Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 488 · 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.☔ In the monsoon, which would sell best at a school gate? (a) umbrellas and raincoats (b) ice lollies (c) woollen sweaters (d) paper kites
2. 2.❄️ On a cold winter morning, which stall would most people want? (a) water guns (b) ice lollies (c) hot drinks (d) paper fans
3. 3.🛒 Need or want: a roof over your head? (a) a want (b) a need
4. 4.🛒 Need or want: rice and dal? (a) a need (b) a want
5. 5.🛒 Need or want: a video game? (a) a want (b) a need
6. 6.🔍 Which is the odd one out? (a) a toy robot (b) sweets every day (c) rice and dal (d) a third pair of shoes
7. 7.🛒 Need or want: designer sunglasses? (a) a need (b) a want
8. 8.🛒 A family has little money. What should it buy first? (a) the needs (b) the wants (c) the most fun thing (d) the costliest thing
9. 9.True or false: “a school uniform” is a want. (a) True (b) False
10. 10.🛒 Need or want: bus fare to school? (a) a want (b) a need
11. 11.Which of these is a need? (a) sweets every day (b) medicine when ill (c) designer sunglasses (d) a video game
12. 12.True or false: “a sticker album” is a want. (a) False (b) True
13. 13.True or false: “drinking water” is a want. (a) True (b) False
14. 14.True or false: “a fancy phone cover” is a need. (a) False (b) True
15. 15.🔍 Which is the odd one out? (a) a warm blanket (b) notebooks for school (c) medicine when ill (d) a toy robot
16. 16.True or false: “soap” is a want. (a) False (b) True
17. 17.🔍 Which is the odd one out? (a) a party dress (b) a fancy phone cover (c) a bigger TV (d) medicine when ill
18. 18.🛒 Need or want: a glitter pen set? (a) a want (b) a need
19. 19.🔍 Which is the odd one out? (a) notebooks for school (b) a sticker album (c) a glitter pen set (d) sweets every day
20. 20.Which of these is a want? (a) a warm blanket (b) a toy robot (c) bus fare to school (d) medicine when ill
21. 21.Which of these is a need? (a) sweets every day (b) a fancy phone cover (c) a bigger TV (d) notebooks for school
22. 22.🔍 Which is the odd one out? (a) designer sunglasses (b) a party dress (c) a roof over your head (d) a toy robot
23. 23.Which of these is a need? (a) a toy robot (b) sweets every day (c) a roof over your head (d) a video game
24. 24.Which of these is a want? (a) school shoes (b) a warm blanket (c) a bigger TV (d) soap
25. 25.True or false: “a fancy phone cover” is a want. (a) True (b) False
26. 26.🛒 Need or want: a warm blanket? (a) a want (b) a need
27. 27.Which of these is a need? (a) designer sunglasses (b) a glitter pen set (c) a fancy phone cover (d) rice and dal
28. 28.🛒 Need or want: a toy robot? (a) a want (b) a need
29. 29.True or false: “designer sunglasses” is a want. (a) False (b) True
30. 30.💡 A need is something… (a) we must have to live (b) made of plastic (c) only rich people buy (d) nice but not needed
31. 31.Which of these is a want? (a) designer sunglasses (b) medicine when ill (c) drinking water (d) a school uniform
32. 32.🎯 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
33. 33.True or false: “a warm blanket” is a want. (a) False (b) True
34. 34.True or false: “medicine when ill” is a want. (a) True (b) False
35. 35.🛒 Need or want: sweets every day? (a) a need (b) a want
36. 36.True or false: “a roof over your head” is a want. (a) True (b) False
37. 37.Which of these is a need? (a) bus fare to school (b) a sticker album (c) a toy robot (d) designer sunglasses
38. 38.True or false: “a warm blanket” is a need. (a) False (b) True
39. 39.🛍️ Why do businesses that meet needs often sell all year? (a) people always need them (b) nobody buys needs (c) needs are always free (d) needs are toys
40. 40.True or false: “a roof over your head” is a need. (a) False (b) True

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