Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 473 · 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) we must have to live (b) nice but not needed (c) only rich people buy (d) made of plastic
2. 2.True or false: “sweets every day” is a want. (a) False (b) True
3. 3.🛒 Need or want: bus fare to school? (a) a want (b) a need
4. 4.Which of these is a want? (a) a warm blanket (b) drinking water (c) school shoes (d) a sticker album
5. 5.🔍 Which is the odd one out? (a) drinking water (b) a school uniform (c) rice and dal (d) designer sunglasses
6. 6.True or false: “a fancy phone cover” is a want. (a) False (b) True
7. 7.🛒 Need or want: medicine when ill? (a) a need (b) a want
8. 8.🛒 Need or want: a bigger TV? (a) a need (b) a want
9. 9.Which of these is a need? (a) a video game (b) designer sunglasses (c) a fancy phone cover (d) rice and dal
10. 10.True or false: “school shoes” is a need. (a) True (b) False
11. 11.☔ In the monsoon, which would sell best at a school gate? (a) umbrellas and raincoats (b) paper kites (c) woollen sweaters (d) ice lollies
12. 12.Which of these is a need? (a) a toy robot (b) a video game (c) a sticker album (d) bus fare to school
13. 13.🎯 A want can still be a good business when… (a) it is not safe (b) nobody likes it (c) it breaks the rules (d) many people want it
14. 14.True or false: “a warm blanket” is a want. (a) True (b) False
15. 15.Which of these is a want? (a) bus fare to school (b) notebooks for school (c) a fancy phone cover (d) drinking water
16. 16.🔍 Which is the odd one out? (a) a sticker album (b) a toy robot (c) soap (d) a bigger TV
17. 17.🔍 Which is the odd one out? (a) designer sunglasses (b) a bigger TV (c) a glitter pen set (d) a school uniform
18. 18.🛒 Need or want: sweets every day? (a) a need (b) a want
19. 19.Which of these is a need? (a) a fancy phone cover (b) a glitter pen set (c) designer sunglasses (d) a warm blanket
20. 20.Which of these is a need? (a) drinking water (b) a video game (c) sweets every day (d) a sticker album
21. 21.🛍️ Why do businesses that meet needs often sell all year? (a) nobody buys needs (b) people always need them (c) needs are toys (d) needs are always free
22. 22.❄️ On a cold winter morning, which stall would most people want? (a) hot drinks (b) paper fans (c) water guns (d) ice lollies
23. 23.Which of these is a need? (a) a video game (b) a third pair of shoes (c) a school uniform (d) designer sunglasses
24. 24.🛒 Need or want: soap? (a) a need (b) a want
25. 25.🔍 Which is the odd one out? (a) a fancy phone cover (b) a toy robot (c) drinking water (d) a video game
26. 26.🔍 Which is the odd one out? (a) a video game (b) school shoes (c) a toy robot (d) a glitter pen set
27. 27.🛒 Need or want: notebooks for school? (a) a want (b) a need
28. 28.🛒 Need or want: a glitter pen set? (a) a need (b) a want
29. 29.Which of these is a want? (a) notebooks for school (b) bus fare to school (c) a roof over your head (d) a bigger TV
30. 30.Which of these is a want? (a) a video game (b) school shoes (c) a roof over your head (d) bus fare to school
31. 31.🛒 Need or want: school shoes? (a) a want (b) a need
32. 32.True or false: “medicine when ill” is a want. (a) False (b) True
33. 33.Which of these is a need? (a) a roof over your head (b) a party dress (c) a bigger TV (d) a sticker album
34. 34.Which of these is a want? (a) a toy robot (b) drinking water (c) notebooks for school (d) a roof over your head
35. 35.🔍 Which is the odd one out? (a) a glitter pen set (b) soap (c) rice and dal (d) bus fare to school
36. 36.True or false: “a toy robot” is a want. (a) True (b) False
37. 37.Which of these is a want? (a) a warm blanket (b) designer sunglasses (c) notebooks for school (d) a school uniform
38. 38.Which of these is a need? (a) sweets every day (b) a video game (c) soap (d) a glitter pen set
39. 39.🔍 Which is the odd one out? (a) a roof over your head (b) school shoes (c) a warm blanket (d) a bigger TV
40. 40.🛒 Need or want: a sticker album? (a) a want (b) a need

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