Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 289 · 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 fancy phone cover (b) sweets every day (c) a roof over your head (d) a bigger TV
2. 2.🔍 Which is the odd one out? (a) a fancy phone cover (b) a third pair of shoes (c) medicine when ill (d) designer sunglasses
3. 3.💡 A need is something… (a) nice but not needed (b) made of plastic (c) we must have to live (d) only rich people buy
4. 4.🛒 Need or want: sweets every day? (a) a want (b) a need
5. 5.🛒 Need or want: school shoes? (a) a want (b) a need
6. 6.True or false: “designer sunglasses” is a want. (a) True (b) False
7. 7.🍱 A tiffin service mostly meets which? (a) nothing at all (b) a want: toys (c) a want: games (d) a need: food
8. 8.🛒 Need or want: rice and dal? (a) a need (b) a want
9. 9.🛒 Need or want: a roof over your head? (a) a need (b) a want
10. 10.True or false: “soap” is a want. (a) True (b) False
11. 11.True or false: “bus fare to school” is a need. (a) True (b) False
12. 12.True or false: “notebooks for school” is a need. (a) False (b) True
13. 13.❄️ On a cold winter morning, which stall would most people want? (a) ice lollies (b) hot drinks (c) water guns (d) paper fans
14. 14.🔍 Which is the odd one out? (a) a party dress (b) bus fare to school (c) medicine when ill (d) a school uniform
15. 15.Which of these is a need? (a) a school uniform (b) a sticker album (c) a video game (d) designer sunglasses
16. 16.🛒 Need or want: a video game? (a) a want (b) a need
17. 17.🛒 Need or want: soap? (a) a need (b) a want
18. 18.🔍 Which is the odd one out? (a) school shoes (b) a warm blanket (c) sweets every day (d) bus fare to school
19. 19.🔍 Which is the odd one out? (a) school shoes (b) rice and dal (c) a warm blanket (d) a toy robot
20. 20.🛒 Need or want: a fancy phone cover? (a) a want (b) a need
21. 21.🛍️ Why do businesses that meet needs often sell all year? (a) people always need them (b) needs are toys (c) nobody buys needs (d) needs are always free
22. 22.Which of these is a want? (a) a warm blanket (b) notebooks for school (c) a glitter pen set (d) school shoes
23. 23.True or false: “a bigger TV” is a need. (a) True (b) False
24. 24.🛒 Need or want: notebooks for school? (a) a want (b) a need
25. 25.🛒 Need or want: a sticker album? (a) a need (b) a want
26. 26.Which of these is a need? (a) a sticker album (b) sweets every day (c) designer sunglasses (d) school shoes
27. 27.Which of these is a need? (a) a party dress (b) designer sunglasses (c) medicine when ill (d) a fancy phone cover
28. 28.🔍 Which is the odd one out? (a) a sticker album (b) bus fare to school (c) a fancy phone cover (d) a video game
29. 29.🎯 A want can still be a good business when… (a) it is not safe (b) nobody likes it (c) it breaks the rules (d) many people want it
30. 30.True or false: “a toy robot” is a need. (a) False (b) True
31. 31.🔍 Which is the odd one out? (a) designer sunglasses (b) medicine when ill (c) soap (d) drinking water
32. 32.🛒 Need or want: a toy robot? (a) a want (b) a need
33. 33.🔍 Which is the odd one out? (a) rice and dal (b) a school uniform (c) a video game (d) notebooks for school
34. 34.🛒 A family has little money. What should it buy first? (a) the wants (b) the costliest thing (c) the needs (d) the most fun thing
35. 35.🔍 Which is the odd one out? (a) school shoes (b) a fancy phone cover (c) a sticker album (d) a bigger TV
36. 36.Which of these is a need? (a) sweets every day (b) drinking water (c) a video game (d) a glitter pen set
37. 37.True or false: “soap” is a need. (a) True (b) False
38. 38.Which of these is a need? (a) a glitter pen set (b) a toy robot (c) a warm blanket (d) a sticker album
39. 39.Which of these is a want? (a) drinking water (b) a roof over your head (c) medicine when ill (d) a fancy phone cover
40. 40.🛒 Need or want: a bigger TV? (a) a need (b) a want

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