Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 920 · 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: “school shoes” is a need. (a) False (b) True
2. 2.❄️ On a cold winter morning, which stall would most people want? (a) paper fans (b) water guns (c) ice lollies (d) hot drinks
3. 3.☔ In the monsoon, which would sell best at a school gate? (a) paper kites (b) umbrellas and raincoats (c) woollen sweaters (d) ice lollies
4. 4.🎯 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
5. 5.True or false: “rice and dal” is a want. (a) True (b) False
6. 6.🛍️ 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
7. 7.Which of these is a need? (a) a school uniform (b) sweets every day (c) designer sunglasses (d) a bigger TV
8. 8.🔍 Which is the odd one out? (a) a warm blanket (b) drinking water (c) a school uniform (d) sweets every day
9. 9.🛒 Need or want: rice and dal? (a) a need (b) a want
10. 10.Which of these is a want? (a) drinking water (b) medicine when ill (c) a video game (d) a warm blanket
11. 11.True or false: “a video game” is a want. (a) True (b) False
12. 12.🔍 Which is the odd one out? (a) soap (b) a fancy phone cover (c) bus fare to school (d) drinking water
13. 13.💡 A need is something… (a) we must have to live (b) nice but not needed (c) only rich people buy (d) made of plastic
14. 14.Which of these is a want? (a) a third pair of shoes (b) a roof over your head (c) a school uniform (d) bus fare to school
15. 15.🛒 Need or want: designer sunglasses? (a) a want (b) a need
16. 16.🛒 Need or want: a fancy phone cover? (a) a want (b) a need
17. 17.Which of these is a need? (a) drinking water (b) a party dress (c) a toy robot (d) a glitter pen set
18. 18.🔍 Which is the odd one out? (a) a bigger TV (b) a third pair of shoes (c) a sticker album (d) a school uniform
19. 19.🍱 A tiffin service mostly meets which? (a) a want: toys (b) a need: food (c) nothing at all (d) a want: games
20. 20.🔍 Which is the odd one out? (a) a glitter pen set (b) notebooks for school (c) a sticker album (d) a party dress
21. 21.🛒 Need or want: a toy robot? (a) a need (b) a want
22. 22.True or false: “sweets every day” is a want. (a) True (b) False
23. 23.🛒 Need or want: notebooks for school? (a) a need (b) a want
24. 24.True or false: “a warm blanket” is a want. (a) False (b) True
25. 25.🔍 Which is the odd one out? (a) designer sunglasses (b) a fancy phone cover (c) a roof over your head (d) a toy robot
26. 26.True or false: “a fancy phone cover” is a need. (a) False (b) True
27. 27.🛒 Need or want: a roof over your head? (a) a want (b) a need
28. 28.True or false: “a glitter pen set” is a need. (a) True (b) False
29. 29.🛒 Need or want: a glitter pen set? (a) a want (b) a need
30. 30.Which of these is a want? (a) soap (b) a fancy phone cover (c) a school uniform (d) rice and dal
31. 31.Which of these is a want? (a) soap (b) a warm blanket (c) bus fare to school (d) a glitter pen set
32. 32.Which of these is a want? (a) medicine when ill (b) sweets every day (c) a roof over your head (d) a warm blanket
33. 33.🛒 Need or want: a warm blanket? (a) a want (b) a need
34. 34.🔍 Which is the odd one out? (a) soap (b) medicine when ill (c) rice and dal (d) a third pair of shoes
35. 35.🔍 Which is the odd one out? (a) a warm blanket (b) bus fare to school (c) designer sunglasses (d) notebooks for school
36. 36.🔍 Which is the odd one out? (a) a toy robot (b) school shoes (c) a school uniform (d) rice and dal
37. 37.True or false: “a party dress” is a need. (a) True (b) False
38. 38.Which of these is a need? (a) a glitter pen set (b) a toy robot (c) a sticker album (d) a warm blanket
39. 39.🛒 Need or want: medicine when ill? (a) a want (b) a need
40. 40.Which of these is a want? (a) school shoes (b) rice and dal (c) notebooks for school (d) a sticker album

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