Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 418 · 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: “soap” is a want. (a) False (b) True
2. 2.🔍 Which is the odd one out? (a) a school uniform (b) a warm blanket (c) medicine when ill (d) a video game
3. 3.True or false: “a bigger TV” is a need. (a) True (b) False
4. 4.True or false: “designer sunglasses” is a need. (a) True (b) False
5. 5.🛍️ Why do businesses that meet needs often sell all year? (a) needs are toys (b) needs are always free (c) people always need them (d) nobody buys needs
6. 6.🛒 Need or want: a fancy phone cover? (a) a want (b) a need
7. 7.True or false: “school shoes” is a need. (a) False (b) True
8. 8.🔍 Which is the odd one out? (a) a fancy phone cover (b) notebooks for school (c) school shoes (d) bus fare to school
9. 9.🔍 Which is the odd one out? (a) a school uniform (b) rice and dal (c) school shoes (d) a glitter pen set
10. 10.🔍 Which is the odd one out? (a) a sticker album (b) a glitter pen set (c) soap (d) a bigger TV
11. 11.🎯 A want can still be a good business when… (a) it breaks the rules (b) many people want it (c) nobody likes it (d) it is not safe
12. 12.☔ In the monsoon, which would sell best at a school gate? (a) umbrellas and raincoats (b) ice lollies (c) paper kites (d) woollen sweaters
13. 13.True or false: “a fancy phone cover” is a want. (a) True (b) False
14. 14.Which of these is a want? (a) a video game (b) medicine when ill (c) school shoes (d) notebooks for school
15. 15.🔍 Which is the odd one out? (a) a video game (b) designer sunglasses (c) a sticker album (d) a warm blanket
16. 16.True or false: “notebooks for school” is a need. (a) False (b) True
17. 17.🛒 Need or want: notebooks for school? (a) a want (b) a need
18. 18.Which of these is a need? (a) designer sunglasses (b) a video game (c) a fancy phone cover (d) notebooks for school
19. 19.True or false: “a video game” is a need. (a) True (b) False
20. 20.Which of these is a want? (a) a warm blanket (b) a sticker album (c) a roof over your head (d) notebooks for school
21. 21.True or false: “rice and dal” is a need. (a) False (b) True
22. 22.True or false: “rice and dal” is a want. (a) True (b) False
23. 23.🔍 Which is the odd one out? (a) a third pair of shoes (b) a video game (c) sweets every day (d) notebooks for school
24. 24.True or false: “a school uniform” is a need. (a) True (b) False
25. 25.🔍 Which is the odd one out? (a) school shoes (b) a warm blanket (c) a party dress (d) rice and dal
26. 26.🛒 Need or want: drinking water? (a) a need (b) a want
27. 27.🛒 Need or want: a third pair of shoes? (a) a want (b) a need
28. 28.💡 A need is something… (a) we must have to live (b) made of plastic (c) only rich people buy (d) nice but not needed
29. 29.True or false: “a warm blanket” is a need. (a) True (b) False
30. 30.Which of these is a want? (a) rice and dal (b) a fancy phone cover (c) drinking water (d) school shoes
31. 31.Which of these is a need? (a) sweets every day (b) a video game (c) soap (d) a glitter pen set
32. 32.Which of these is a want? (a) medicine when ill (b) a roof over your head (c) designer sunglasses (d) school shoes
33. 33.🔍 Which is the odd one out? (a) bus fare to school (b) rice and dal (c) sweets every day (d) school shoes
34. 34.Which of these is a need? (a) a party dress (b) a glitter pen set (c) a school uniform (d) a fancy phone cover
35. 35.Which of these is a want? (a) school shoes (b) notebooks for school (c) a warm blanket (d) sweets every day
36. 36.🔍 Which is the odd one out? (a) notebooks for school (b) rice and dal (c) a third pair of shoes (d) a roof over your head
37. 37.🛒 Need or want: a glitter pen set? (a) a need (b) a want
38. 38.True or false: “sweets every day” is a need. (a) True (b) False
39. 39.True or false: “medicine when ill” is a need. (a) True (b) False
40. 40.Which of these is a need? (a) drinking water (b) a video game (c) designer sunglasses (d) sweets every day

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