Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 827 · 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: a toy robot? (a) a want (b) a need
2. 2.☔ In the monsoon, which would sell best at a school gate? (a) paper kites (b) woollen sweaters (c) umbrellas and raincoats (d) ice lollies
3. 3.Which of these is a need? (a) a bigger TV (b) a party dress (c) a fancy phone cover (d) notebooks for school
4. 4.Which of these is a want? (a) soap (b) bus fare to school (c) a roof over your head (d) sweets every day
5. 5.True or false: “a party dress” is a want. (a) False (b) True
6. 6.True or false: “a warm blanket” is a need. (a) True (b) False
7. 7.True or false: “drinking water” is a want. (a) True (b) False
8. 8.Which of these is a want? (a) medicine when ill (b) notebooks for school (c) a glitter pen set (d) bus fare to school
9. 9.🛒 Need or want: sweets every day? (a) a want (b) a need
10. 10.True or false: “a toy robot” is a want. (a) False (b) True
11. 11.🛒 Need or want: a video game? (a) a want (b) a need
12. 12.🛍️ Why do businesses that meet needs often sell all year? (a) needs are always free (b) needs are toys (c) people always need them (d) nobody buys needs
13. 13.🔍 Which is the odd one out? (a) soap (b) a party dress (c) rice and dal (d) drinking water
14. 14.Which of these is a want? (a) rice and dal (b) a warm blanket (c) drinking water (d) a sticker album
15. 15.💡 A need is something… (a) made of plastic (b) nice but not needed (c) only rich people buy (d) we must have to live
16. 16.🛒 Need or want: a warm blanket? (a) a need (b) a want
17. 17.🛒 Need or want: school shoes? (a) a need (b) a want
18. 18.🛒 A family has little money. What should it buy first? (a) the most fun thing (b) the costliest thing (c) the needs (d) the wants
19. 19.True or false: “a fancy phone cover” is a want. (a) False (b) True
20. 20.True or false: “soap” is a want. (a) True (b) False
21. 21.🔍 Which is the odd one out? (a) designer sunglasses (b) drinking water (c) a party dress (d) a video game
22. 22.🍱 A tiffin service mostly meets which? (a) nothing at all (b) a want: toys (c) a want: games (d) a need: food
23. 23.True or false: “a sticker album” is a want. (a) False (b) True
24. 24.True or false: “a bigger TV” is a need. (a) True (b) False
25. 25.True or false: “medicine when ill” is a want. (a) True (b) False
26. 26.🎯 A want can still be a good business when… (a) many people want it (b) nobody likes it (c) it breaks the rules (d) it is not safe
27. 27.Which of these is a need? (a) a video game (b) a warm blanket (c) a party dress (d) a sticker album
28. 28.❄️ On a cold winter morning, which stall would most people want? (a) ice lollies (b) water guns (c) hot drinks (d) paper fans
29. 29.True or false: “a bigger TV” is a want. (a) True (b) False
30. 30.Which of these is a need? (a) a video game (b) a roof over your head (c) a fancy phone cover (d) a third pair of shoes
31. 31.🔍 Which is the odd one out? (a) bus fare to school (b) a roof over your head (c) a sticker album (d) a warm blanket
32. 32.🛒 Need or want: soap? (a) a want (b) a need
33. 33.Which of these is a want? (a) a school uniform (b) notebooks for school (c) soap (d) a third pair of shoes
34. 34.True or false: “school shoes” is a want. (a) False (b) True
35. 35.Which of these is a want? (a) a school uniform (b) a party dress (c) drinking water (d) a roof over your head
36. 36.True or false: “notebooks for school” is a need. (a) False (b) True
37. 37.True or false: “designer sunglasses” is a need. (a) True (b) False
38. 38.Which of these is a want? (a) a roof over your head (b) drinking water (c) medicine when ill (d) a bigger TV
39. 39.True or false: “a glitter pen set” is a need. (a) False (b) True
40. 40.🔍 Which is the odd one out? (a) a warm blanket (b) designer sunglasses (c) a glitter pen set (d) a sticker album

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