Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 412 · 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: “rice and dal” is a need. (a) True (b) False
2. 2.Which of these is a need? (a) designer sunglasses (b) medicine when ill (c) a video game (d) a third pair of shoes
3. 3.🛒 Need or want: a toy robot? (a) a need (b) a want
4. 4.Which of these is a want? (a) medicine when ill (b) designer sunglasses (c) rice and dal (d) a school uniform
5. 5.Which of these is a need? (a) a bigger TV (b) school shoes (c) a fancy phone cover (d) a glitter pen set
6. 6.🛍️ Why do businesses that meet needs often sell all year? (a) nobody buys needs (b) people always need them (c) needs are toys (d) needs are always free
7. 7.Which of these is a need? (a) a party dress (b) sweets every day (c) a roof over your head (d) a video game
8. 8.🛒 Need or want: drinking water? (a) a want (b) a need
9. 9.🛒 Need or want: bus fare to school? (a) a need (b) a want
10. 10.🔍 Which is the odd one out? (a) notebooks for school (b) a warm blanket (c) a roof over your head (d) a bigger TV
11. 11.True or false: “designer sunglasses” is a want. (a) True (b) False
12. 12.💡 A need is something… (a) we must have to live (b) nice but not needed (c) made of plastic (d) only rich people buy
13. 13.🛒 Need or want: a sticker album? (a) a want (b) a need
14. 14.Which of these is a need? (a) designer sunglasses (b) bus fare to school (c) a toy robot (d) a video game
15. 15.🔍 Which is the odd one out? (a) sweets every day (b) designer sunglasses (c) drinking water (d) a bigger TV
16. 16.True or false: “rice and dal” is a want. (a) True (b) False
17. 17.🛒 A family has little money. What should it buy first? (a) the needs (b) the most fun thing (c) the wants (d) the costliest thing
18. 18.🎯 A want can still be a good business when… (a) many people want it (b) it breaks the rules (c) nobody likes it (d) it is not safe
19. 19.🔍 Which is the odd one out? (a) a bigger TV (b) notebooks for school (c) a glitter pen set (d) designer sunglasses
20. 20.🛒 Need or want: a warm blanket? (a) a need (b) a want
21. 21.Which of these is a need? (a) a fancy phone cover (b) sweets every day (c) a bigger TV (d) a warm blanket
22. 22.True or false: “drinking water” is a need. (a) True (b) False
23. 23.🔍 Which is the odd one out? (a) a glitter pen set (b) medicine when ill (c) a sticker album (d) designer sunglasses
24. 24.🛒 Need or want: a party dress? (a) a want (b) a need
25. 25.True or false: “a glitter pen set” is a need. (a) False (b) True
26. 26.True or false: “a roof over your head” is a want. (a) True (b) False
27. 27.🛒 Need or want: a roof over your head? (a) a want (b) a need
28. 28.True or false: “a toy robot” is a need. (a) False (b) True
29. 29.🔍 Which is the odd one out? (a) sweets every day (b) a toy robot (c) designer sunglasses (d) soap
30. 30.🛒 Need or want: notebooks for school? (a) a want (b) a need
31. 31.🔍 Which is the odd one out? (a) medicine when ill (b) drinking water (c) a party dress (d) a school uniform
32. 32.🔍 Which is the odd one out? (a) a sticker album (b) a school uniform (c) a party dress (d) a glitter pen set
33. 33.🛒 Need or want: a fancy phone cover? (a) a need (b) a want
34. 34.True or false: “medicine when ill” is a want. (a) True (b) False
35. 35.🔍 Which is the odd one out? (a) medicine when ill (b) a roof over your head (c) a toy robot (d) a warm blanket
36. 36.True or false: “a fancy phone cover” is a want. (a) True (b) False
37. 37.🛒 Need or want: school shoes? (a) a need (b) a want
38. 38.🔍 Which is the odd one out? (a) a fancy phone cover (b) sweets every day (c) a party dress (d) a roof over your head
39. 39.☔ In the monsoon, which would sell best at a school gate? (a) ice lollies (b) umbrellas and raincoats (c) woollen sweaters (d) paper kites
40. 40.True or false: “a bigger TV” is a want. (a) False (b) True

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