Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 351 · 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.🛒 A family has little money. What should it buy first? (a) the needs (b) the costliest thing (c) the wants (d) the most fun thing
2. 2.🛒 Need or want: a warm blanket? (a) a want (b) a need
3. 3.True or false: “a school uniform” is a want. (a) True (b) False
4. 4.🛒 Need or want: a party dress? (a) a want (b) a need
5. 5.🛍️ Why do businesses that meet needs often sell all year? (a) nobody buys needs (b) needs are always free (c) needs are toys (d) people always need them
6. 6.🔍 Which is the odd one out? (a) sweets every day (b) a bigger TV (c) designer sunglasses (d) medicine when ill
7. 7.☔ In the monsoon, which would sell best at a school gate? (a) paper kites (b) woollen sweaters (c) ice lollies (d) umbrellas and raincoats
8. 8.🛒 Need or want: school shoes? (a) a want (b) a need
9. 9.True or false: “soap” is a need. (a) True (b) False
10. 10.Which of these is a want? (a) bus fare to school (b) a roof over your head (c) notebooks for school (d) sweets every day
11. 11.True or false: “a roof over your head” is a want. (a) True (b) False
12. 12.Which of these is a need? (a) a video game (b) a school uniform (c) a bigger TV (d) a sticker album
13. 13.Which of these is a want? (a) rice and dal (b) school shoes (c) a roof over your head (d) designer sunglasses
14. 14.🛒 Need or want: medicine when ill? (a) a need (b) a want
15. 15.🛒 Need or want: a glitter pen set? (a) a need (b) a want
16. 16.🛒 Need or want: designer sunglasses? (a) a need (b) a want
17. 17.True or false: “designer sunglasses” is a want. (a) False (b) True
18. 18.🔍 Which is the odd one out? (a) a party dress (b) notebooks for school (c) a glitter pen set (d) a third pair of shoes
19. 19.Which of these is a need? (a) a video game (b) a bigger TV (c) designer sunglasses (d) rice and dal
20. 20.True or false: “a roof over your head” is a need. (a) False (b) True
21. 21.🛒 Need or want: a sticker album? (a) a need (b) a want
22. 22.💡 A need is something… (a) only rich people buy (b) nice but not needed (c) made of plastic (d) we must have to live
23. 23.🎯 A want can still be a good business when… (a) nobody likes it (b) it is not safe (c) many people want it (d) it breaks the rules
24. 24.🛒 Need or want: a video game? (a) a need (b) a want
25. 25.Which of these is a need? (a) a glitter pen set (b) drinking water (c) designer sunglasses (d) a fancy phone cover
26. 26.True or false: “a sticker album” is a need. (a) False (b) True
27. 27.Which of these is a want? (a) a bigger TV (b) a school uniform (c) a roof over your head (d) school shoes
28. 28.🛒 Need or want: a bigger TV? (a) a want (b) a need
29. 29.🛒 Need or want: rice and dal? (a) a want (b) a need
30. 30.🔍 Which is the odd one out? (a) a fancy phone cover (b) school shoes (c) a glitter pen set (d) a toy robot
31. 31.True or false: “a fancy phone cover” is a want. (a) True (b) False
32. 32.True or false: “a glitter pen set” is a want. (a) True (b) False
33. 33.🛒 Need or want: a fancy phone cover? (a) a want (b) a need
34. 34.Which of these is a need? (a) sweets every day (b) designer sunglasses (c) bus fare to school (d) a glitter pen set
35. 35.🔍 Which is the odd one out? (a) bus fare to school (b) school shoes (c) a toy robot (d) a roof over your head
36. 36.Which of these is a need? (a) medicine when ill (b) designer sunglasses (c) a fancy phone cover (d) a toy robot
37. 37.🛒 Need or want: a school uniform? (a) a need (b) a want
38. 38.🔍 Which is the odd one out? (a) soap (b) a warm blanket (c) medicine when ill (d) a third pair of shoes
39. 39.🔍 Which is the odd one out? (a) a warm blanket (b) school shoes (c) notebooks for school (d) a party dress
40. 40.🔍 Which is the odd one out? (a) designer sunglasses (b) sweets every day (c) a third pair of shoes (d) a warm blanket

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