Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 362 · 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.🛒 Need or want: medicine when ill? (a) a want (b) a need
2. 2.🛒 Need or want: school shoes? (a) a want (b) a need
3. 3.🛒 Need or want: a roof over your head? (a) a need (b) a want
4. 4.❄️ On a cold winter morning, which stall would most people want? (a) ice lollies (b) paper fans (c) water guns (d) hot drinks
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) a party dress (b) a fancy phone cover (c) a school uniform (d) a bigger TV
7. 7.💡 A need is something… (a) made of plastic (b) we must have to live (c) only rich people buy (d) nice but not needed
8. 8.Which of these is a need? (a) a party dress (b) a toy robot (c) bus fare to school (d) designer sunglasses
9. 9.🔍 Which is the odd one out? (a) designer sunglasses (b) a third pair of shoes (c) drinking water (d) a bigger TV
10. 10.🔍 Which is the odd one out? (a) a party dress (b) school shoes (c) bus fare to school (d) a school uniform
11. 11.True or false: “a video game” is a want. (a) False (b) True
12. 12.🔍 Which is the odd one out? (a) rice and dal (b) drinking water (c) a fancy phone cover (d) a warm blanket
13. 13.🔍 Which is the odd one out? (a) a sticker album (b) designer sunglasses (c) soap (d) a fancy phone cover
14. 14.Which of these is a need? (a) a glitter pen set (b) a roof over your head (c) designer sunglasses (d) a third pair of shoes
15. 15.True or false: “rice and dal” is a need. (a) True (b) False
16. 16.🛒 Need or want: a party dress? (a) a want (b) a need
17. 17.True or false: “medicine when ill” is a want. (a) False (b) True
18. 18.Which of these is a want? (a) school shoes (b) notebooks for school (c) a party dress (d) drinking water
19. 19.True or false: “a video game” is a need. (a) True (b) False
20. 20.🛒 A family has little money. What should it buy first? (a) the wants (b) the most fun thing (c) the needs (d) the costliest thing
21. 21.🛒 Need or want: notebooks for school? (a) a need (b) a want
22. 22.🎯 A want can still be a good business when… (a) it breaks the rules (b) it is not safe (c) nobody likes it (d) many people want it
23. 23.🛒 Need or want: a video game? (a) a want (b) a need
24. 24.🔍 Which is the odd one out? (a) soap (b) a warm blanket (c) bus fare to school (d) a sticker album
25. 25.Which of these is a want? (a) a sticker album (b) medicine when ill (c) bus fare to school (d) drinking water
26. 26.🛒 Need or want: sweets every day? (a) a want (b) a need
27. 27.True or false: “bus fare to school” is a need. (a) False (b) True
28. 28.Which of these is a want? (a) drinking water (b) bus fare to school (c) designer sunglasses (d) rice and dal
29. 29.Which of these is a want? (a) rice and dal (b) medicine when ill (c) a glitter pen set (d) soap
30. 30.Which of these is a need? (a) a video game (b) drinking water (c) a third pair of shoes (d) sweets every day
31. 31.🔍 Which is the odd one out? (a) soap (b) designer sunglasses (c) medicine when ill (d) notebooks for school
32. 32.True or false: “drinking water” is a want. (a) True (b) False
33. 33.Which of these is a want? (a) drinking water (b) a roof over your head (c) a third pair of shoes (d) a warm blanket
34. 34.True or false: “a glitter pen set” is a need. (a) True (b) False
35. 35.🔍 Which is the odd one out? (a) medicine when ill (b) notebooks for school (c) school shoes (d) a third pair of shoes
36. 36.🛒 Need or want: a fancy phone cover? (a) a want (b) a need
37. 37.🔍 Which is the odd one out? (a) a fancy phone cover (b) a third pair of shoes (c) a warm blanket (d) a party dress
38. 38.Which of these is a need? (a) a bigger TV (b) a sticker album (c) a video game (d) medicine when ill
39. 39.True or false: “a warm blanket” is a want. (a) False (b) True
40. 40.Which of these is a need? (a) designer sunglasses (b) a fancy phone cover (c) school shoes (d) a toy robot

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