Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 78 · 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: sweets every day? (a) a want (b) a need
2. 2.🔍 Which is the odd one out? (a) notebooks for school (b) designer sunglasses (c) a sticker album (d) a toy robot
3. 3.Which of these is a want? (a) a roof over your head (b) a third pair of shoes (c) school shoes (d) rice and dal
4. 4.Which of these is a need? (a) medicine when ill (b) a video game (c) a bigger TV (d) a sticker album
5. 5.🔍 Which is the odd one out? (a) a party dress (b) a toy robot (c) a sticker album (d) rice and dal
6. 6.True or false: “soap” is a want. (a) True (b) False
7. 7.🔍 Which is the odd one out? (a) school shoes (b) rice and dal (c) a party dress (d) a warm blanket
8. 8.🛒 Need or want: a bigger TV? (a) a want (b) a need
9. 9.☔ In the monsoon, which would sell best at a school gate? (a) umbrellas and raincoats (b) paper kites (c) ice lollies (d) woollen sweaters
10. 10.Which of these is a need? (a) drinking water (b) a bigger TV (c) a sticker album (d) sweets every day
11. 11.True or false: “designer sunglasses” is a want. (a) True (b) False
12. 12.🍱 A tiffin service mostly meets which? (a) nothing at all (b) a need: food (c) a want: toys (d) a want: games
13. 13.🛒 A family has little money. What should it buy first? (a) the wants (b) the costliest thing (c) the needs (d) the most fun thing
14. 14.Which of these is a want? (a) school shoes (b) medicine when ill (c) notebooks for school (d) a fancy phone cover
15. 15.🛒 Need or want: drinking water? (a) a need (b) a want
16. 16.🛒 Need or want: a fancy phone cover? (a) a need (b) a want
17. 17.True or false: “a sticker album” is a want. (a) False (b) True
18. 18.🛒 Need or want: a roof over your head? (a) a want (b) a need
19. 19.Which of these is a want? (a) soap (b) medicine when ill (c) a school uniform (d) a bigger TV
20. 20.True or false: “school shoes” is a want. (a) True (b) False
21. 21.🔍 Which is the odd one out? (a) soap (b) rice and dal (c) a third pair of shoes (d) medicine when ill
22. 22.🛒 Need or want: designer sunglasses? (a) a want (b) a need
23. 23.🔍 Which is the odd one out? (a) school shoes (b) sweets every day (c) soap (d) a roof over your head
24. 24.True or false: “a video game” is a need. (a) True (b) False
25. 25.🛒 Need or want: a third pair of shoes? (a) a want (b) a need
26. 26.🎯 A want can still be a good business when… (a) it is not safe (b) nobody likes it (c) many people want it (d) it breaks the rules
27. 27.🛍️ Why do businesses that meet needs often sell all year? (a) people always need them (b) nobody buys needs (c) needs are always free (d) needs are toys
28. 28.💡 A need is something… (a) nice but not needed (b) made of plastic (c) we must have to live (d) only rich people buy
29. 29.🛒 Need or want: notebooks for school? (a) a want (b) a need
30. 30.Which of these is a want? (a) rice and dal (b) a sticker album (c) a roof over your head (d) bus fare to school
31. 31.🛒 Need or want: bus fare to school? (a) a want (b) a need
32. 32.❄️ On a cold winter morning, which stall would most people want? (a) ice lollies (b) water guns (c) hot drinks (d) paper fans
33. 33.🔍 Which is the odd one out? (a) a fancy phone cover (b) medicine when ill (c) a party dress (d) a bigger TV
34. 34.Which of these is a want? (a) rice and dal (b) a toy robot (c) a school uniform (d) a roof over your head
35. 35.Which of these is a want? (a) drinking water (b) medicine when ill (c) a video game (d) a roof over your head
36. 36.🔍 Which is the odd one out? (a) soap (b) designer sunglasses (c) drinking water (d) a school uniform
37. 37.True or false: “a warm blanket” is a need. (a) False (b) True
38. 38.🛒 Need or want: rice and dal? (a) a want (b) a need
39. 39.🛒 Need or want: a video game? (a) a want (b) a need
40. 40.Which of these is a need? (a) a warm blanket (b) sweets every day (c) a video game (d) a glitter pen set

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