Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 354 · 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 party dress (b) a toy robot (c) a roof over your head (d) a third pair of shoes
2. 2.🔍 Which is the odd one out? (a) a video game (b) medicine when ill (c) rice and dal (d) drinking water
3. 3.🔍 Which is the odd one out? (a) a sticker album (b) school shoes (c) a bigger TV (d) a glitter pen set
4. 4.True or false: “bus fare to school” is a want. (a) True (b) False
5. 5.Which of these is a need? (a) a bigger TV (b) drinking water (c) a fancy phone cover (d) a sticker album
6. 6.🛒 Need or want: a third pair of shoes? (a) a want (b) a need
7. 7.🎯 A want can still be a good business when… (a) it is not safe (b) many people want it (c) it breaks the rules (d) nobody likes it
8. 8.🛒 Need or want: a warm blanket? (a) a need (b) a want
9. 9.🛒 Need or want: a video game? (a) a need (b) a want
10. 10.🔍 Which is the odd one out? (a) a glitter pen set (b) a fancy phone cover (c) a third pair of shoes (d) a school uniform
11. 11.True or false: “school shoes” is a want. (a) True (b) False
12. 12.❄️ On a cold winter morning, which stall would most people want? (a) paper fans (b) ice lollies (c) water guns (d) hot drinks
13. 13.🔍 Which is the odd one out? (a) a toy robot (b) designer sunglasses (c) a bigger TV (d) rice and dal
14. 14.Which of these is a need? (a) a video game (b) a third pair of shoes (c) medicine when ill (d) a fancy phone cover
15. 15.🛒 A family has little money. What should it buy first? (a) the costliest thing (b) the most fun thing (c) the needs (d) the wants
16. 16.🛒 Need or want: medicine when ill? (a) a need (b) a want
17. 17.Which of these is a want? (a) a fancy phone cover (b) a school uniform (c) school shoes (d) medicine when ill
18. 18.🔍 Which is the odd one out? (a) a school uniform (b) drinking water (c) designer sunglasses (d) a warm blanket
19. 19.🛍️ Why do businesses that meet needs often sell all year? (a) needs are always free (b) people always need them (c) needs are toys (d) nobody buys needs
20. 20.🔍 Which is the odd one out? (a) soap (b) a fancy phone cover (c) sweets every day (d) designer sunglasses
21. 21.Which of these is a want? (a) a roof over your head (b) a sticker album (c) notebooks for school (d) soap
22. 22.🛒 Need or want: bus fare to school? (a) a need (b) a want
23. 23.Which of these is a need? (a) a bigger TV (b) school shoes (c) a fancy phone cover (d) a party dress
24. 24.💡 A need is something… (a) made of plastic (b) nice but not needed (c) only rich people buy (d) we must have to live
25. 25.Which of these is a need? (a) designer sunglasses (b) a glitter pen set (c) a bigger TV (d) notebooks for school
26. 26.🔍 Which is the odd one out? (a) a party dress (b) notebooks for school (c) a fancy phone cover (d) a video game
27. 27.Which of these is a need? (a) a sticker album (b) a glitter pen set (c) a toy robot (d) a school uniform
28. 28.True or false: “a glitter pen set” is a want. (a) True (b) False
29. 29.Which of these is a want? (a) a warm blanket (b) designer sunglasses (c) bus fare to school (d) drinking water
30. 30.🔍 Which is the odd one out? (a) a party dress (b) designer sunglasses (c) drinking water (d) a glitter pen set
31. 31.Which of these is a want? (a) school shoes (b) a party dress (c) medicine when ill (d) bus fare to school
32. 32.🛒 Need or want: rice and dal? (a) a want (b) a need
33. 33.True or false: “a video game” is a need. (a) True (b) False
34. 34.☔ In the monsoon, which would sell best at a school gate? (a) woollen sweaters (b) ice lollies (c) paper kites (d) umbrellas and raincoats
35. 35.True or false: “a sticker album” is a need. (a) True (b) False
36. 36.🔍 Which is the odd one out? (a) drinking water (b) sweets every day (c) medicine when ill (d) school shoes
37. 37.True or false: “a third pair of shoes” is a want. (a) True (b) False
38. 38.True or false: “a school uniform” is a need. (a) False (b) True
39. 39.True or false: “a school uniform” is a want. (a) False (b) True
40. 40.🔍 Which is the odd one out? (a) bus fare to school (b) a roof over your head (c) a sticker album (d) notebooks for school

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