Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 450 · 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 need is something… (a) made of plastic (b) only rich people buy (c) nice but not needed (d) we must have to live
2. 2.True or false: “drinking water” is a want. (a) False (b) True
3. 3.True or false: “a glitter pen set” is a need. (a) True (b) False
4. 4.🛒 Need or want: a video game? (a) a want (b) a need
5. 5.🔍 Which is the odd one out? (a) a bigger TV (b) a video game (c) bus fare to school (d) sweets every day
6. 6.🛒 Need or want: drinking water? (a) a want (b) a need
7. 7.Which of these is a need? (a) a toy robot (b) bus fare to school (c) a party dress (d) a third pair of shoes
8. 8.🛒 Need or want: soap? (a) a need (b) a want
9. 9.🛒 Need or want: a toy robot? (a) a want (b) a need
10. 10.☔ In the monsoon, which would sell best at a school gate? (a) woollen sweaters (b) paper kites (c) ice lollies (d) umbrellas and raincoats
11. 11.🛒 Need or want: designer sunglasses? (a) a need (b) a want
12. 12.Which of these is a need? (a) a third pair of shoes (b) a video game (c) designer sunglasses (d) medicine when ill
13. 13.True or false: “a toy robot” is a need. (a) True (b) False
14. 14.🔍 Which is the odd one out? (a) notebooks for school (b) drinking water (c) bus fare to school (d) designer sunglasses
15. 15.❄️ On a cold winter morning, which stall would most people want? (a) paper fans (b) water guns (c) hot drinks (d) ice lollies
16. 16.🛍️ Why do businesses that meet needs often sell all year? (a) nobody buys needs (b) people always need them (c) needs are always free (d) needs are toys
17. 17.Which of these is a need? (a) drinking water (b) a sticker album (c) a bigger TV (d) a fancy phone cover
18. 18.🔍 Which is the odd one out? (a) rice and dal (b) a video game (c) a warm blanket (d) school shoes
19. 19.🛒 Need or want: sweets every day? (a) a need (b) a want
20. 20.🔍 Which is the odd one out? (a) a third pair of shoes (b) a toy robot (c) a sticker album (d) drinking water
21. 21.True or false: “bus fare to school” is a need. (a) True (b) False
22. 22.Which of these is a need? (a) sweets every day (b) a video game (c) a party dress (d) a warm blanket
23. 23.True or false: “sweets every day” is a want. (a) False (b) True
24. 24.True or false: “a sticker album” is a need. (a) True (b) False
25. 25.🔍 Which is the odd one out? (a) a school uniform (b) bus fare to school (c) a third pair of shoes (d) school shoes
26. 26.🎯 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
27. 27.🔍 Which is the odd one out? (a) rice and dal (b) school shoes (c) bus fare to school (d) a bigger TV
28. 28.True or false: “a third pair of shoes” is a want. (a) True (b) False
29. 29.🛒 Need or want: a fancy phone cover? (a) a need (b) a want
30. 30.Which of these is a need? (a) a sticker album (b) sweets every day (c) a fancy phone cover (d) a roof over your head
31. 31.True or false: “bus fare to school” is a want. (a) False (b) True
32. 32.🛒 Need or want: a third pair of shoes? (a) a want (b) a need
33. 33.🔍 Which is the odd one out? (a) a party dress (b) a third pair of shoes (c) notebooks for school (d) a glitter pen set
34. 34.🛒 Need or want: school shoes? (a) a want (b) a need
35. 35.Which of these is a need? (a) a sticker album (b) a video game (c) soap (d) a glitter pen set
36. 36.🔍 Which is the odd one out? (a) sweets every day (b) a third pair of shoes (c) a video game (d) a school uniform
37. 37.🔍 Which is the odd one out? (a) a school uniform (b) notebooks for school (c) a fancy phone cover (d) bus fare to school
38. 38.True or false: “a warm blanket” is a want. (a) False (b) True
39. 39.🛒 Need or want: bus fare to school? (a) a want (b) a need
40. 40.🛒 A family has little money. What should it buy first? (a) the costliest thing (b) the wants (c) the most fun thing (d) the needs

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