Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 276 · 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 fancy phone cover” is a want. (a) True (b) False
2. 2.🛒 Need or want: notebooks for school? (a) a need (b) a want
3. 3.☔ In the monsoon, which would sell best at a school gate? (a) paper kites (b) ice lollies (c) umbrellas and raincoats (d) woollen sweaters
4. 4.🛒 Need or want: a school uniform? (a) a need (b) a want
5. 5.True or false: “drinking water” is a need. (a) False (b) True
6. 6.🔍 Which is the odd one out? (a) rice and dal (b) a roof over your head (c) notebooks for school (d) a bigger TV
7. 7.Which of these is a want? (a) a school uniform (b) bus fare to school (c) a glitter pen set (d) school shoes
8. 8.Which of these is a need? (a) school shoes (b) a toy robot (c) a bigger TV (d) a third pair of shoes
9. 9.🔍 Which is the odd one out? (a) a fancy phone cover (b) soap (c) a toy robot (d) a sticker album
10. 10.🍱 A tiffin service mostly meets which? (a) a want: toys (b) a want: games (c) nothing at all (d) a need: food
11. 11.Which of these is a need? (a) a sticker album (b) sweets every day (c) soap (d) a toy robot
12. 12.True or false: “bus fare to school” is a want. (a) False (b) True
13. 13.🛒 Need or want: drinking water? (a) a want (b) a need
14. 14.🔍 Which is the odd one out? (a) a third pair of shoes (b) a school uniform (c) a sticker album (d) sweets every day
15. 15.True or false: “a third pair of shoes” is a want. (a) True (b) False
16. 16.🔍 Which is the odd one out? (a) rice and dal (b) a sticker album (c) a fancy phone cover (d) a video game
17. 17.Which of these is a need? (a) a video game (b) a sticker album (c) a toy robot (d) a roof over your head
18. 18.🔍 Which is the odd one out? (a) medicine when ill (b) a sticker album (c) a party dress (d) a glitter pen set
19. 19.True or false: “a bigger TV” is a need. (a) True (b) False
20. 20.True or false: “school shoes” is a want. (a) True (b) False
21. 21.True or false: “rice and dal” is a need. (a) False (b) True
22. 22.🔍 Which is the odd one out? (a) a party dress (b) a fancy phone cover (c) a sticker album (d) drinking water
23. 23.🛒 A family has little money. What should it buy first? (a) the needs (b) the wants (c) the most fun thing (d) the costliest thing
24. 24.🛒 Need or want: a fancy phone cover? (a) a need (b) a want
25. 25.🎯 A want can still be a good business when… (a) many people want it (b) it is not safe (c) nobody likes it (d) it breaks the rules
26. 26.Which of these is a want? (a) drinking water (b) rice and dal (c) bus fare to school (d) designer sunglasses
27. 27.🛒 Need or want: a third pair of shoes? (a) a need (b) a want
28. 28.🔍 Which is the odd one out? (a) a roof over your head (b) soap (c) a sticker album (d) rice and dal
29. 29.🛒 Need or want: a toy robot? (a) a need (b) a want
30. 30.🔍 Which is the odd one out? (a) bus fare to school (b) notebooks for school (c) a party dress (d) rice and dal
31. 31.💡 A need is something… (a) nice but not needed (b) made of plastic (c) only rich people buy (d) we must have to live
32. 32.Which of these is a want? (a) medicine when ill (b) a warm blanket (c) drinking water (d) a fancy phone cover
33. 33.Which of these is a need? (a) a fancy phone cover (b) a glitter pen set (c) a third pair of shoes (d) a school uniform
34. 34.🛒 Need or want: a party dress? (a) a need (b) a want
35. 35.Which of these is a want? (a) a school uniform (b) medicine when ill (c) a video game (d) soap
36. 36.True or false: “bus fare to school” is a need. (a) False (b) True
37. 37.True or false: “medicine when ill” is a want. (a) False (b) True
38. 38.Which of these is a need? (a) a video game (b) notebooks for school (c) a fancy phone cover (d) a sticker album
39. 39.🛒 Need or want: a video game? (a) a want (b) a need
40. 40.🛒 Need or want: a roof over your head? (a) a need (b) a want

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