Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 249 · 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 warm blanket” is a need. (a) True (b) False
2. 2.Which of these is a want? (a) a warm blanket (b) school shoes (c) drinking water (d) sweets every day
3. 3.True or false: “bus fare to school” is a need. (a) True (b) False
4. 4.Which of these is a need? (a) a fancy phone cover (b) a sticker album (c) sweets every day (d) a roof over your head
5. 5.💡 A need is something… (a) we must have to live (b) only rich people buy (c) nice but not needed (d) made of plastic
6. 6.🛒 Need or want: a warm blanket? (a) a want (b) a need
7. 7.🔍 Which is the odd one out? (a) a roof over your head (b) a bigger TV (c) school shoes (d) medicine when ill
8. 8.🛒 Need or want: a sticker album? (a) a need (b) a want
9. 9.☔ In the monsoon, which would sell best at a school gate? (a) paper kites (b) umbrellas and raincoats (c) woollen sweaters (d) ice lollies
10. 10.🍱 A tiffin service mostly meets which? (a) a want: games (b) nothing at all (c) a need: food (d) a want: toys
11. 11.🔍 Which is the odd one out? (a) a third pair of shoes (b) a bigger TV (c) a roof over your head (d) a party dress
12. 12.True or false: “school shoes” is a want. (a) True (b) False
13. 13.🛒 Need or want: a school uniform? (a) a need (b) a want
14. 14.🛒 Need or want: sweets every day? (a) a need (b) a want
15. 15.🎯 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
16. 16.🔍 Which is the odd one out? (a) notebooks for school (b) a sticker album (c) a warm blanket (d) a school uniform
17. 17.🛒 Need or want: a roof over your head? (a) a need (b) a want
18. 18.Which of these is a want? (a) bus fare to school (b) a fancy phone cover (c) rice and dal (d) drinking water
19. 19.🔍 Which is the odd one out? (a) sweets every day (b) a bigger TV (c) a party dress (d) notebooks for school
20. 20.🔍 Which is the odd one out? (a) a warm blanket (b) a school uniform (c) notebooks for school (d) a glitter pen set
21. 21.🛒 Need or want: bus fare to school? (a) a want (b) a need
22. 22.🔍 Which is the odd one out? (a) sweets every day (b) rice and dal (c) designer sunglasses (d) a fancy phone cover
23. 23.🛒 Need or want: a fancy phone cover? (a) a need (b) a want
24. 24.🛒 Need or want: a glitter pen set? (a) a need (b) a want
25. 25.🛒 Need or want: school shoes? (a) a need (b) a want
26. 26.🛒 A family has little money. What should it buy first? (a) the costliest thing (b) the wants (c) the most fun thing (d) the needs
27. 27.True or false: “medicine when ill” is a want. (a) True (b) False
28. 28.🛍️ Why do businesses that meet needs often sell all year? (a) nobody buys needs (b) needs are toys (c) needs are always free (d) people always need them
29. 29.🔍 Which is the odd one out? (a) designer sunglasses (b) a video game (c) soap (d) a sticker album
30. 30.True or false: “medicine when ill” is a need. (a) True (b) False
31. 31.🔍 Which is the odd one out? (a) a third pair of shoes (b) sweets every day (c) a toy robot (d) bus fare to school
32. 32.🛒 Need or want: medicine when ill? (a) a want (b) a need
33. 33.True or false: “a bigger TV” is a need. (a) False (b) True
34. 34.Which of these is a need? (a) a party dress (b) a third pair of shoes (c) rice and dal (d) a bigger TV
35. 35.🔍 Which is the odd one out? (a) a school uniform (b) bus fare to school (c) medicine when ill (d) a toy robot
36. 36.Which of these is a want? (a) school shoes (b) drinking water (c) medicine when ill (d) a sticker album
37. 37.🔍 Which is the odd one out? (a) a fancy phone cover (b) drinking water (c) a party dress (d) a bigger TV
38. 38.🛒 Need or want: a video game? (a) a want (b) a need
39. 39.True or false: “a roof over your head” is a need. (a) True (b) False
40. 40.Which of these is a need? (a) a fancy phone cover (b) a sticker album (c) drinking water (d) a glitter pen set

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