Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 934 · 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 fancy phone cover (b) a video game (c) a third pair of shoes (d) rice and dal
2. 2.💡 A need is something… (a) nice but not needed (b) made of plastic (c) we must have to live (d) only rich people buy
3. 3.Which of these is a need? (a) a third pair of shoes (b) notebooks for school (c) a toy robot (d) a glitter pen set
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.☔ In the monsoon, which would sell best at a school gate? (a) ice lollies (b) woollen sweaters (c) umbrellas and raincoats (d) paper kites
6. 6.True or false: “rice and dal” is a want. (a) True (b) False
7. 7.True or false: “a school uniform” is a need. (a) False (b) True
8. 8.❄️ On a cold winter morning, which stall would most people want? (a) hot drinks (b) paper fans (c) water guns (d) ice lollies
9. 9.🎯 A want can still be a good business when… (a) many people want it (b) nobody likes it (c) it is not safe (d) it breaks the rules
10. 10.🛒 Need or want: medicine when ill? (a) a want (b) a need
11. 11.🛒 Need or want: a third pair of shoes? (a) a need (b) a want
12. 12.True or false: “a fancy phone cover” is a need. (a) True (b) False
13. 13.🛒 Need or want: designer sunglasses? (a) a need (b) a want
14. 14.🛒 Need or want: soap? (a) a want (b) a need
15. 15.🔍 Which is the odd one out? (a) a party dress (b) a bigger TV (c) school shoes (d) a third pair of shoes
16. 16.True or false: “a warm blanket” is a want. (a) False (b) True
17. 17.Which of these is a want? (a) medicine when ill (b) soap (c) drinking water (d) a toy robot
18. 18.🔍 Which is the odd one out? (a) a fancy phone cover (b) a bigger TV (c) designer sunglasses (d) medicine when ill
19. 19.🔍 Which is the odd one out? (a) a fancy phone cover (b) a third pair of shoes (c) a toy robot (d) bus fare to school
20. 20.True or false: “a roof over your head” is a need. (a) True (b) False
21. 21.🛒 Need or want: a roof over your head? (a) a want (b) a need
22. 22.🔍 Which is the odd one out? (a) a bigger TV (b) school shoes (c) drinking water (d) soap
23. 23.True or false: “a bigger TV” is a need. (a) False (b) True
24. 24.True or false: “a party dress” is a want. (a) True (b) False
25. 25.True or false: “medicine when ill” is a want. (a) True (b) False
26. 26.🔍 Which is the odd one out? (a) soap (b) a school uniform (c) a roof over your head (d) a party dress
27. 27.🛒 Need or want: school shoes? (a) a need (b) a want
28. 28.🛒 Need or want: a warm blanket? (a) a want (b) a need
29. 29.🛒 Need or want: a fancy phone cover? (a) a need (b) a want
30. 30.Which of these is a want? (a) rice and dal (b) school shoes (c) a school uniform (d) sweets every day
31. 31.Which of these is a want? (a) soap (b) a warm blanket (c) a roof over your head (d) designer sunglasses
32. 32.Which of these is a need? (a) a party dress (b) a video game (c) a toy robot (d) bus fare to school
33. 33.True or false: “school shoes” is a want. (a) True (b) False
34. 34.🔍 Which is the odd one out? (a) drinking water (b) bus fare to school (c) school shoes (d) a sticker album
35. 35.Which of these is a need? (a) a glitter pen set (b) a bigger TV (c) a toy robot (d) medicine when ill
36. 36.🔍 Which is the odd one out? (a) a glitter pen set (b) a fancy phone cover (c) a warm blanket (d) a video game
37. 37.🛒 Need or want: a video game? (a) a need (b) a want
38. 38.Which of these is a need? (a) a toy robot (b) a roof over your head (c) a bigger TV (d) a party dress
39. 39.True or false: “a video game” is a need. (a) False (b) True
40. 40.🔍 Which is the odd one out? (a) a video game (b) notebooks for school (c) a roof over your head (d) drinking water

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