Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 474 · 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.🛒 Need or want: a video game? (a) a want (b) a need
2. 2.True or false: “rice and dal” is a want. (a) True (b) False
3. 3.True or false: “medicine when ill” is a want. (a) True (b) False
4. 4.Which of these is a want? (a) medicine when ill (b) a toy robot (c) drinking water (d) school shoes
5. 5.True or false: “designer sunglasses” is a need. (a) False (b) True
6. 6.☔ In the monsoon, which would sell best at a school gate? (a) woollen sweaters (b) umbrellas and raincoats (c) ice lollies (d) paper kites
7. 7.Which of these is a want? (a) a party dress (b) a school uniform (c) bus fare to school (d) drinking water
8. 8.Which of these is a want? (a) rice and dal (b) drinking water (c) soap (d) designer sunglasses
9. 9.Which of these is a need? (a) a video game (b) a bigger TV (c) a glitter pen set (d) a school uniform
10. 10.Which of these is a want? (a) rice and dal (b) a warm blanket (c) a sticker album (d) school shoes
11. 11.💡 A need is something… (a) only rich people buy (b) nice but not needed (c) we must have to live (d) made of plastic
12. 12.Which of these is a need? (a) a glitter pen set (b) a party dress (c) soap (d) sweets every day
13. 13.❄️ On a cold winter morning, which stall would most people want? (a) ice lollies (b) hot drinks (c) paper fans (d) water guns
14. 14.Which of these is a need? (a) designer sunglasses (b) a third pair of shoes (c) bus fare to school (d) a toy robot
15. 15.🛒 Need or want: a school uniform? (a) a want (b) a need
16. 16.True or false: “school shoes” is a want. (a) True (b) False
17. 17.🍱 A tiffin service mostly meets which? (a) a want: games (b) a want: toys (c) a need: food (d) nothing at all
18. 18.🛍️ Why do businesses that meet needs often sell all year? (a) people always need them (b) needs are toys (c) needs are always free (d) nobody buys needs
19. 19.🛒 Need or want: a warm blanket? (a) a need (b) a want
20. 20.🛒 A family has little money. What should it buy first? (a) the needs (b) the costliest thing (c) the most fun thing (d) the wants
21. 21.True or false: “a third pair of shoes” is a want. (a) False (b) True
22. 22.🔍 Which is the odd one out? (a) a glitter pen set (b) a party dress (c) a warm blanket (d) a toy robot
23. 23.True or false: “notebooks for school” is a want. (a) True (b) False
24. 24.🛒 Need or want: soap? (a) a need (b) a want
25. 25.🔍 Which is the odd one out? (a) bus fare to school (b) drinking water (c) a warm blanket (d) a third pair of shoes
26. 26.True or false: “a school uniform” is a need. (a) True (b) False
27. 27.🎯 A want can still be a good business when… (a) it breaks the rules (b) it is not safe (c) nobody likes it (d) many people want it
28. 28.🔍 Which is the odd one out? (a) a sticker album (b) drinking water (c) a video game (d) a toy robot
29. 29.Which of these is a want? (a) bus fare to school (b) a bigger TV (c) soap (d) a warm blanket
30. 30.Which of these is a need? (a) a bigger TV (b) a glitter pen set (c) a toy robot (d) a warm blanket
31. 31.🛒 Need or want: designer sunglasses? (a) a want (b) a need
32. 32.🛒 Need or want: a bigger TV? (a) a want (b) a need
33. 33.True or false: “a roof over your head” is a want. (a) True (b) False
34. 34.🛒 Need or want: a glitter pen set? (a) a need (b) a want
35. 35.🛒 Need or want: rice and dal? (a) a want (b) a need
36. 36.True or false: “a third pair of shoes” is a need. (a) False (b) True
37. 37.🛒 Need or want: a fancy phone cover? (a) a want (b) a need
38. 38.Which of these is a need? (a) a fancy phone cover (b) a toy robot (c) a roof over your head (d) a glitter pen set
39. 39.Which of these is a want? (a) school shoes (b) bus fare to school (c) a fancy phone cover (d) soap
40. 40.True or false: “a party dress” is a want. (a) False (b) True

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