Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 501 · 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.🛍️ Why do businesses that meet needs often sell all year? (a) needs are always free (b) people always need them (c) nobody buys needs (d) needs are toys
2. 2.💡 A need is something… (a) made of plastic (b) nice but not needed (c) only rich people buy (d) we must have to live
3. 3.Which of these is a need? (a) a video game (b) a warm blanket (c) a glitter pen set (d) a party dress
4. 4.🔍 Which is the odd one out? (a) soap (b) school shoes (c) drinking water (d) a third pair of shoes
5. 5.Which of these is a need? (a) a fancy phone cover (b) sweets every day (c) a roof over your head (d) a party dress
6. 6.True or false: “a video game” is a need. (a) False (b) True
7. 7.🎯 A want can still be a good business when… (a) many people want it (b) nobody likes it (c) it breaks the rules (d) it is not safe
8. 8.🛒 Need or want: a third pair of shoes? (a) a need (b) a want
9. 9.Which of these is a want? (a) a school uniform (b) a bigger TV (c) a warm blanket (d) drinking water
10. 10.🛒 Need or want: sweets every day? (a) a want (b) a need
11. 11.Which of these is a want? (a) a school uniform (b) a glitter pen set (c) medicine when ill (d) school shoes
12. 12.🔍 Which is the odd one out? (a) a toy robot (b) a third pair of shoes (c) rice and dal (d) a sticker album
13. 13.True or false: “a third pair of shoes” is a want. (a) False (b) True
14. 14.🛒 Need or want: drinking water? (a) a need (b) a want
15. 15.Which of these is a need? (a) a sticker album (b) a fancy phone cover (c) a school uniform (d) a bigger TV
16. 16.☔ In the monsoon, which would sell best at a school gate? (a) woollen sweaters (b) paper kites (c) ice lollies (d) umbrellas and raincoats
17. 17.True or false: “a roof over your head” is a need. (a) False (b) True
18. 18.True or false: “medicine when ill” is a want. (a) True (b) False
19. 19.🛒 Need or want: soap? (a) a need (b) a want
20. 20.🔍 Which is the odd one out? (a) a video game (b) a toy robot (c) notebooks for school (d) a glitter pen set
21. 21.Which of these is a want? (a) medicine when ill (b) a fancy phone cover (c) bus fare to school (d) rice and dal
22. 22.🛒 Need or want: medicine when ill? (a) a need (b) a want
23. 23.Which of these is a need? (a) a fancy phone cover (b) sweets every day (c) medicine when ill (d) a toy robot
24. 24.True or false: “a school uniform” is a need. (a) False (b) True
25. 25.True or false: “a glitter pen set” is a want. (a) False (b) True
26. 26.Which of these is a want? (a) sweets every day (b) a roof over your head (c) bus fare to school (d) notebooks for school
27. 27.Which of these is a need? (a) a fancy phone cover (b) designer sunglasses (c) sweets every day (d) school shoes
28. 28.🔍 Which is the odd one out? (a) a party dress (b) medicine when ill (c) soap (d) school shoes
29. 29.🔍 Which is the odd one out? (a) rice and dal (b) bus fare to school (c) sweets every day (d) notebooks for school
30. 30.🛒 Need or want: a glitter pen set? (a) a want (b) a need
31. 31.True or false: “drinking water” is a need. (a) True (b) False
32. 32.Which of these is a want? (a) a toy robot (b) a warm blanket (c) soap (d) a roof over your head
33. 33.🛒 A family has little money. What should it buy first? (a) the costliest thing (b) the needs (c) the most fun thing (d) the wants
34. 34.❄️ On a cold winter morning, which stall would most people want? (a) hot drinks (b) paper fans (c) water guns (d) ice lollies
35. 35.True or false: “a sticker album” is a need. (a) True (b) False
36. 36.🛒 Need or want: notebooks for school? (a) a need (b) a want
37. 37.🔍 Which is the odd one out? (a) a warm blanket (b) rice and dal (c) soap (d) a bigger TV
38. 38.🛒 Need or want: a toy robot? (a) a want (b) a need
39. 39.True or false: “a video game” is a want. (a) True (b) False
40. 40.🔍 Which is the odd one out? (a) a school uniform (b) bus fare to school (c) a fancy phone cover (d) school shoes

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