Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 482 · 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.❄️ On a cold winter morning, which stall would most people want? (a) paper fans (b) hot drinks (c) ice lollies (d) water guns
2. 2.Which of these is a want? (a) a toy robot (b) soap (c) medicine when ill (d) school shoes
3. 3.🛒 Need or want: medicine when ill? (a) a want (b) a need
4. 4.🔍 Which is the odd one out? (a) soap (b) notebooks for school (c) a party dress (d) drinking water
5. 5.True or false: “a video game” is a want. (a) False (b) True
6. 6.Which of these is a need? (a) designer sunglasses (b) notebooks for school (c) sweets every day (d) a fancy phone cover
7. 7.True or false: “bus fare to school” is a want. (a) False (b) True
8. 8.🔍 Which is the odd one out? (a) bus fare to school (b) a school uniform (c) a warm blanket (d) a third pair of shoes
9. 9.🔍 Which is the odd one out? (a) a video game (b) a fancy phone cover (c) notebooks for school (d) a toy robot
10. 10.🔍 Which is the odd one out? (a) a warm blanket (b) a fancy phone cover (c) a third pair of shoes (d) a video game
11. 11.Which of these is a need? (a) a party dress (b) a bigger TV (c) soap (d) a fancy phone cover
12. 12.🛒 Need or want: a school uniform? (a) a need (b) a want
13. 13.🎯 A want can still be a good business when… (a) nobody likes it (b) it is not safe (c) it breaks the rules (d) many people want it
14. 14.🛒 A family has little money. What should it buy first? (a) the needs (b) the most fun thing (c) the costliest thing (d) the wants
15. 15.🔍 Which is the odd one out? (a) a third pair of shoes (b) sweets every day (c) medicine when ill (d) a bigger TV
16. 16.True or false: “soap” is a need. (a) False (b) True
17. 17.🔍 Which is the odd one out? (a) drinking water (b) rice and dal (c) a sticker album (d) soap
18. 18.🔍 Which is the odd one out? (a) drinking water (b) soap (c) school shoes (d) a fancy phone cover
19. 19.🔍 Which is the odd one out? (a) a warm blanket (b) sweets every day (c) a roof over your head (d) bus fare to school
20. 20.Which of these is a want? (a) medicine when ill (b) a warm blanket (c) soap (d) a fancy phone cover
21. 21.Which of these is a need? (a) a school uniform (b) sweets every day (c) a sticker album (d) a third pair of shoes
22. 22.True or false: “a bigger TV” is a need. (a) True (b) False
23. 23.🔍 Which is the odd one out? (a) soap (b) a roof over your head (c) a bigger TV (d) drinking water
24. 24.True or false: “a roof over your head” is a need. (a) False (b) True
25. 25.🔍 Which is the odd one out? (a) a sticker album (b) drinking water (c) designer sunglasses (d) a toy robot
26. 26.True or false: “rice and dal” is a want. (a) False (b) True
27. 27.🛒 Need or want: drinking water? (a) a want (b) a need
28. 28.Which of these is a want? (a) drinking water (b) bus fare to school (c) sweets every day (d) a warm blanket
29. 29.True or false: “notebooks for school” is a need. (a) False (b) True
30. 30.True or false: “a party dress” is a want. (a) False (b) True
31. 31.🛒 Need or want: a warm blanket? (a) a want (b) a need
32. 32.True or false: “a sticker album” is a want. (a) False (b) True
33. 33.🛒 Need or want: notebooks for school? (a) a want (b) a need
34. 34.💡 A need is something… (a) only rich people buy (b) we must have to live (c) made of plastic (d) nice but not needed
35. 35.🛒 Need or want: rice and dal? (a) a need (b) a want
36. 36.True or false: “soap” is a want. (a) False (b) True
37. 37.🛒 Need or want: school shoes? (a) a want (b) a need
38. 38.True or false: “a sticker album” is a need. (a) True (b) False
39. 39.🛒 Need or want: a glitter pen set? (a) a need (b) a want
40. 40.☔ In the monsoon, which would sell best at a school gate? (a) woollen sweaters (b) ice lollies (c) paper kites (d) umbrellas and raincoats

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