Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 500 · 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 sticker album? (a) a need (b) a want
2. 2.🛒 Need or want: school shoes? (a) a need (b) a want
3. 3.☔ In the monsoon, which would sell best at a school gate? (a) paper kites (b) umbrellas and raincoats (c) ice lollies (d) woollen sweaters
4. 4.🛒 Need or want: notebooks for school? (a) a need (b) a want
5. 5.🛒 Need or want: a toy robot? (a) a want (b) a need
6. 6.💡 A need is something… (a) we must have to live (b) made of plastic (c) nice but not needed (d) only rich people buy
7. 7.True or false: “designer sunglasses” is a want. (a) True (b) False
8. 8.🔍 Which is the odd one out? (a) medicine when ill (b) school shoes (c) a toy robot (d) drinking water
9. 9.🛒 Need or want: soap? (a) a need (b) a want
10. 10.Which of these is a want? (a) a warm blanket (b) school shoes (c) a roof over your head (d) a video game
11. 11.🛒 A family has little money. What should it buy first? (a) the most fun thing (b) the costliest thing (c) the wants (d) the needs
12. 12.True or false: “a video game” is a need. (a) True (b) False
13. 13.Which of these is a need? (a) a bigger TV (b) a toy robot (c) a warm blanket (d) a glitter pen set
14. 14.🛒 Need or want: a third pair of shoes? (a) a want (b) a need
15. 15.🛒 Need or want: bus fare to school? (a) a want (b) a need
16. 16.🛒 Need or want: drinking water? (a) a want (b) a need
17. 17.True or false: “a warm blanket” is a need. (a) False (b) True
18. 18.❄️ On a cold winter morning, which stall would most people want? (a) ice lollies (b) water guns (c) paper fans (d) hot drinks
19. 19.Which of these is a need? (a) a sticker album (b) a roof over your head (c) a party dress (d) a bigger TV
20. 20.Which of these is a need? (a) sweets every day (b) a video game (c) designer sunglasses (d) soap
21. 21.🛒 Need or want: designer sunglasses? (a) a need (b) a want
22. 22.Which of these is a need? (a) a third pair of shoes (b) drinking water (c) designer sunglasses (d) a glitter pen set
23. 23.🔍 Which is the odd one out? (a) designer sunglasses (b) a third pair of shoes (c) a toy robot (d) drinking water
24. 24.🔍 Which is the odd one out? (a) notebooks for school (b) a warm blanket (c) a bigger TV (d) school shoes
25. 25.Which of these is a want? (a) notebooks for school (b) a warm blanket (c) soap (d) sweets every day
26. 26.🛒 Need or want: a bigger TV? (a) a need (b) a want
27. 27.Which of these is a want? (a) school shoes (b) a fancy phone cover (c) soap (d) a warm blanket
28. 28.True or false: “medicine when ill” is a need. (a) False (b) True
29. 29.🔍 Which is the odd one out? (a) a third pair of shoes (b) medicine when ill (c) a toy robot (d) a sticker album
30. 30.True or false: “a fancy phone cover” is a need. (a) True (b) False
31. 31.🛒 Need or want: a video game? (a) a need (b) a want
32. 32.True or false: “medicine when ill” is a want. (a) True (b) False
33. 33.True or false: “rice and dal” is a want. (a) True (b) False
34. 34.Which of these is a want? (a) school shoes (b) rice and dal (c) a warm blanket (d) a party dress
35. 35.🛒 Need or want: a party dress? (a) a need (b) a want
36. 36.True or false: “school shoes” is a need. (a) True (b) False
37. 37.True or false: “notebooks for school” is a want. (a) False (b) True
38. 38.True or false: “a third pair of shoes” is a want. (a) True (b) False
39. 39.🛍️ Why do businesses that meet needs often sell all year? (a) people always need them (b) needs are always free (c) nobody buys needs (d) needs are toys
40. 40.True or false: “a party dress” is a want. (a) False (b) True

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