Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 440 · 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.Which of these is a need? (a) designer sunglasses (b) a third pair of shoes (c) a roof over your head (d) a party dress
2. 2.True or false: “a roof over your head” is a want. (a) True (b) False
3. 3.True or false: “drinking water” is a want. (a) False (b) True
4. 4.🛒 Need or want: sweets every day? (a) a want (b) a need
5. 5.🛒 Need or want: a roof over your head? (a) a need (b) a want
6. 6.🛒 Need or want: a fancy phone cover? (a) a want (b) a need
7. 7.True or false: “medicine when ill” is a want. (a) False (b) True
8. 8.True or false: “a party dress” is a want. (a) True (b) False
9. 9.🔍 Which is the odd one out? (a) a roof over your head (b) notebooks for school (c) sweets every day (d) school shoes
10. 10.🔍 Which is the odd one out? (a) rice and dal (b) bus fare to school (c) a party dress (d) drinking water
11. 11.🛒 Need or want: a toy robot? (a) a need (b) a want
12. 12.🔍 Which is the odd one out? (a) a glitter pen set (b) a third pair of shoes (c) soap (d) a toy robot
13. 13.Which of these is a want? (a) a party dress (b) notebooks for school (c) bus fare to school (d) drinking water
14. 14.🔍 Which is the odd one out? (a) a bigger TV (b) sweets every day (c) drinking water (d) designer sunglasses
15. 15.🛒 Need or want: a warm blanket? (a) a want (b) a need
16. 16.Which of these is a need? (a) a fancy phone cover (b) notebooks for school (c) a third pair of shoes (d) a bigger TV
17. 17.🔍 Which is the odd one out? (a) a glitter pen set (b) notebooks for school (c) a party dress (d) sweets every day
18. 18.🔍 Which is the odd one out? (a) a warm blanket (b) a party dress (c) designer sunglasses (d) a third pair of shoes
19. 19.🛒 Need or want: a sticker album? (a) a need (b) a want
20. 20.True or false: “a fancy phone cover” is a need. (a) True (b) False
21. 21.🔍 Which is the odd one out? (a) medicine when ill (b) rice and dal (c) bus fare to school (d) a sticker album
22. 22.🔍 Which is the odd one out? (a) rice and dal (b) a fancy phone cover (c) notebooks for school (d) a school uniform
23. 23.True or false: “drinking water” is a need. (a) False (b) True
24. 24.🔍 Which is the odd one out? (a) a fancy phone cover (b) a party dress (c) a video game (d) a roof over your head
25. 25.🛒 Need or want: notebooks for school? (a) a need (b) a want
26. 26.True or false: “notebooks for school” is a need. (a) False (b) True
27. 27.Which of these is a want? (a) a roof over your head (b) sweets every day (c) school shoes (d) drinking water
28. 28.🛒 Need or want: a school uniform? (a) a need (b) a want
29. 29.🛒 Need or want: soap? (a) a want (b) a need
30. 30.💡 A need is something… (a) only rich people buy (b) we must have to live (c) made of plastic (d) nice but not needed
31. 31.☔ In the monsoon, which would sell best at a school gate? (a) woollen sweaters (b) paper kites (c) ice lollies (d) umbrellas and raincoats
32. 32.True or false: “a sticker album” is a need. (a) True (b) False
33. 33.🔍 Which is the odd one out? (a) designer sunglasses (b) sweets every day (c) medicine when ill (d) a sticker album
34. 34.True or false: “a bigger TV” is a want. (a) True (b) False
35. 35.🛒 Need or want: a glitter pen set? (a) a need (b) a want
36. 36.True or false: “school shoes” is a want. (a) False (b) True
37. 37.True or false: “bus fare to school” is a need. (a) False (b) True
38. 38.Which of these is a need? (a) a third pair of shoes (b) a video game (c) a school uniform (d) designer sunglasses
39. 39.True or false: “bus fare to school” is a want. (a) True (b) False
40. 40.🎯 A want can still be a good business when… (a) nobody likes it (b) it breaks the rules (c) it is not safe (d) many people want it

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