Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 855 · 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.True or false: “a glitter pen set” is a need. (a) True (b) False
2. 2.True or false: “school shoes” is a want. (a) False (b) True
3. 3.🎯 A want can still be a good business when… (a) it is not safe (b) many people want it (c) it breaks the rules (d) nobody likes it
4. 4.🛒 Need or want: a video game? (a) a need (b) a want
5. 5.🛒 A family has little money. What should it buy first? (a) the costliest thing (b) the most fun thing (c) the needs (d) the wants
6. 6.🛒 Need or want: a warm blanket? (a) a need (b) a want
7. 7.True or false: “drinking water” is a want. (a) False (b) True
8. 8.🛒 Need or want: a bigger TV? (a) a need (b) a want
9. 9.True or false: “a sticker album” is a want. (a) True (b) False
10. 10.🔍 Which is the odd one out? (a) a bigger TV (b) sweets every day (c) designer sunglasses (d) drinking water
11. 11.🍱 A tiffin service mostly meets which? (a) a need: food (b) nothing at all (c) a want: toys (d) a want: games
12. 12.☔ In the monsoon, which would sell best at a school gate? (a) umbrellas and raincoats (b) ice lollies (c) paper kites (d) woollen sweaters
13. 13.True or false: “a party dress” is a need. (a) True (b) False
14. 14.Which of these is a want? (a) drinking water (b) a third pair of shoes (c) notebooks for school (d) a warm blanket
15. 15.True or false: “a school uniform” is a want. (a) True (b) False
16. 16.🛒 Need or want: a fancy phone cover? (a) a want (b) a need
17. 17.🔍 Which is the odd one out? (a) a roof over your head (b) rice and dal (c) a video game (d) soap
18. 18.🔍 Which is the odd one out? (a) a school uniform (b) medicine when ill (c) a party dress (d) notebooks for school
19. 19.🔍 Which is the odd one out? (a) bus fare to school (b) a sticker album (c) notebooks for school (d) rice and dal
20. 20.True or false: “a glitter pen set” is a want. (a) False (b) True
21. 21.True or false: “a fancy phone cover” is a need. (a) True (b) False
22. 22.True or false: “a video game” is a need. (a) True (b) False
23. 23.❄️ On a cold winter morning, which stall would most people want? (a) water guns (b) ice lollies (c) paper fans (d) hot drinks
24. 24.Which of these is a need? (a) notebooks for school (b) a video game (c) a party dress (d) a fancy phone cover
25. 25.🛒 Need or want: a toy robot? (a) a need (b) a want
26. 26.🔍 Which is the odd one out? (a) school shoes (b) bus fare to school (c) a school uniform (d) a fancy phone cover
27. 27.True or false: “soap” is a want. (a) True (b) False
28. 28.🛒 Need or want: a third pair of shoes? (a) a need (b) a want
29. 29.Which of these is a need? (a) a school uniform (b) a bigger TV (c) a video game (d) a sticker album
30. 30.Which of these is a need? (a) sweets every day (b) a bigger TV (c) school shoes (d) a third pair of shoes
31. 31.💡 A need is something… (a) made of plastic (b) only rich people buy (c) nice but not needed (d) we must have to live
32. 32.🔍 Which is the odd one out? (a) a warm blanket (b) rice and dal (c) a toy robot (d) school shoes
33. 33.🔍 Which is the odd one out? (a) a third pair of shoes (b) soap (c) a party dress (d) a toy robot
34. 34.🛒 Need or want: school shoes? (a) a want (b) a need
35. 35.🛒 Need or want: notebooks for school? (a) a want (b) a need
36. 36.True or false: “school shoes” is a need. (a) True (b) False
37. 37.🛍️ Why do businesses that meet needs often sell all year? (a) needs are toys (b) people always need them (c) needs are always free (d) nobody buys needs
38. 38.True or false: “medicine when ill” is a need. (a) False (b) True
39. 39.Which of these is a need? (a) a fancy phone cover (b) a third pair of shoes (c) a roof over your head (d) designer sunglasses
40. 40.True or false: “sweets every day” is a need. (a) True (b) False

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