Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 62 · 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.Which of these is a want? (a) notebooks for school (b) a warm blanket (c) a glitter pen set (d) a roof over your head
2. 2.True or false: “a glitter pen set” is a need. (a) True (b) False
3. 3.Which of these is a need? (a) a toy robot (b) a glitter pen set (c) a warm blanket (d) a third pair of shoes
4. 4.🔍 Which is the odd one out? (a) a fancy phone cover (b) a glitter pen set (c) school shoes (d) a video game
5. 5.Which of these is a need? (a) a toy robot (b) notebooks for school (c) a party dress (d) a fancy phone cover
6. 6.🔍 Which is the odd one out? (a) a fancy phone cover (b) school shoes (c) soap (d) a roof over your head
7. 7.True or false: “a sticker album” is a want. (a) True (b) False
8. 8.Which of these is a need? (a) designer sunglasses (b) rice and dal (c) a fancy phone cover (d) a toy robot
9. 9.🛒 Need or want: notebooks for school? (a) a want (b) a need
10. 10.🛒 Need or want: a school uniform? (a) a want (b) a need
11. 11.🔍 Which is the odd one out? (a) a sticker album (b) sweets every day (c) designer sunglasses (d) bus fare to school
12. 12.🛒 Need or want: a fancy phone cover? (a) a want (b) a need
13. 13.True or false: “a toy robot” is a need. (a) False (b) True
14. 14.🎯 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
15. 15.🛍️ Why do businesses that meet needs often sell all year? (a) needs are toys (b) needs are always free (c) people always need them (d) nobody buys needs
16. 16.☔ In the monsoon, which would sell best at a school gate? (a) umbrellas and raincoats (b) woollen sweaters (c) ice lollies (d) paper kites
17. 17.🛒 Need or want: a roof over your head? (a) a need (b) a want
18. 18.🛒 Need or want: sweets every day? (a) a need (b) a want
19. 19.Which of these is a need? (a) a video game (b) soap (c) a third pair of shoes (d) a sticker album
20. 20.True or false: “a fancy phone cover” is a need. (a) True (b) False
21. 21.🔍 Which is the odd one out? (a) medicine when ill (b) bus fare to school (c) a roof over your head (d) a party dress
22. 22.Which of these is a need? (a) a third pair of shoes (b) a roof over your head (c) designer sunglasses (d) a party dress
23. 23.🛒 Need or want: drinking water? (a) a want (b) a need
24. 24.🔍 Which is the odd one out? (a) a roof over your head (b) drinking water (c) soap (d) a bigger TV
25. 25.Which of these is a want? (a) a third pair of shoes (b) a roof over your head (c) soap (d) medicine when ill
26. 26.True or false: “medicine when ill” is a want. (a) False (b) True
27. 27.Which of these is a need? (a) a party dress (b) a video game (c) a school uniform (d) a bigger TV
28. 28.❄️ On a cold winter morning, which stall would most people want? (a) paper fans (b) ice lollies (c) hot drinks (d) water guns
29. 29.🛒 Need or want: bus fare to school? (a) a need (b) a want
30. 30.🍱 A tiffin service mostly meets which? (a) nothing at all (b) a want: toys (c) a want: games (d) a need: food
31. 31.True or false: “a sticker album” is a need. (a) True (b) False
32. 32.🔍 Which is the odd one out? (a) sweets every day (b) a toy robot (c) a warm blanket (d) a glitter pen set
33. 33.🔍 Which is the odd one out? (a) drinking water (b) sweets every day (c) medicine when ill (d) rice and dal
34. 34.💡 A need is something… (a) we must have to live (b) only rich people buy (c) made of plastic (d) nice but not needed
35. 35.🔍 Which is the odd one out? (a) medicine when ill (b) a warm blanket (c) a toy robot (d) a roof over your head
36. 36.Which of these is a want? (a) soap (b) a school uniform (c) sweets every day (d) bus fare to school
37. 37.🔍 Which is the odd one out? (a) a video game (b) designer sunglasses (c) a party dress (d) notebooks for school
38. 38.🔍 Which is the odd one out? (a) a sticker album (b) a video game (c) a third pair of shoes (d) medicine when ill
39. 39.🔍 Which is the odd one out? (a) a sticker album (b) a bigger TV (c) a roof over your head (d) a video game
40. 40.True or false: “sweets every day” is a need. (a) False (b) True

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