Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 877 · 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.❄️ On a cold winter morning, which stall would most people want? (a) water guns (b) ice lollies (c) paper fans (d) hot drinks
2. 2.🛒 Need or want: designer sunglasses? (a) a need (b) a want
3. 3.True or false: “a glitter pen set” is a want. (a) False (b) True
4. 4.🛒 Need or want: a third pair of shoes? (a) a need (b) a want
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.True or false: “school shoes” is a want. (a) True (b) False
7. 7.🎯 A want can still be a good business when… (a) it breaks the rules (b) it is not safe (c) many people want it (d) nobody likes it
8. 8.True or false: “sweets every day” is a need. (a) False (b) True
9. 9.True or false: “designer sunglasses” is a want. (a) True (b) False
10. 10.🛒 Need or want: a party dress? (a) a need (b) a want
11. 11.🔍 Which is the odd one out? (a) drinking water (b) notebooks for school (c) a bigger TV (d) rice and dal
12. 12.🔍 Which is the odd one out? (a) a bigger TV (b) a toy robot (c) notebooks for school (d) a party dress
13. 13.🛒 Need or want: a fancy phone cover? (a) a want (b) a need
14. 14.🛒 A family has little money. What should it buy first? (a) the most fun thing (b) the wants (c) the costliest thing (d) the needs
15. 15.🔍 Which is the odd one out? (a) a third pair of shoes (b) a toy robot (c) sweets every day (d) a warm blanket
16. 16.True or false: “a sticker album” is a need. (a) True (b) False
17. 17.🔍 Which is the odd one out? (a) sweets every day (b) a party dress (c) designer sunglasses (d) a school uniform
18. 18.🔍 Which is the odd one out? (a) soap (b) a roof over your head (c) bus fare to school (d) a sticker album
19. 19.True or false: “a warm blanket” is a want. (a) True (b) False
20. 20.🔍 Which is the odd one out? (a) sweets every day (b) a sticker album (c) designer sunglasses (d) a roof over your head
21. 21.🛒 Need or want: a roof over your head? (a) a need (b) a want
22. 22.True or false: “drinking water” is a want. (a) True (b) False
23. 23.True or false: “a video game” is a need. (a) True (b) False
24. 24.True or false: “a bigger TV” is a need. (a) True (b) False
25. 25.🔍 Which is the odd one out? (a) drinking water (b) medicine when ill (c) a warm blanket (d) a toy robot
26. 26.Which of these is a need? (a) a bigger TV (b) a school uniform (c) a fancy phone cover (d) a third pair of shoes
27. 27.Which of these is a want? (a) a bigger TV (b) drinking water (c) bus fare to school (d) a school uniform
28. 28.☔ In the monsoon, which would sell best at a school gate? (a) umbrellas and raincoats (b) ice lollies (c) paper kites (d) woollen sweaters
29. 29.Which of these is a need? (a) a fancy phone cover (b) soap (c) a toy robot (d) a third pair of shoes
30. 30.🔍 Which is the odd one out? (a) a sticker album (b) rice and dal (c) a toy robot (d) a video game
31. 31.🛒 Need or want: a school uniform? (a) a need (b) a want
32. 32.🛒 Need or want: medicine when ill? (a) a need (b) a want
33. 33.Which of these is a want? (a) notebooks for school (b) bus fare to school (c) sweets every day (d) soap
34. 34.🍱 A tiffin service mostly meets which? (a) a need: food (b) a want: games (c) nothing at all (d) a want: toys
35. 35.Which of these is a need? (a) a fancy phone cover (b) rice and dal (c) a video game (d) a third pair of shoes
36. 36.Which of these is a need? (a) a third pair of shoes (b) a party dress (c) school shoes (d) a bigger TV
37. 37.Which of these is a need? (a) a third pair of shoes (b) a toy robot (c) sweets every day (d) bus fare to school
38. 38.🔍 Which is the odd one out? (a) designer sunglasses (b) rice and dal (c) notebooks for school (d) a roof over your head
39. 39.🛍️ Why do businesses that meet needs often sell all year? (a) nobody buys needs (b) people always need them (c) needs are always free (d) needs are toys
40. 40.Which of these is a need? (a) a roof over your head (b) a bigger TV (c) a video game (d) a toy robot

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