Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 850 · 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: drinking water? (a) a want (b) a need
2. 2.🛒 Need or want: a glitter pen set? (a) a need (b) a want
3. 3.🎯 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
4. 4.🛒 Need or want: a warm blanket? (a) a need (b) a want
5. 5.True or false: “medicine when ill” is a want. (a) False (b) True
6. 6.🛒 Need or want: a sticker album? (a) a want (b) a need
7. 7.True or false: “a video game” is a need. (a) True (b) False
8. 8.🛒 Need or want: a roof over your head? (a) a want (b) a need
9. 9.Which of these is a want? (a) a school uniform (b) school shoes (c) a toy robot (d) a warm blanket
10. 10.🔍 Which is the odd one out? (a) rice and dal (b) notebooks for school (c) a fancy phone cover (d) a warm blanket
11. 11.❄️ On a cold winter morning, which stall would most people want? (a) paper fans (b) water guns (c) hot drinks (d) ice lollies
12. 12.🛒 Need or want: a fancy phone cover? (a) a want (b) a need
13. 13.🍱 A tiffin service mostly meets which? (a) a need: food (b) nothing at all (c) a want: games (d) a want: toys
14. 14.🛒 Need or want: a party dress? (a) a want (b) a need
15. 15.🛍️ Why do businesses that meet needs often sell all year? (a) nobody buys needs (b) needs are always free (c) people always need them (d) needs are toys
16. 16.True or false: “notebooks for school” is a need. (a) False (b) True
17. 17.True or false: “designer sunglasses” is a need. (a) True (b) False
18. 18.Which of these is a need? (a) rice and dal (b) a glitter pen set (c) designer sunglasses (d) a sticker album
19. 19.🔍 Which is the odd one out? (a) a fancy phone cover (b) a toy robot (c) a video game (d) soap
20. 20.Which of these is a want? (a) soap (b) a school uniform (c) a third pair of shoes (d) medicine when ill
21. 21.🛒 Need or want: a bigger TV? (a) a want (b) a need
22. 22.Which of these is a want? (a) medicine when ill (b) school shoes (c) a sticker album (d) bus fare to school
23. 23.☔ In the monsoon, which would sell best at a school gate? (a) ice lollies (b) woollen sweaters (c) umbrellas and raincoats (d) paper kites
24. 24.Which of these is a need? (a) a fancy phone cover (b) designer sunglasses (c) school shoes (d) a video game
25. 25.Which of these is a want? (a) drinking water (b) rice and dal (c) sweets every day (d) medicine when ill
26. 26.True or false: “a toy robot” is a need. (a) False (b) True
27. 27.True or false: “sweets every day” is a need. (a) False (b) True
28. 28.🛒 Need or want: bus fare to school? (a) a want (b) a need
29. 29.💡 A need is something… (a) only rich people buy (b) we must have to live (c) made of plastic (d) nice but not needed
30. 30.🛒 Need or want: a video game? (a) a want (b) a need
31. 31.Which of these is a want? (a) medicine when ill (b) notebooks for school (c) school shoes (d) a bigger TV
32. 32.True or false: “a fancy phone cover” is a want. (a) True (b) False
33. 33.🛒 Need or want: school shoes? (a) a want (b) a need
34. 34.True or false: “soap” is a want. (a) True (b) False
35. 35.🔍 Which is the odd one out? (a) a glitter pen set (b) a sticker album (c) school shoes (d) a toy robot
36. 36.True or false: “rice and dal” is a want. (a) False (b) True
37. 37.🔍 Which is the odd one out? (a) medicine when ill (b) drinking water (c) notebooks for school (d) a bigger TV
38. 38.🛒 Need or want: sweets every day? (a) a need (b) a want
39. 39.🔍 Which is the odd one out? (a) a glitter pen set (b) a warm blanket (c) sweets every day (d) a video game
40. 40.🔍 Which is the odd one out? (a) notebooks for school (b) a school uniform (c) bus fare to school (d) designer sunglasses

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