Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 65 · 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) bus fare to school (b) a roof over your head (c) a sticker album (d) a school uniform
2. 2.🛒 Need or want: a glitter pen set? (a) a want (b) a need
3. 3.🔍 Which is the odd one out? (a) a third pair of shoes (b) a warm blanket (c) notebooks for school (d) rice and dal
4. 4.❄️ On a cold winter morning, which stall would most people want? (a) paper fans (b) hot drinks (c) water guns (d) ice lollies
5. 5.True or false: “rice and dal” is a want. (a) False (b) True
6. 6.🛒 Need or want: drinking water? (a) a want (b) a need
7. 7.Which of these is a want? (a) bus fare to school (b) medicine when ill (c) a roof over your head (d) a video game
8. 8.🛒 Need or want: a party dress? (a) a need (b) a want
9. 9.🛒 Need or want: medicine when ill? (a) a need (b) a want
10. 10.Which of these is a want? (a) school shoes (b) a fancy phone cover (c) drinking water (d) rice and dal
11. 11.🛍️ Why do businesses that meet needs often sell all year? (a) needs are always free (b) needs are toys (c) nobody buys needs (d) people always need them
12. 12.🔍 Which is the odd one out? (a) a toy robot (b) medicine when ill (c) a third pair of shoes (d) a bigger TV
13. 13.Which of these is a need? (a) rice and dal (b) designer sunglasses (c) a bigger TV (d) a fancy phone cover
14. 14.True or false: “drinking water” is a want. (a) True (b) False
15. 15.🛒 Need or want: a video game? (a) a need (b) a want
16. 16.🎯 A want can still be a good business when… (a) it is not safe (b) it breaks the rules (c) many people want it (d) nobody likes it
17. 17.True or false: “soap” is a need. (a) True (b) False
18. 18.True or false: “notebooks for school” is a need. (a) True (b) False
19. 19.Which of these is a need? (a) a toy robot (b) a fancy phone cover (c) a party dress (d) medicine when ill
20. 20.True or false: “drinking water” is a need. (a) False (b) True
21. 21.🛒 Need or want: a roof over your head? (a) a want (b) a need
22. 22.True or false: “a sticker album” is a want. (a) False (b) True
23. 23.Which of these is a want? (a) school shoes (b) soap (c) sweets every day (d) drinking water
24. 24.Which of these is a need? (a) designer sunglasses (b) a warm blanket (c) sweets every day (d) a sticker album
25. 25.Which of these is a want? (a) bus fare to school (b) a bigger TV (c) a roof over your head (d) rice and dal
26. 26.🛒 Need or want: a bigger TV? (a) a need (b) a want
27. 27.🛒 Need or want: a toy robot? (a) a want (b) a need
28. 28.☔ In the monsoon, which would sell best at a school gate? (a) ice lollies (b) umbrellas and raincoats (c) paper kites (d) woollen sweaters
29. 29.True or false: “notebooks for school” is a want. (a) True (b) False
30. 30.True or false: “a bigger TV” is a need. (a) False (b) True
31. 31.🍱 A tiffin service mostly meets which? (a) a want: toys (b) nothing at all (c) a want: games (d) a need: food
32. 32.🛒 Need or want: sweets every day? (a) a want (b) a need
33. 33.🔍 Which is the odd one out? (a) a warm blanket (b) notebooks for school (c) a sticker album (d) rice and dal
34. 34.🔍 Which is the odd one out? (a) a fancy phone cover (b) a glitter pen set (c) a roof over your head (d) a party dress
35. 35.🛒 Need or want: soap? (a) a want (b) a need
36. 36.Which of these is a want? (a) a glitter pen set (b) rice and dal (c) drinking water (d) medicine when ill
37. 37.🔍 Which is the odd one out? (a) a sticker album (b) school shoes (c) a bigger TV (d) a third pair of shoes
38. 38.🛒 Need or want: rice and dal? (a) a need (b) a want
39. 39.🛒 Need or want: notebooks for school? (a) a need (b) a want
40. 40.🔍 Which is the odd one out? (a) a glitter pen set (b) a sticker album (c) notebooks for school (d) designer sunglasses

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