Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 64 · 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: “a third pair of shoes” is a want. (a) False (b) True
2. 2.Which of these is a need? (a) soap (b) a sticker album (c) a party dress (d) a third pair of shoes
3. 3.🛒 Need or want: a bigger TV? (a) a need (b) a want
4. 4.Which of these is a need? (a) a roof over your head (b) a video game (c) a third pair of shoes (d) designer sunglasses
5. 5.🔍 Which is the odd one out? (a) sweets every day (b) a bigger TV (c) a sticker album (d) drinking water
6. 6.🔍 Which is the odd one out? (a) designer sunglasses (b) a fancy phone cover (c) a toy robot (d) medicine when ill
7. 7.Which of these is a need? (a) a glitter pen set (b) a sticker album (c) a third pair of shoes (d) rice and dal
8. 8.🔍 Which is the odd one out? (a) a sticker album (b) soap (c) rice and dal (d) school shoes
9. 9.True or false: “rice and dal” is a want. (a) False (b) True
10. 10.🍱 A tiffin service mostly meets which? (a) a want: toys (b) a need: food (c) nothing at all (d) a want: games
11. 11.🛒 Need or want: a glitter pen set? (a) a need (b) a want
12. 12.🛒 Need or want: rice and dal? (a) a want (b) a need
13. 13.☔ In the monsoon, which would sell best at a school gate? (a) paper kites (b) umbrellas and raincoats (c) woollen sweaters (d) ice lollies
14. 14.Which of these is a want? (a) designer sunglasses (b) school shoes (c) rice and dal (d) drinking water
15. 15.❄️ On a cold winter morning, which stall would most people want? (a) paper fans (b) water guns (c) ice lollies (d) hot drinks
16. 16.True or false: “a bigger TV” is a need. (a) True (b) False
17. 17.🛒 Need or want: a third pair of shoes? (a) a need (b) a want
18. 18.True or false: “soap” is a want. (a) False (b) True
19. 19.🎯 A want can still be a good business when… (a) many people want it (b) nobody likes it (c) it is not safe (d) it breaks the rules
20. 20.Which of these is a want? (a) sweets every day (b) a warm blanket (c) drinking water (d) notebooks for school
21. 21.🛒 Need or want: sweets every day? (a) a want (b) a need
22. 22.Which of these is a need? (a) a fancy phone cover (b) a third pair of shoes (c) medicine when ill (d) a sticker album
23. 23.💡 A need is something… (a) only rich people buy (b) we must have to live (c) nice but not needed (d) made of plastic
24. 24.🔍 Which is the odd one out? (a) sweets every day (b) soap (c) a party dress (d) a glitter pen set
25. 25.True or false: “designer sunglasses” is a need. (a) False (b) True
26. 26.Which of these is a want? (a) a school uniform (b) a roof over your head (c) soap (d) a sticker album
27. 27.🛒 Need or want: a fancy phone cover? (a) a want (b) a need
28. 28.True or false: “a party dress” is a need. (a) False (b) True
29. 29.🛒 Need or want: designer sunglasses? (a) a need (b) a want
30. 30.🛒 A family has little money. What should it buy first? (a) the most fun thing (b) the wants (c) the needs (d) the costliest thing
31. 31.True or false: “a bigger TV” is a want. (a) False (b) True
32. 32.Which of these is a want? (a) bus fare to school (b) a video game (c) a school uniform (d) a warm blanket
33. 33.Which of these is a need? (a) school shoes (b) a sticker album (c) a video game (d) a third pair of shoes
34. 34.True or false: “a warm blanket” is a want. (a) True (b) False
35. 35.Which of these is a need? (a) a third pair of shoes (b) a fancy phone cover (c) a school uniform (d) a bigger TV
36. 36.🛒 Need or want: a video game? (a) a need (b) a want
37. 37.🔍 Which is the odd one out? (a) bus fare to school (b) notebooks for school (c) medicine when ill (d) sweets every day
38. 38.🛒 Need or want: notebooks for school? (a) a need (b) a want
39. 39.True or false: “a glitter pen set” is a need. (a) True (b) False
40. 40.🛒 Need or want: a warm blanket? (a) a want (b) a need

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