Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 281 · 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 glitter pen set (b) a warm blanket (c) a party dress (d) sweets every day
2. 2.Which of these is a want? (a) school shoes (b) a roof over your head (c) soap (d) a third pair of shoes
3. 3.🎯 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
4. 4.True or false: “drinking water” is a want. (a) False (b) True
5. 5.🛒 Need or want: a school uniform? (a) a want (b) a need
6. 6.Which of these is a want? (a) soap (b) a sticker album (c) bus fare to school (d) drinking water
7. 7.🔍 Which is the odd one out? (a) a video game (b) a toy robot (c) notebooks for school (d) a third pair of shoes
8. 8.🔍 Which is the odd one out? (a) a toy robot (b) medicine when ill (c) a fancy phone cover (d) designer sunglasses
9. 9.🛒 Need or want: bus fare to school? (a) a need (b) a want
10. 10.🔍 Which is the odd one out? (a) soap (b) notebooks for school (c) sweets every day (d) a warm blanket
11. 11.🛒 Need or want: drinking water? (a) a want (b) a need
12. 12.🛒 Need or want: designer sunglasses? (a) a need (b) a want
13. 13.Which of these is a need? (a) a toy robot (b) a party dress (c) bus fare to school (d) designer sunglasses
14. 14.🔍 Which is the odd one out? (a) a video game (b) school shoes (c) a sticker album (d) a toy robot
15. 15.🔍 Which is the odd one out? (a) a fancy phone cover (b) soap (c) a bigger TV (d) a video game
16. 16.🛍️ Why do businesses that meet needs often sell all year? (a) nobody buys needs (b) people always need them (c) needs are always free (d) needs are toys
17. 17.Which of these is a need? (a) a third pair of shoes (b) a party dress (c) a roof over your head (d) a sticker album
18. 18.🛒 Need or want: a glitter pen set? (a) a want (b) a need
19. 19.Which of these is a need? (a) soap (b) a toy robot (c) a third pair of shoes (d) a glitter pen set
20. 20.🔍 Which is the odd one out? (a) bus fare to school (b) sweets every day (c) a sticker album (d) designer sunglasses
21. 21.🛒 Need or want: a bigger TV? (a) a want (b) a need
22. 22.🔍 Which is the odd one out? (a) drinking water (b) a third pair of shoes (c) a fancy phone cover (d) designer sunglasses
23. 23.💡 A need is something… (a) only rich people buy (b) we must have to live (c) nice but not needed (d) made of plastic
24. 24.True or false: “rice and dal” is a want. (a) False (b) True
25. 25.True or false: “school shoes” is a need. (a) True (b) False
26. 26.True or false: “notebooks for school” is a want. (a) True (b) False
27. 27.Which of these is a need? (a) designer sunglasses (b) a video game (c) rice and dal (d) a toy robot
28. 28.True or false: “a bigger TV” is a need. (a) True (b) False
29. 29.Which of these is a need? (a) a third pair of shoes (b) a video game (c) a glitter pen set (d) notebooks for school
30. 30.Which of these is a want? (a) rice and dal (b) a fancy phone cover (c) a roof over your head (d) drinking water
31. 31.True or false: “medicine when ill” is a need. (a) False (b) True
32. 32.True or false: “school shoes” is a want. (a) True (b) False
33. 33.🛒 Need or want: a warm blanket? (a) a need (b) a want
34. 34.🛒 Need or want: a party dress? (a) a want (b) a need
35. 35.🛒 A family has little money. What should it buy first? (a) the needs (b) the wants (c) the costliest thing (d) the most fun thing
36. 36.🔍 Which is the odd one out? (a) a warm blanket (b) notebooks for school (c) designer sunglasses (d) rice and dal
37. 37.🔍 Which is the odd one out? (a) drinking water (b) a warm blanket (c) a sticker album (d) school shoes
38. 38.Which of these is a need? (a) medicine when ill (b) a toy robot (c) a sticker album (d) a party dress
39. 39.🔍 Which is the odd one out? (a) a video game (b) a third pair of shoes (c) a party dress (d) a school uniform
40. 40.🛒 Need or want: a fancy phone cover? (a) a need (b) a want

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