Entrepreneurship for Kids Worksheet: Needs and Wants

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

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