Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 992 · 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.🛒 Need or want: a warm blanket? (a) a need (b) a want
2. 2.🔍 Which is the odd one out? (a) bus fare to school (b) designer sunglasses (c) a warm blanket (d) drinking water
3. 3.True or false: “a glitter pen set” is a want. (a) False (b) True
4. 4.🛒 Need or want: a third pair of shoes? (a) a need (b) a want
5. 5.Which of these is a need? (a) a fancy phone cover (b) a school uniform (c) a party dress (d) a video game
6. 6.🛒 Need or want: a school uniform? (a) a want (b) a need
7. 7.🛒 Need or want: rice and dal? (a) a want (b) a need
8. 8.True or false: “bus fare to school” is a want. (a) True (b) False
9. 9.🛒 Need or want: soap? (a) a need (b) a want
10. 10.☔ In the monsoon, which would sell best at a school gate? (a) woollen sweaters (b) ice lollies (c) paper kites (d) umbrellas and raincoats
11. 11.True or false: “a school uniform” is a want. (a) True (b) False
12. 12.True or false: “a fancy phone cover” is a want. (a) False (b) True
13. 13.True or false: “a glitter pen set” is a need. (a) True (b) False
14. 14.🛒 Need or want: drinking water? (a) a want (b) a need
15. 15.🛍️ Why do businesses that meet needs often sell all year? (a) needs are toys (b) needs are always free (c) nobody buys needs (d) people always need them
16. 16.Which of these is a need? (a) a bigger TV (b) a video game (c) bus fare to school (d) a fancy phone cover
17. 17.🔍 Which is the odd one out? (a) a glitter pen set (b) a sticker album (c) a toy robot (d) a warm blanket
18. 18.Which of these is a need? (a) sweets every day (b) designer sunglasses (c) a sticker album (d) drinking water
19. 19.True or false: “a bigger TV” is a want. (a) False (b) True
20. 20.🔍 Which is the odd one out? (a) a toy robot (b) a glitter pen set (c) notebooks for school (d) a third pair of shoes
21. 21.🛒 Need or want: a bigger TV? (a) a want (b) a need
22. 22.🔍 Which is the odd one out? (a) a toy robot (b) medicine when ill (c) a third pair of shoes (d) a video game
23. 23.Which of these is a need? (a) a third pair of shoes (b) a bigger TV (c) medicine when ill (d) a glitter pen set
24. 24.🔍 Which is the odd one out? (a) bus fare to school (b) rice and dal (c) a fancy phone cover (d) soap
25. 25.True or false: “a fancy phone cover” is a need. (a) True (b) False
26. 26.Which of these is a need? (a) a bigger TV (b) a video game (c) designer sunglasses (d) a roof over your head
27. 27.🎯 A want can still be a good business when… (a) it breaks the rules (b) nobody likes it (c) many people want it (d) it is not safe
28. 28.True or false: “a toy robot” is a want. (a) False (b) True
29. 29.True or false: “sweets every day” is a need. (a) False (b) True
30. 30.True or false: “a party dress” is a need. (a) True (b) False
31. 31.🛒 Need or want: notebooks for school? (a) a want (b) a need
32. 32.🛒 A family has little money. What should it buy first? (a) the costliest thing (b) the needs (c) the most fun thing (d) the wants
33. 33.True or false: “medicine when ill” is a want. (a) True (b) False
34. 34.🔍 Which is the odd one out? (a) a sticker album (b) designer sunglasses (c) sweets every day (d) a roof over your head
35. 35.Which of these is a want? (a) a school uniform (b) sweets every day (c) drinking water (d) bus fare to school
36. 36.❄️ On a cold winter morning, which stall would most people want? (a) paper fans (b) hot drinks (c) water guns (d) ice lollies
37. 37.🍱 A tiffin service mostly meets which? (a) a want: toys (b) a want: games (c) nothing at all (d) a need: food
38. 38.Which of these is a want? (a) a roof over your head (b) a glitter pen set (c) bus fare to school (d) notebooks for school
39. 39.Which of these is a want? (a) medicine when ill (b) a fancy phone cover (c) notebooks for school (d) school shoes
40. 40.🔍 Which is the odd one out? (a) notebooks for school (b) a glitter pen set (c) rice and dal (d) soap

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