5. 5.🔍 Which is the odd one out? (a) a video game (b) notebooks for school (c) drinking water (d) bus fare to school
6. 6.🔍 Which is the odd one out? (a) notebooks for school (b) a glitter pen set (c) a video game (d) designer sunglasses
7. 7.🛒 Need or want: a school uniform? (a) a need (b) a want
8. 8.🛒 Need or want: a toy robot? (a) a want (b) a need
9. 9.True or false: “a fancy phone cover” is a need. (a) False (b) True
10. 10.🛒 Need or want: medicine when ill? (a) a need (b) a want
11. 11.🛒 Need or want: a roof over your head? (a) a need (b) a want
12. 12.🔍 Which is the odd one out? (a) a roof over your head (b) school shoes (c) a fancy phone cover (d) rice and dal
13. 13.Which of these is a need? (a) a sticker album (b) designer sunglasses (c) a toy robot (d) drinking water
14. 14.🔍 Which is the odd one out? (a) a party dress (b) drinking water (c) a toy robot (d) designer sunglasses
15. 15.Which of these is a need? (a) a sticker album (b) medicine when ill (c) a bigger TV (d) a third pair of shoes
16. 16.🛒 Need or want: a party dress? (a) a want (b) a need
17. 17.🔍 Which is the odd one out? (a) a roof over your head (b) notebooks for school (c) sweets every day (d) drinking water
18. 18.🔍 Which is the odd one out? (a) a sticker album (b) designer sunglasses (c) rice and dal (d) a video game
19. 19.Which of these is a want? (a) medicine when ill (b) a warm blanket (c) a toy robot (d) school shoes
20. 20.Which of these is a need? (a) school shoes (b) designer sunglasses (c) a video game (d) a sticker album
21. 21.🔍 Which is the odd one out? (a) a roof over your head (b) a toy robot (c) soap (d) notebooks for school
22. 22.💡 A need is something… (a) made of plastic (b) only rich people buy (c) we must have to live (d) nice but not needed
23. 23.Which of these is a want? (a) drinking water (b) notebooks for school (c) a sticker album (d) rice and dal
24. 24.True or false: “bus fare to school” is a need. (a) True (b) False
25. 25.Which of these is a need? (a) sweets every day (b) a third pair of shoes (c) notebooks for school (d) a bigger TV
26. 26.🛒 A family has little money. What should it buy first? (a) the costliest thing (b) the needs (c) the most fun thing (d) the wants
27. 27.Which of these is a want? (a) drinking water (b) notebooks for school (c) designer sunglasses (d) soap
28. 28.☔ In the monsoon, which would sell best at a school gate? (a) ice lollies (b) paper kites (c) umbrellas and raincoats (d) woollen sweaters
29. 29.True or false: “drinking water” is a need. (a) False (b) True
30. 30.True or false: “a party dress” is a need. (a) True (b) False
31. 31.True or false: “bus fare to school” is a want. (a) True (b) False
32. 32.True or false: “a school uniform” is a need. (a) False (b) True
33. 33.🛒 Need or want: drinking water? (a) a need (b) a want
34. 34.True or false: “a glitter pen set” is a need. (a) False (b) True
35. 35.Which of these is a want? (a) a fancy phone cover (b) drinking water (c) school shoes (d) a warm blanket
36. 36.🛒 Need or want: soap? (a) a want (b) a need
37. 37.True or false: “a warm blanket” is a want. (a) True (b) False
38. 38.Which of these is a want? (a) a warm blanket (b) medicine when ill (c) soap (d) a bigger TV
39. 39.True or false: “a toy robot” is a want. (a) False (b) True
40. 40.🛒 Need or want: a glitter pen set? (a) a need (b) a want

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