Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 111 · 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: “a school uniform” is a need. (a) False (b) True
2. 2.Which of these is a need? (a) a video game (b) designer sunglasses (c) a toy robot (d) soap
3. 3.🛒 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
4. 4.🛒 Need or want: notebooks for school? (a) a need (b) a want
5. 5.🛒 Need or want: a video game? (a) a need (b) a want
6. 6.🎯 A want can still be a good business when… (a) it breaks the rules (b) it is not safe (c) nobody likes it (d) many people want it
7. 7.🛒 Need or want: a party dress? (a) a need (b) a want
8. 8.🔍 Which is the odd one out? (a) a toy robot (b) medicine when ill (c) a video game (d) sweets every day
9. 9.True or false: “a fancy phone cover” is a want. (a) True (b) False
10. 10.🍱 A tiffin service mostly meets which? (a) a want: games (b) a need: food (c) a want: toys (d) nothing at all
11. 11.Which of these is a need? (a) designer sunglasses (b) a roof over your head (c) a toy robot (d) a party dress
12. 12.❄️ On a cold winter morning, which stall would most people want? (a) ice lollies (b) hot drinks (c) water guns (d) paper fans
13. 13.🛒 Need or want: a school uniform? (a) a want (b) a need
14. 14.True or false: “school shoes” is a need. (a) False (b) True
15. 15.True or false: “a school uniform” is a want. (a) False (b) True
16. 16.🛒 Need or want: designer sunglasses? (a) a need (b) a want
17. 17.Which of these is a need? (a) school shoes (b) a fancy phone cover (c) a sticker album (d) a bigger TV
18. 18.Which of these is a want? (a) rice and dal (b) sweets every day (c) a roof over your head (d) a warm blanket
19. 19.🛒 Need or want: school shoes? (a) a want (b) a need
20. 20.💡 A need is something… (a) we must have to live (b) only rich people buy (c) made of plastic (d) nice but not needed
21. 21.Which of these is a want? (a) a school uniform (b) soap (c) medicine when ill (d) a fancy phone cover
22. 22.🛒 Need or want: drinking water? (a) a want (b) a need
23. 23.Which of these is a need? (a) a fancy phone cover (b) a bigger TV (c) sweets every day (d) drinking water
24. 24.Which of these is a want? (a) a school uniform (b) drinking water (c) school shoes (d) a sticker album
25. 25.🔍 Which is the odd one out? (a) rice and dal (b) bus fare to school (c) drinking water (d) a third pair of shoes
26. 26.🛒 Need or want: soap? (a) a need (b) a want
27. 27.🛒 Need or want: a warm blanket? (a) a need (b) a want
28. 28.Which of these is a want? (a) a toy robot (b) a roof over your head (c) medicine when ill (d) drinking water
29. 29.☔ In the monsoon, which would sell best at a school gate? (a) woollen sweaters (b) ice lollies (c) paper kites (d) umbrellas and raincoats
30. 30.🛒 Need or want: a fancy phone cover? (a) a need (b) a want
31. 31.Which of these is a want? (a) medicine when ill (b) a roof over your head (c) a bigger TV (d) a warm blanket
32. 32.🔍 Which is the odd one out? (a) bus fare to school (b) notebooks for school (c) a party dress (d) school shoes
33. 33.Which of these is a want? (a) medicine when ill (b) bus fare to school (c) a video game (d) notebooks for school
34. 34.Which of these is a want? (a) designer sunglasses (b) a warm blanket (c) notebooks for school (d) soap
35. 35.🛒 Need or want: medicine when ill? (a) a need (b) a want
36. 36.True or false: “a toy robot” is a want. (a) False (b) True
37. 37.True or false: “a video game” is a need. (a) False (b) True
38. 38.True or false: “bus fare to school” is a need. (a) True (b) False
39. 39.True or false: “a glitter pen set” is a want. (a) True (b) False
40. 40.Which of these is a need? (a) a school uniform (b) designer sunglasses (c) a fancy phone cover (d) a video game

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