Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 70 · 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 need? (a) a bigger TV (b) a party dress (c) a video game (d) school shoes
2. 2.True or false: “a warm blanket” is a want. (a) False (b) True
3. 3.True or false: “bus fare to school” is a need. (a) False (b) True
4. 4.Which of these is a need? (a) a fancy phone cover (b) a toy robot (c) medicine when ill (d) a party dress
5. 5.💡 A need is something… (a) made of plastic (b) only rich people buy (c) we must have to live (d) nice but not needed
6. 6.Which of these is a want? (a) school shoes (b) drinking water (c) bus fare to school (d) a third pair of shoes
7. 7.🛒 Need or want: a fancy phone cover? (a) a need (b) a want
8. 8.🔍 Which is the odd one out? (a) a video game (b) a roof over your head (c) drinking water (d) medicine when ill
9. 9.Which of these is a need? (a) a party dress (b) soap (c) sweets every day (d) designer sunglasses
10. 10.🍱 A tiffin service mostly meets which? (a) a want: toys (b) nothing at all (c) a need: food (d) a want: games
11. 11.🛒 Need or want: drinking water? (a) a want (b) a need
12. 12.🛒 Need or want: school shoes? (a) a need (b) a want
13. 13.True or false: “a fancy phone cover” is a need. (a) False (b) True
14. 14.🔍 Which is the odd one out? (a) school shoes (b) notebooks for school (c) soap (d) a sticker album
15. 15.True or false: “bus fare to school” is a want. (a) True (b) False
16. 16.Which of these is a need? (a) a party dress (b) a toy robot (c) bus fare to school (d) a sticker album
17. 17.Which of these is a want? (a) notebooks for school (b) a glitter pen set (c) a roof over your head (d) a warm blanket
18. 18.True or false: “sweets every day” is a want. (a) False (b) True
19. 19.🛒 Need or want: a glitter pen set? (a) a want (b) a need
20. 20.Which of these is a need? (a) rice and dal (b) a glitter pen set (c) designer sunglasses (d) a third pair of shoes
21. 21.🛒 Need or want: sweets every day? (a) a need (b) a want
22. 22.🛒 Need or want: a toy robot? (a) a need (b) a want
23. 23.Which of these is a want? (a) bus fare to school (b) notebooks for school (c) sweets every day (d) rice and dal
24. 24.Which of these is a need? (a) notebooks for school (b) a party dress (c) sweets every day (d) a sticker album
25. 25.True or false: “a warm blanket” is a need. (a) True (b) False
26. 26.🎯 A want can still be a good business when… (a) it is not safe (b) nobody likes it (c) it breaks the rules (d) many people want it
27. 27.🔍 Which is the odd one out? (a) medicine when ill (b) a fancy phone cover (c) drinking water (d) school shoes
28. 28.🛒 Need or want: a school uniform? (a) a need (b) a want
29. 29.True or false: “school shoes” is a want. (a) False (b) True
30. 30.❄️ On a cold winter morning, which stall would most people want? (a) water guns (b) paper fans (c) hot drinks (d) ice lollies
31. 31.🔍 Which is the odd one out? (a) a fancy phone cover (b) drinking water (c) a video game (d) a glitter pen set
32. 32.True or false: “designer sunglasses” is a want. (a) False (b) True
33. 33.🛒 A family has little money. What should it buy first? (a) the costliest thing (b) the wants (c) the most fun thing (d) the needs
34. 34.☔ In the monsoon, which would sell best at a school gate? (a) ice lollies (b) paper kites (c) woollen sweaters (d) umbrellas and raincoats
35. 35.🔍 Which is the odd one out? (a) rice and dal (b) a school uniform (c) a roof over your head (d) a bigger TV
36. 36.Which of these is a want? (a) medicine when ill (b) drinking water (c) a sticker album (d) notebooks for school
37. 37.🔍 Which is the odd one out? (a) bus fare to school (b) notebooks for school (c) soap (d) a third pair of shoes
38. 38.🛍️ Why do businesses that meet needs often sell all year? (a) needs are toys (b) people always need them (c) nobody buys needs (d) needs are always free
39. 39.🔍 Which is the odd one out? (a) a party dress (b) medicine when ill (c) a glitter pen set (d) designer sunglasses
40. 40.Which of these is a want? (a) a roof over your head (b) bus fare to school (c) a warm blanket (d) a bigger TV

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