Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 67 · 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) we must have to live (b) nice but not needed (c) only rich people buy (d) made of plastic
2. 2.🔍 Which is the odd one out? (a) a third pair of shoes (b) school shoes (c) medicine when ill (d) rice and dal
3. 3.🔍 Which is the odd one out? (a) a roof over your head (b) sweets every day (c) school shoes (d) notebooks for school
4. 4.❄️ On a cold winter morning, which stall would most people want? (a) water guns (b) hot drinks (c) paper fans (d) ice lollies
5. 5.Which of these is a need? (a) a video game (b) a fancy phone cover (c) a third pair of shoes (d) school shoes
6. 6.True or false: “notebooks for school” is a want. (a) False (b) True
7. 7.🛒 Need or want: notebooks for school? (a) a need (b) a want
8. 8.🛒 Need or want: a school uniform? (a) a want (b) a need
9. 9.Which of these is a need? (a) a third pair of shoes (b) a glitter pen set (c) rice and dal (d) designer sunglasses
10. 10.🛒 Need or want: medicine when ill? (a) a want (b) a need
11. 11.True or false: “a party dress” is a want. (a) True (b) False
12. 12.🛍️ Why do businesses that meet needs often sell all year? (a) nobody buys needs (b) people always need them (c) needs are toys (d) needs are always free
13. 13.☔ In the monsoon, which would sell best at a school gate? (a) umbrellas and raincoats (b) ice lollies (c) woollen sweaters (d) paper kites
14. 14.🛒 Need or want: a fancy phone cover? (a) a want (b) a need
15. 15.True or false: “rice and dal” is a want. (a) False (b) True
16. 16.🛒 Need or want: a glitter pen set? (a) a need (b) a want
17. 17.True or false: “drinking water” is a want. (a) False (b) True
18. 18.🛒 Need or want: designer sunglasses? (a) a want (b) a need
19. 19.Which of these is a need? (a) a fancy phone cover (b) a video game (c) a warm blanket (d) a third pair of shoes
20. 20.🔍 Which is the odd one out? (a) a roof over your head (b) designer sunglasses (c) a toy robot (d) a bigger TV
21. 21.🛒 A family has little money. What should it buy first? (a) the most fun thing (b) the needs (c) the wants (d) the costliest thing
22. 22.🛒 Need or want: a toy robot? (a) a want (b) a need
23. 23.🛒 Need or want: drinking water? (a) a want (b) a need
24. 24.🛒 Need or want: soap? (a) a need (b) a want
25. 25.Which of these is a want? (a) a warm blanket (b) soap (c) a video game (d) school shoes
26. 26.🛒 Need or want: a third pair of shoes? (a) a need (b) a want
27. 27.True or false: “a toy robot” is a want. (a) True (b) False
28. 28.🔍 Which is the odd one out? (a) drinking water (b) notebooks for school (c) a video game (d) a warm blanket
29. 29.🔍 Which is the odd one out? (a) rice and dal (b) drinking water (c) a toy robot (d) a school uniform
30. 30.🔍 Which is the odd one out? (a) a roof over your head (b) bus fare to school (c) a bigger TV (d) notebooks for school
31. 31.🛒 Need or want: a bigger TV? (a) a want (b) a need
32. 32.True or false: “a bigger TV” is a want. (a) True (b) False
33. 33.🎯 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
34. 34.True or false: “a third pair of shoes” is a need. (a) True (b) False
35. 35.True or false: “a sticker album” is a need. (a) False (b) True
36. 36.🛒 Need or want: school shoes? (a) a need (b) a want
37. 37.🛒 Need or want: sweets every day? (a) a want (b) a need
38. 38.🛒 Need or want: a warm blanket? (a) a need (b) a want
39. 39.🔍 Which is the odd one out? (a) drinking water (b) a glitter pen set (c) a third pair of shoes (d) a fancy phone cover
40. 40.Which of these is a need? (a) a sticker album (b) a school uniform (c) sweets every day (d) a fancy phone cover

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