Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 162 · 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 bigger TV (b) a glitter pen set (c) school shoes (d) sweets every day
2. 2.🔍 Which is the odd one out? (a) school shoes (b) bus fare to school (c) a bigger TV (d) a school uniform
3. 3.True or false: “medicine when ill” is a want. (a) False (b) True
4. 4.True or false: “a toy robot” is a want. (a) False (b) True
5. 5.🛍️ Why do businesses that meet needs often sell all year? (a) people always need them (b) nobody buys needs (c) needs are always free (d) needs are toys
6. 6.🛒 A family has little money. What should it buy first? (a) the most fun thing (b) the costliest thing (c) the needs (d) the wants
7. 7.Which of these is a want? (a) a roof over your head (b) a toy robot (c) school shoes (d) a warm blanket
8. 8.True or false: “a school uniform” is a want. (a) True (b) False
9. 9.Which of these is a need? (a) designer sunglasses (b) a video game (c) a party dress (d) medicine when ill
10. 10.🛒 Need or want: a party dress? (a) a need (b) a want
11. 11.True or false: “a party dress” is a want. (a) False (b) True
12. 12.🛒 Need or want: a sticker album? (a) a need (b) a want
13. 13.Which of these is a need? (a) sweets every day (b) a toy robot (c) a party dress (d) rice and dal
14. 14.🛒 Need or want: rice and dal? (a) a need (b) a want
15. 15.🔍 Which is the odd one out? (a) notebooks for school (b) bus fare to school (c) designer sunglasses (d) soap
16. 16.True or false: “a warm blanket” is a want. (a) True (b) False
17. 17.True or false: “a bigger TV” is a want. (a) False (b) True
18. 18.🎯 A want can still be a good business when… (a) nobody likes it (b) many people want it (c) it breaks the rules (d) it is not safe
19. 19.🛒 Need or want: sweets every day? (a) a want (b) a need
20. 20.🔍 Which is the odd one out? (a) drinking water (b) a video game (c) a warm blanket (d) school shoes
21. 21.Which of these is a need? (a) a party dress (b) a toy robot (c) a fancy phone cover (d) bus fare to school
22. 22.Which of these is a want? (a) drinking water (b) soap (c) a glitter pen set (d) a school uniform
23. 23.True or false: “designer sunglasses” is a need. (a) True (b) False
24. 24.True or false: “a sticker album” is a need. (a) True (b) False
25. 25.🛒 Need or want: a warm blanket? (a) a need (b) a want
26. 26.Which of these is a want? (a) a school uniform (b) a roof over your head (c) designer sunglasses (d) medicine when ill
27. 27.🔍 Which is the odd one out? (a) notebooks for school (b) medicine when ill (c) school shoes (d) a third pair of shoes
28. 28.Which of these is a want? (a) school shoes (b) rice and dal (c) soap (d) sweets every day
29. 29.True or false: “a video game” is a want. (a) False (b) True
30. 30.☔ In the monsoon, which would sell best at a school gate? (a) woollen sweaters (b) ice lollies (c) umbrellas and raincoats (d) paper kites
31. 31.True or false: “rice and dal” is a need. (a) False (b) True
32. 32.🛒 Need or want: soap? (a) a need (b) a want
33. 33.True or false: “bus fare to school” is a want. (a) True (b) False
34. 34.🔍 Which is the odd one out? (a) a video game (b) a bigger TV (c) a fancy phone cover (d) a school uniform
35. 35.🛒 Need or want: a third pair of shoes? (a) a need (b) a want
36. 36.True or false: “soap” is a need. (a) False (b) True
37. 37.🛒 Need or want: a glitter pen set? (a) a need (b) a want
38. 38.Which of these is a need? (a) designer sunglasses (b) notebooks for school (c) a video game (d) a glitter pen set
39. 39.🔍 Which is the odd one out? (a) notebooks for school (b) sweets every day (c) school shoes (d) a roof over your head
40. 40.💡 A need is something… (a) nice but not needed (b) only rich people buy (c) made of plastic (d) we must have to live

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