Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 88 · 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 third pair of shoes” is a want. (a) True (b) False
2. 2.Which of these is a need? (a) sweets every day (b) a video game (c) designer sunglasses (d) soap
3. 3.🛒 Need or want: a sticker album? (a) a want (b) a need
4. 4.🛍️ Why do businesses that meet needs often sell all year? (a) nobody buys needs (b) needs are toys (c) people always need them (d) needs are always free
5. 5.🔍 Which is the odd one out? (a) soap (b) rice and dal (c) designer sunglasses (d) bus fare to school
6. 6.True or false: “a sticker album” is a need. (a) True (b) False
7. 7.🛒 Need or want: soap? (a) a need (b) a want
8. 8.🛒 Need or want: notebooks for school? (a) a need (b) a want
9. 9.🛒 A family has little money. What should it buy first? (a) the most fun thing (b) the wants (c) the needs (d) the costliest thing
10. 10.True or false: “a fancy phone cover” is a want. (a) False (b) True
11. 11.Which of these is a want? (a) a warm blanket (b) soap (c) drinking water (d) a sticker album
12. 12.🛒 Need or want: medicine when ill? (a) a want (b) a need
13. 13.Which of these is a need? (a) a third pair of shoes (b) a bigger TV (c) drinking water (d) a fancy phone cover
14. 14.🍱 A tiffin service mostly meets which? (a) a need: food (b) a want: toys (c) nothing at all (d) a want: games
15. 15.True or false: “bus fare to school” is a want. (a) True (b) False
16. 16.True or false: “bus fare to school” is a need. (a) False (b) True
17. 17.Which of these is a need? (a) a sticker album (b) designer sunglasses (c) school shoes (d) a fancy phone cover
18. 18.🔍 Which is the odd one out? (a) school shoes (b) a bigger TV (c) a roof over your head (d) medicine when ill
19. 19.🎯 A want can still be a good business when… (a) it is not safe (b) nobody likes it (c) it breaks the rules (d) many people want it
20. 20.🛒 Need or want: a school uniform? (a) a want (b) a need
21. 21.❄️ On a cold winter morning, which stall would most people want? (a) ice lollies (b) water guns (c) paper fans (d) hot drinks
22. 22.☔ In the monsoon, which would sell best at a school gate? (a) woollen sweaters (b) ice lollies (c) paper kites (d) umbrellas and raincoats
23. 23.🛒 Need or want: school shoes? (a) a want (b) a need
24. 24.🛒 Need or want: a third pair of shoes? (a) a want (b) a need
25. 25.🔍 Which is the odd one out? (a) sweets every day (b) a party dress (c) drinking water (d) designer sunglasses
26. 26.Which of these is a need? (a) a sticker album (b) designer sunglasses (c) sweets every day (d) bus fare to school
27. 27.True or false: “a third pair of shoes” is a need. (a) True (b) False
28. 28.🔍 Which is the odd one out? (a) a warm blanket (b) sweets every day (c) a roof over your head (d) medicine when ill
29. 29.🔍 Which is the odd one out? (a) designer sunglasses (b) a video game (c) a bigger TV (d) soap
30. 30.True or false: “a sticker album” is a want. (a) False (b) True
31. 31.🛒 Need or want: a glitter pen set? (a) a need (b) a want
32. 32.Which of these is a need? (a) designer sunglasses (b) a third pair of shoes (c) a school uniform (d) a party dress
33. 33.🔍 Which is the odd one out? (a) rice and dal (b) a party dress (c) a third pair of shoes (d) sweets every day
34. 34.Which of these is a want? (a) a toy robot (b) notebooks for school (c) school shoes (d) drinking water
35. 35.🛒 Need or want: a video game? (a) a need (b) a want
36. 36.🔍 Which is the odd one out? (a) designer sunglasses (b) a third pair of shoes (c) a fancy phone cover (d) notebooks for school
37. 37.Which of these is a want? (a) drinking water (b) notebooks for school (c) a fancy phone cover (d) a roof over your head
38. 38.Which of these is a want? (a) bus fare to school (b) soap (c) school shoes (d) a glitter pen set
39. 39.💡 A need is something… (a) nice but not needed (b) only rich people buy (c) we must have to live (d) made of plastic
40. 40.🔍 Which is the odd one out? (a) a fancy phone cover (b) a glitter pen set (c) medicine when ill (d) sweets every day

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