Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 585 · 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 need is something… (a) nice but not needed (b) only rich people buy (c) we must have to live (d) made of plastic
2. 2.🛒 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
3. 3.🔍 Which is the odd one out? (a) a video game (b) designer sunglasses (c) notebooks for school (d) a fancy phone cover
4. 4.❄️ On a cold winter morning, which stall would most people want? (a) paper fans (b) water guns (c) ice lollies (d) hot drinks
5. 5.🛒 Need or want: a warm blanket? (a) a need (b) a want
6. 6.🛍️ Why do businesses that meet needs often sell all year? (a) nobody buys needs (b) needs are toys (c) people always need them (d) needs are always free
7. 7.🛒 Need or want: a school uniform? (a) a need (b) a want
8. 8.🎯 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
9. 9.🔍 Which is the odd one out? (a) a party dress (b) a sticker album (c) soap (d) a glitter pen set
10. 10.🔍 Which is the odd one out? (a) a glitter pen set (b) a school uniform (c) a video game (d) a bigger TV
11. 11.🔍 Which is the odd one out? (a) a fancy phone cover (b) rice and dal (c) a warm blanket (d) drinking water
12. 12.Which of these is a need? (a) a glitter pen set (b) a bigger TV (c) drinking water (d) designer sunglasses
13. 13.☔ In the monsoon, which would sell best at a school gate? (a) woollen sweaters (b) umbrellas and raincoats (c) paper kites (d) ice lollies
14. 14.🛒 Need or want: a bigger TV? (a) a need (b) a want
15. 15.🛒 Need or want: drinking water? (a) a need (b) a want
16. 16.True or false: “a third pair of shoes” is a need. (a) False (b) True
17. 17.🛒 Need or want: a glitter pen set? (a) a need (b) a want
18. 18.True or false: “sweets every day” is a want. (a) False (b) True
19. 19.True or false: “designer sunglasses” is a want. (a) True (b) False
20. 20.Which of these is a want? (a) a fancy phone cover (b) a warm blanket (c) notebooks for school (d) soap
21. 21.Which of these is a want? (a) a warm blanket (b) a sticker album (c) rice and dal (d) a school uniform
22. 22.True or false: “a third pair of shoes” is a want. (a) True (b) False
23. 23.True or false: “a video game” is a need. (a) True (b) False
24. 24.🛒 Need or want: rice and dal? (a) a need (b) a want
25. 25.Which of these is a need? (a) a roof over your head (b) a fancy phone cover (c) a sticker album (d) a toy robot
26. 26.🛒 Need or want: a fancy phone cover? (a) a need (b) a want
27. 27.True or false: “a party dress” is a want. (a) True (b) False
28. 28.True or false: “a bigger TV” is a need. (a) True (b) False
29. 29.True or false: “a school uniform” is a want. (a) True (b) False
30. 30.🛒 Need or want: bus fare to school? (a) a want (b) a need
31. 31.Which of these is a need? (a) a bigger TV (b) sweets every day (c) a glitter pen set (d) notebooks for school
32. 32.True or false: “soap” is a want. (a) True (b) False
33. 33.True or false: “school shoes” is a want. (a) True (b) False
34. 34.True or false: “a roof over your head” is a want. (a) True (b) False
35. 35.🔍 Which is the odd one out? (a) a warm blanket (b) rice and dal (c) medicine when ill (d) a party dress
36. 36.🛒 Need or want: a toy robot? (a) a want (b) a need
37. 37.🔍 Which is the odd one out? (a) sweets every day (b) a party dress (c) a third pair of shoes (d) bus fare to school
38. 38.🔍 Which is the odd one out? (a) a school uniform (b) a video game (c) medicine when ill (d) bus fare to school
39. 39.🛒 Need or want: a video game? (a) a need (b) a want
40. 40.True or false: “notebooks for school” is a need. (a) False (b) True

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