Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 552 · 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.True or false: “soap” is a want. (a) False (b) True
2. 2.True or false: “soap” is a need. (a) False (b) True
3. 3.🔍 Which is the odd one out? (a) a third pair of shoes (b) drinking water (c) a warm blanket (d) rice and dal
4. 4.True or false: “a school uniform” is a need. (a) True (b) False
5. 5.Which of these is a need? (a) designer sunglasses (b) a bigger TV (c) a party dress (d) a warm blanket
6. 6.🔍 Which is the odd one out? (a) school shoes (b) a roof over your head (c) sweets every day (d) medicine when ill
7. 7.🛒 Need or want: a party dress? (a) a need (b) a want
8. 8.💡 A need is something… (a) made of plastic (b) nice but not needed (c) we must have to live (d) only rich people buy
9. 9.True or false: “sweets every day” is a need. (a) False (b) True
10. 10.☔ In the monsoon, which would sell best at a school gate? (a) paper kites (b) umbrellas and raincoats (c) woollen sweaters (d) ice lollies
11. 11.True or false: “school shoes” is a need. (a) False (b) True
12. 12.Which of these is a need? (a) sweets every day (b) a glitter pen set (c) school shoes (d) a toy robot
13. 13.🛒 Need or want: school shoes? (a) a need (b) a want
14. 14.True or false: “a roof over your head” is a want. (a) True (b) False
15. 15.🔍 Which is the odd one out? (a) a warm blanket (b) a fancy phone cover (c) a third pair of shoes (d) designer sunglasses
16. 16.🛒 Need or want: medicine when ill? (a) a want (b) a need
17. 17.🛒 Need or want: a third pair of shoes? (a) a need (b) a want
18. 18.True or false: “a bigger TV” is a want. (a) False (b) True
19. 19.🛒 Need or want: a glitter pen set? (a) a need (b) a want
20. 20.🔍 Which is the odd one out? (a) school shoes (b) a party dress (c) designer sunglasses (d) a third pair of shoes
21. 21.Which of these is a want? (a) school shoes (b) a toy robot (c) notebooks for school (d) rice and dal
22. 22.Which of these is a want? (a) a school uniform (b) a warm blanket (c) a glitter pen set (d) rice and dal
23. 23.Which of these is a want? (a) a warm blanket (b) notebooks for school (c) school shoes (d) a video game
24. 24.True or false: “medicine when ill” is a want. (a) False (b) True
25. 25.🛒 Need or want: a roof over your head? (a) a want (b) a need
26. 26.❄️ On a cold winter morning, which stall would most people want? (a) paper fans (b) hot drinks (c) water guns (d) ice lollies
27. 27.Which of these is a want? (a) a school uniform (b) a fancy phone cover (c) rice and dal (d) a roof over your head
28. 28.🎯 A want can still be a good business when… (a) it is not safe (b) it breaks the rules (c) nobody likes it (d) many people want it
29. 29.True or false: “school shoes” is a want. (a) False (b) True
30. 30.🍱 A tiffin service mostly meets which? (a) nothing at all (b) a want: games (c) a want: toys (d) a need: food
31. 31.True or false: “bus fare to school” is a want. (a) True (b) False
32. 32.Which of these is a need? (a) designer sunglasses (b) a sticker album (c) a video game (d) a roof over your head
33. 33.True or false: “a warm blanket” is a want. (a) True (b) False
34. 34.Which of these is a want? (a) bus fare to school (b) a school uniform (c) drinking water (d) a sticker album
35. 35.Which of these is a need? (a) sweets every day (b) a glitter pen set (c) a fancy phone cover (d) medicine when ill
36. 36.🛍️ Why do businesses that meet needs often sell all year? (a) needs are toys (b) needs are always free (c) nobody buys needs (d) people always need them
37. 37.🛒 Need or want: a warm blanket? (a) a want (b) a need
38. 38.🔍 Which is the odd one out? (a) notebooks for school (b) a sticker album (c) school shoes (d) rice and dal
39. 39.Which of these is a want? (a) a warm blanket (b) notebooks for school (c) a roof over your head (d) a bigger TV
40. 40.🔍 Which is the odd one out? (a) drinking water (b) a bigger TV (c) a party dress (d) a fancy phone cover

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