Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 405 · 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.True or false: “medicine when ill” is a want. (a) False (b) True
2. 2.Which of these is a want? (a) sweets every day (b) school shoes (c) medicine when ill (d) bus fare to school
3. 3.Which of these is a want? (a) a school uniform (b) a third pair of shoes (c) soap (d) drinking water
4. 4.Which of these is a want? (a) school shoes (b) a warm blanket (c) notebooks for school (d) a video game
5. 5.True or false: “bus fare to school” is a need. (a) False (b) True
6. 6.🛍️ Why do businesses that meet needs often sell all year? (a) needs are always free (b) needs are toys (c) people always need them (d) nobody buys needs
7. 7.🛒 Need or want: a bigger TV? (a) a need (b) a want
8. 8.🔍 Which is the odd one out? (a) a glitter pen set (b) a party dress (c) school shoes (d) a toy robot
9. 9.🛒 Need or want: a toy robot? (a) a need (b) a want
10. 10.🔍 Which is the odd one out? (a) a video game (b) designer sunglasses (c) a third pair of shoes (d) a warm blanket
11. 11.🛒 Need or want: a warm blanket? (a) a need (b) a want
12. 12.🛒 A family has little money. What should it buy first? (a) the wants (b) the needs (c) the costliest thing (d) the most fun thing
13. 13.🔍 Which is the odd one out? (a) bus fare to school (b) a bigger TV (c) rice and dal (d) school shoes
14. 14.Which of these is a need? (a) a sticker album (b) medicine when ill (c) a party dress (d) a third pair of shoes
15. 15.🔍 Which is the odd one out? (a) notebooks for school (b) a school uniform (c) bus fare to school (d) a third pair of shoes
16. 16.🔍 Which is the odd one out? (a) a third pair of shoes (b) a video game (c) a toy robot (d) rice and dal
17. 17.💡 A need is something… (a) made of plastic (b) nice but not needed (c) we must have to live (d) only rich people buy
18. 18.Which of these is a need? (a) a roof over your head (b) a glitter pen set (c) a bigger TV (d) sweets every day
19. 19.Which of these is a want? (a) drinking water (b) school shoes (c) bus fare to school (d) designer sunglasses
20. 20.🛒 Need or want: a party dress? (a) a need (b) a want
21. 21.🛒 Need or want: notebooks for school? (a) a want (b) a need
22. 22.🔍 Which is the odd one out? (a) medicine when ill (b) a school uniform (c) drinking water (d) a toy robot
23. 23.🍱 A tiffin service mostly meets which? (a) a want: toys (b) nothing at all (c) a want: games (d) a need: food
24. 24.True or false: “a roof over your head” is a need. (a) False (b) True
25. 25.🔍 Which is the odd one out? (a) a video game (b) soap (c) bus fare to school (d) a warm blanket
26. 26.Which of these is a need? (a) a toy robot (b) designer sunglasses (c) rice and dal (d) a third pair of shoes
27. 27.🎯 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
28. 28.🔍 Which is the odd one out? (a) designer sunglasses (b) school shoes (c) bus fare to school (d) drinking water
29. 29.True or false: “a third pair of shoes” is a want. (a) False (b) True
30. 30.🛒 Need or want: soap? (a) a want (b) a need
31. 31.True or false: “soap” is a need. (a) False (b) True
32. 32.🔍 Which is the odd one out? (a) bus fare to school (b) drinking water (c) medicine when ill (d) a fancy phone cover
33. 33.True or false: “school shoes” is a need. (a) True (b) False
34. 34.True or false: “a toy robot” is a need. (a) True (b) False
35. 35.🛒 Need or want: a video game? (a) a want (b) a need
36. 36.Which of these is a need? (a) a fancy phone cover (b) a warm blanket (c) a party dress (d) a third pair of shoes
37. 37.True or false: “a third pair of shoes” is a need. (a) True (b) False
38. 38.🛒 Need or want: a glitter pen set? (a) a need (b) a want
39. 39.Which of these is a need? (a) a glitter pen set (b) a sticker album (c) drinking water (d) sweets every day
40. 40.True or false: “a fancy phone cover” is a want. (a) False (b) True

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