Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 627 · 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.Which of these is a want? (a) soap (b) a video game (c) school shoes (d) rice and dal
3. 3.🔍 Which is the odd one out? (a) medicine when ill (b) drinking water (c) a third pair of shoes (d) a school uniform
4. 4.True or false: “a fancy phone cover” is a want. (a) True (b) False
5. 5.🔍 Which is the odd one out? (a) a glitter pen set (b) a third pair of shoes (c) medicine when ill (d) a bigger TV
6. 6.🎯 A want can still be a good business when… (a) nobody likes it (b) it is not safe (c) many people want it (d) it breaks the rules
7. 7.🔍 Which is the odd one out? (a) soap (b) a glitter pen set (c) a school uniform (d) a warm blanket
8. 8.💡 A need is something… (a) nice but not needed (b) we must have to live (c) made of plastic (d) only rich people buy
9. 9.🛍️ 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
10. 10.☔ In the monsoon, which would sell best at a school gate? (a) ice lollies (b) paper kites (c) umbrellas and raincoats (d) woollen sweaters
11. 11.True or false: “a video game” is a need. (a) False (b) True
12. 12.Which of these is a need? (a) a fancy phone cover (b) a sticker album (c) a glitter pen set (d) a school uniform
13. 13.🛒 A family has little money. What should it buy first? (a) the costliest thing (b) the needs (c) the wants (d) the most fun thing
14. 14.🍱 A tiffin service mostly meets which? (a) a need: food (b) a want: toys (c) a want: games (d) nothing at all
15. 15.True or false: “a school uniform” is a need. (a) True (b) False
16. 16.🛒 Need or want: a video game? (a) a need (b) a want
17. 17.🔍 Which is the odd one out? (a) a fancy phone cover (b) drinking water (c) soap (d) school shoes
18. 18.Which of these is a want? (a) drinking water (b) school shoes (c) a fancy phone cover (d) a warm blanket
19. 19.🛒 Need or want: designer sunglasses? (a) a need (b) a want
20. 20.Which of these is a need? (a) a party dress (b) notebooks for school (c) a video game (d) a bigger TV
21. 21.Which of these is a need? (a) a video game (b) a fancy phone cover (c) a glitter pen set (d) medicine when ill
22. 22.True or false: “a bigger TV” is a want. (a) False (b) True
23. 23.True or false: “medicine when ill” is a want. (a) True (b) False
24. 24.Which of these is a need? (a) a bigger TV (b) a party dress (c) drinking water (d) a video game
25. 25.🛒 Need or want: notebooks for school? (a) a want (b) a need
26. 26.Which of these is a want? (a) a school uniform (b) rice and dal (c) a bigger TV (d) drinking water
27. 27.Which of these is a want? (a) a toy robot (b) medicine when ill (c) a warm blanket (d) soap
28. 28.🔍 Which is the odd one out? (a) a sticker album (b) a toy robot (c) a roof over your head (d) a bigger TV
29. 29.Which of these is a need? (a) a video game (b) a toy robot (c) soap (d) a bigger TV
30. 30.True or false: “a sticker album” is a want. (a) False (b) True
31. 31.🛒 Need or want: school shoes? (a) a want (b) a need
32. 32.True or false: “bus fare to school” is a want. (a) True (b) False
33. 33.True or false: “a glitter pen set” is a need. (a) False (b) True
34. 34.🛒 Need or want: a warm blanket? (a) a want (b) a need
35. 35.🔍 Which is the odd one out? (a) medicine when ill (b) soap (c) a toy robot (d) bus fare to school
36. 36.🛒 Need or want: drinking water? (a) a need (b) a want
37. 37.🔍 Which is the odd one out? (a) notebooks for school (b) bus fare to school (c) medicine when ill (d) a party dress
38. 38.True or false: “a toy robot” is a need. (a) True (b) False
39. 39.🔍 Which is the odd one out? (a) notebooks for school (b) a third pair of shoes (c) a glitter pen set (d) a fancy phone cover
40. 40.Which of these is a need? (a) a glitter pen set (b) designer sunglasses (c) a party dress (d) rice and dal

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