Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 929 · 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.Which of these is a need? (a) a toy robot (b) designer sunglasses (c) notebooks for school (d) a video game
2. 2.🔍 Which is the odd one out? (a) a third pair of shoes (b) bus fare to school (c) a roof over your head (d) medicine when ill
3. 3.🛒 Need or want: a warm blanket? (a) a want (b) a need
4. 4.True or false: “bus fare to school” is a want. (a) True (b) False
5. 5.🛒 Need or want: medicine when ill? (a) a want (b) a need
6. 6.True or false: “a video game” is a need. (a) False (b) True
7. 7.Which of these is a want? (a) rice and dal (b) a warm blanket (c) a glitter pen set (d) soap
8. 8.🛒 Need or want: a sticker album? (a) a need (b) a want
9. 9.🛒 Need or want: a school uniform? (a) a want (b) a need
10. 10.True or false: “a warm blanket” is a need. (a) False (b) True
11. 11.🔍 Which is the odd one out? (a) a video game (b) a third pair of shoes (c) drinking water (d) a glitter pen set
12. 12.🛒 Need or want: sweets every day? (a) a need (b) a want
13. 13.🔍 Which is the odd one out? (a) bus fare to school (b) a school uniform (c) a roof over your head (d) a fancy phone cover
14. 14.Which of these is a need? (a) a fancy phone cover (b) drinking water (c) sweets every day (d) a glitter pen set
15. 15.🎯 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
16. 16.True or false: “a bigger TV” is a need. (a) False (b) True
17. 17.Which of these is a want? (a) rice and dal (b) a school uniform (c) a sticker album (d) medicine when ill
18. 18.Which of these is a want? (a) a fancy phone cover (b) bus fare to school (c) soap (d) school shoes
19. 19.True or false: “a fancy phone cover” is a need. (a) False (b) True
20. 20.🔍 Which is the odd one out? (a) a roof over your head (b) a glitter pen set (c) rice and dal (d) a school uniform
21. 21.🛒 A family has little money. What should it buy first? (a) the wants (b) the costliest thing (c) the most fun thing (d) the needs
22. 22.True or false: “school shoes” is a need. (a) False (b) True
23. 23.Which of these is a want? (a) school shoes (b) notebooks for school (c) a video game (d) soap
24. 24.True or false: “drinking water” is a want. (a) False (b) True
25. 25.🛒 Need or want: rice and dal? (a) a need (b) a want
26. 26.True or false: “school shoes” is a want. (a) False (b) True
27. 27.🛒 Need or want: drinking water? (a) a want (b) a need
28. 28.True or false: “a sticker album” is a want. (a) False (b) True
29. 29.❄️ On a cold winter morning, which stall would most people want? (a) paper fans (b) hot drinks (c) water guns (d) ice lollies
30. 30.☔ In the monsoon, which would sell best at a school gate? (a) umbrellas and raincoats (b) ice lollies (c) woollen sweaters (d) paper kites
31. 31.🛒 Need or want: a bigger TV? (a) a want (b) a need
32. 32.True or false: “a glitter pen set” is a want. (a) False (b) True
33. 33.Which of these is a need? (a) a sticker album (b) a video game (c) a fancy phone cover (d) school shoes
34. 34.True or false: “a roof over your head” is a need. (a) True (b) False
35. 35.🛍️ Why do businesses that meet needs often sell all year? (a) needs are always free (b) nobody buys needs (c) needs are toys (d) people always need them
36. 36.Which of these is a want? (a) drinking water (b) soap (c) a school uniform (d) designer sunglasses
37. 37.🔍 Which is the odd one out? (a) a glitter pen set (b) a sticker album (c) a fancy phone cover (d) bus fare to school
38. 38.Which of these is a want? (a) a toy robot (b) a school uniform (c) school shoes (d) notebooks for school
39. 39.Which of these is a need? (a) a party dress (b) designer sunglasses (c) a fancy phone cover (d) bus fare to school
40. 40.🍱 A tiffin service mostly meets which? (a) a want: toys (b) a need: food (c) nothing at all (d) a want: games

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