Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 50 · 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 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
2. 2.True or false: “school shoes” is a want. (a) True (b) False
3. 3.True or false: “a toy robot” is a need. (a) False (b) True
4. 4.Which of these is a need? (a) a party dress (b) soap (c) a third pair of shoes (d) a video game
5. 5.🛒 Need or want: bus fare to school? (a) a need (b) a want
6. 6.🔍 Which is the odd one out? (a) a sticker album (b) a roof over your head (c) drinking water (d) a warm blanket
7. 7.🔍 Which is the odd one out? (a) a fancy phone cover (b) a toy robot (c) a roof over your head (d) a party dress
8. 8.True or false: “drinking water” is a want. (a) True (b) False
9. 9.❄️ On a cold winter morning, which stall would most people want? (a) water guns (b) ice lollies (c) paper fans (d) hot drinks
10. 10.🛒 Need or want: a third pair of shoes? (a) a need (b) a want
11. 11.🔍 Which is the odd one out? (a) sweets every day (b) a party dress (c) a fancy phone cover (d) notebooks for school
12. 12.True or false: “drinking water” is a need. (a) False (b) True
13. 13.🛒 Need or want: a warm blanket? (a) a need (b) a want
14. 14.🛒 Need or want: rice and dal? (a) a want (b) a need
15. 15.Which of these is a want? (a) soap (b) a fancy phone cover (c) rice and dal (d) a school uniform
16. 16.True or false: “a fancy phone cover” is a need. (a) True (b) False
17. 17.🛒 Need or want: a roof over your head? (a) a want (b) a need
18. 18.🛍️ Why do businesses that meet needs often sell all year? (a) needs are always free (b) people always need them (c) needs are toys (d) nobody buys needs
19. 19.🔍 Which is the odd one out? (a) a party dress (b) a video game (c) bus fare to school (d) a fancy phone cover
20. 20.☔ In the monsoon, which would sell best at a school gate? (a) woollen sweaters (b) paper kites (c) ice lollies (d) umbrellas and raincoats
21. 21.Which of these is a need? (a) a glitter pen set (b) sweets every day (c) rice and dal (d) a fancy phone cover
22. 22.🔍 Which is the odd one out? (a) notebooks for school (b) a warm blanket (c) school shoes (d) designer sunglasses
23. 23.💡 A need is something… (a) made of plastic (b) nice but not needed (c) only rich people buy (d) we must have to live
24. 24.Which of these is a need? (a) notebooks for school (b) a sticker album (c) designer sunglasses (d) a bigger TV
25. 25.🛒 Need or want: a party dress? (a) a want (b) a need
26. 26.🛒 Need or want: sweets every day? (a) a need (b) a want
27. 27.🔍 Which is the odd one out? (a) soap (b) notebooks for school (c) drinking water (d) a third pair of shoes
28. 28.🛒 Need or want: designer sunglasses? (a) a need (b) a want
29. 29.🛒 Need or want: a video game? (a) a need (b) a want
30. 30.True or false: “a toy robot” is a want. (a) True (b) False
31. 31.🔍 Which is the odd one out? (a) drinking water (b) soap (c) a glitter pen set (d) a roof over your head
32. 32.Which of these is a want? (a) medicine when ill (b) a party dress (c) notebooks for school (d) a warm blanket
33. 33.True or false: “notebooks for school” is a want. (a) False (b) True
34. 34.True or false: “designer sunglasses” is a need. (a) True (b) False
35. 35.Which of these is a want? (a) rice and dal (b) a video game (c) drinking water (d) a warm blanket
36. 36.True or false: “soap” is a want. (a) True (b) False
37. 37.Which of these is a need? (a) a sticker album (b) a warm blanket (c) a toy robot (d) a video game
38. 38.True or false: “soap” is a need. (a) True (b) False
39. 39.True or false: “a sticker album” is a need. (a) True (b) False
40. 40.True or false: “a glitter pen set” is a need. (a) True (b) False

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