Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 983 · 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 want? (a) school shoes (b) a warm blanket (c) a roof over your head (d) a third pair of shoes
2. 2.🛒 Need or want: a bigger TV? (a) a want (b) a need
3. 3.🎯 A want can still be a good business when… (a) nobody likes it (b) many people want it (c) it is not safe (d) it breaks the rules
4. 4.🔍 Which is the odd one out? (a) designer sunglasses (b) notebooks for school (c) a warm blanket (d) medicine when ill
5. 5.🍱 A tiffin service mostly meets which? (a) nothing at all (b) a need: food (c) a want: toys (d) a want: games
6. 6.True or false: “a warm blanket” is a need. (a) True (b) False
7. 7.🔍 Which is the odd one out? (a) a third pair of shoes (b) sweets every day (c) a roof over your head (d) a sticker album
8. 8.True or false: “designer sunglasses” is a want. (a) True (b) False
9. 9.🛒 A family has little money. What should it buy first? (a) the most fun thing (b) the needs (c) the costliest thing (d) the wants
10. 10.☔ In the monsoon, which would sell best at a school gate? (a) woollen sweaters (b) paper kites (c) umbrellas and raincoats (d) ice lollies
11. 11.🔍 Which is the odd one out? (a) soap (b) drinking water (c) school shoes (d) a glitter pen set
12. 12.True or false: “a third pair of shoes” is a need. (a) False (b) True
13. 13.Which of these is a need? (a) a school uniform (b) a party dress (c) a sticker album (d) a fancy phone cover
14. 14.True or false: “medicine when ill” is a need. (a) False (b) True
15. 15.🛒 Need or want: a party dress? (a) a need (b) a want
16. 16.Which of these is a need? (a) drinking water (b) sweets every day (c) a toy robot (d) a party dress
17. 17.True or false: “drinking water” is a want. (a) True (b) False
18. 18.🛒 Need or want: a warm blanket? (a) a need (b) a want
19. 19.💡 A need is something… (a) we must have to live (b) only rich people buy (c) made of plastic (d) nice but not needed
20. 20.🔍 Which is the odd one out? (a) drinking water (b) a school uniform (c) school shoes (d) sweets every day
21. 21.Which of these is a need? (a) school shoes (b) a bigger TV (c) a video game (d) designer sunglasses
22. 22.Which of these is a want? (a) notebooks for school (b) sweets every day (c) medicine when ill (d) school shoes
23. 23.True or false: “school shoes” is a want. (a) True (b) False
24. 24.Which of these is a want? (a) rice and dal (b) a school uniform (c) medicine when ill (d) a toy robot
25. 25.True or false: “a roof over your head” is a need. (a) True (b) False
26. 26.Which of these is a want? (a) a party dress (b) notebooks for school (c) a roof over your head (d) school shoes
27. 27.🔍 Which is the odd one out? (a) notebooks for school (b) drinking water (c) a sticker album (d) bus fare to school
28. 28.True or false: “a sticker album” is a need. (a) True (b) False
29. 29.True or false: “a bigger TV” is a want. (a) False (b) True
30. 30.True or false: “designer sunglasses” is a need. (a) False (b) True
31. 31.Which of these is a want? (a) a roof over your head (b) medicine when ill (c) school shoes (d) a video game
32. 32.🛍️ Why do businesses that meet needs often sell all year? (a) people always need them (b) needs are always free (c) nobody buys needs (d) needs are toys
33. 33.🛒 Need or want: a toy robot? (a) a want (b) a need
34. 34.❄️ On a cold winter morning, which stall would most people want? (a) water guns (b) hot drinks (c) paper fans (d) ice lollies
35. 35.🔍 Which is the odd one out? (a) school shoes (b) a toy robot (c) a bigger TV (d) a third pair of shoes
36. 36.True or false: “soap” is a want. (a) True (b) False
37. 37.Which of these is a want? (a) medicine when ill (b) a sticker album (c) a warm blanket (d) soap
38. 38.Which of these is a want? (a) designer sunglasses (b) medicine when ill (c) bus fare to school (d) notebooks for school
39. 39.🛒 Need or want: school shoes? (a) a want (b) a need
40. 40.🛒 Need or want: drinking water? (a) a want (b) a need

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