Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 413 · 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: “a fancy phone cover” is a need. (a) True (b) False
2. 2.Which of these is a want? (a) a school uniform (b) rice and dal (c) school shoes (d) a toy robot
3. 3.True or false: “medicine when ill” is a need. (a) False (b) True
4. 4.True or false: “notebooks for school” is a want. (a) True (b) False
5. 5.☔ In the monsoon, which would sell best at a school gate? (a) woollen sweaters (b) umbrellas and raincoats (c) paper kites (d) ice lollies
6. 6.🛒 Need or want: a school uniform? (a) a need (b) a want
7. 7.💡 A need is something… (a) only rich people buy (b) nice but not needed (c) made of plastic (d) we must have to live
8. 8.🛒 Need or want: bus fare to school? (a) a want (b) a need
9. 9.🛒 Need or want: a party dress? (a) a need (b) a want
10. 10.Which of these is a need? (a) a fancy phone cover (b) a third pair of shoes (c) a party dress (d) soap
11. 11.True or false: “school shoes” is a need. (a) True (b) False
12. 12.True or false: “a roof over your head” is a need. (a) False (b) True
13. 13.True or false: “a school uniform” is a want. (a) True (b) False
14. 14.🛒 Need or want: a third pair of shoes? (a) a need (b) a want
15. 15.🛒 A family has little money. What should it buy first? (a) the costliest thing (b) the wants (c) the most fun thing (d) the needs
16. 16.Which of these is a want? (a) designer sunglasses (b) bus fare to school (c) a school uniform (d) soap
17. 17.🛒 Need or want: notebooks for school? (a) a need (b) a want
18. 18.🔍 Which is the odd one out? (a) a bigger TV (b) medicine when ill (c) a warm blanket (d) bus fare to school
19. 19.🔍 Which is the odd one out? (a) designer sunglasses (b) school shoes (c) bus fare to school (d) a roof over your head
20. 20.True or false: “a fancy phone cover” is a want. (a) True (b) False
21. 21.🛒 Need or want: drinking water? (a) a want (b) a need
22. 22.🔍 Which is the odd one out? (a) a glitter pen set (b) a roof over your head (c) rice and dal (d) a school uniform
23. 23.🔍 Which is the odd one out? (a) rice and dal (b) medicine when ill (c) a third pair of shoes (d) school shoes
24. 24.Which of these is a need? (a) designer sunglasses (b) a video game (c) a fancy phone cover (d) a school uniform
25. 25.🔍 Which is the odd one out? (a) medicine when ill (b) a sticker album (c) a video game (d) designer sunglasses
26. 26.Which of these is a want? (a) rice and dal (b) notebooks for school (c) school shoes (d) a bigger TV
27. 27.🎯 A want can still be a good business when… (a) it is not safe (b) nobody likes it (c) it breaks the rules (d) many people want it
28. 28.Which of these is a need? (a) sweets every day (b) a third pair of shoes (c) designer sunglasses (d) a roof over your head
29. 29.🛒 Need or want: a glitter pen set? (a) a need (b) a want
30. 30.True or false: “rice and dal” is a need. (a) True (b) False
31. 31.🔍 Which is the odd one out? (a) a school uniform (b) a roof over your head (c) a video game (d) rice and dal
32. 32.🔍 Which is the odd one out? (a) a party dress (b) bus fare to school (c) a glitter pen set (d) a fancy phone cover
33. 33.❄️ On a cold winter morning, which stall would most people want? (a) paper fans (b) ice lollies (c) water guns (d) hot drinks
34. 34.True or false: “a bigger TV” is a want. (a) False (b) True
35. 35.🔍 Which is the odd one out? (a) a video game (b) a toy robot (c) a third pair of shoes (d) notebooks for school
36. 36.Which of these is a need? (a) sweets every day (b) a fancy phone cover (c) rice and dal (d) a toy robot
37. 37.Which of these is a want? (a) bus fare to school (b) a third pair of shoes (c) medicine when ill (d) school shoes
38. 38.🛒 Need or want: a sticker album? (a) a need (b) a want
39. 39.🔍 Which is the odd one out? (a) medicine when ill (b) notebooks for school (c) school shoes (d) a toy robot
40. 40.True or false: “a glitter pen set” is a need. (a) True (b) False

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