Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 494 · 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.🛒 Need or want: a roof over your head? (a) a need (b) a want
2. 2.Which of these is a want? (a) a roof over your head (b) rice and dal (c) school shoes (d) designer sunglasses
3. 3.🛒 Need or want: a bigger TV? (a) a want (b) a need
4. 4.Which of these is a need? (a) a video game (b) designer sunglasses (c) a toy robot (d) school shoes
5. 5.🛒 Need or want: designer sunglasses? (a) a want (b) a need
6. 6.🛒 A family has little money. What should it buy first? (a) the most fun thing (b) the needs (c) the wants (d) the costliest thing
7. 7.Which of these is a need? (a) bus fare to school (b) a party dress (c) designer sunglasses (d) a video game
8. 8.🛒 Need or want: a fancy phone cover? (a) a want (b) a need
9. 9.🔍 Which is the odd one out? (a) notebooks for school (b) bus fare to school (c) a sticker album (d) soap
10. 10.Which of these is a need? (a) medicine when ill (b) a fancy phone cover (c) a party dress (d) a sticker album
11. 11.True or false: “medicine when ill” is a need. (a) False (b) True
12. 12.True or false: “a sticker album” is a need. (a) True (b) False
13. 13.🛒 Need or want: notebooks for school? (a) a want (b) a need
14. 14.☔ In the monsoon, which would sell best at a school gate? (a) woollen sweaters (b) paper kites (c) umbrellas and raincoats (d) ice lollies
15. 15.🔍 Which is the odd one out? (a) a warm blanket (b) notebooks for school (c) designer sunglasses (d) rice and dal
16. 16.🔍 Which is the odd one out? (a) drinking water (b) bus fare to school (c) soap (d) a party dress
17. 17.💡 A need is something… (a) only rich people buy (b) made of plastic (c) nice but not needed (d) we must have to live
18. 18.🛍️ Why do businesses that meet needs often sell all year? (a) needs are always free (b) people always need them (c) nobody buys needs (d) needs are toys
19. 19.Which of these is a want? (a) soap (b) a toy robot (c) notebooks for school (d) school shoes
20. 20.🔍 Which is the odd one out? (a) a video game (b) a third pair of shoes (c) a toy robot (d) a roof over your head
21. 21.🔍 Which is the odd one out? (a) a third pair of shoes (b) a warm blanket (c) sweets every day (d) a fancy phone cover
22. 22.True or false: “soap” is a want. (a) True (b) False
23. 23.True or false: “a fancy phone cover” is a want. (a) False (b) True
24. 24.🛒 Need or want: a warm blanket? (a) a want (b) a need
25. 25.True or false: “notebooks for school” is a want. (a) True (b) False
26. 26.True or false: “a toy robot” is a need. (a) False (b) True
27. 27.🛒 Need or want: medicine when ill? (a) a need (b) a want
28. 28.Which of these is a want? (a) a school uniform (b) school shoes (c) a party dress (d) a roof over your head
29. 29.True or false: “a third pair of shoes” is a want. (a) False (b) True
30. 30.🛒 Need or want: bus fare to school? (a) a want (b) a need
31. 31.🛒 Need or want: soap? (a) a want (b) a need
32. 32.🛒 Need or want: a school uniform? (a) a need (b) a want
33. 33.True or false: “rice and dal” is a want. (a) False (b) True
34. 34.🎯 A want can still be a good business when… (a) it breaks the rules (b) nobody likes it (c) it is not safe (d) many people want it
35. 35.🛒 Need or want: rice and dal? (a) a need (b) a want
36. 36.Which of these is a need? (a) a glitter pen set (b) a toy robot (c) notebooks for school (d) a bigger TV
37. 37.🛒 Need or want: drinking water? (a) a need (b) a want
38. 38.Which of these is a need? (a) a glitter pen set (b) soap (c) designer sunglasses (d) a fancy phone cover
39. 39.🛒 Need or want: a party dress? (a) a want (b) a need
40. 40.Which of these is a want? (a) notebooks for school (b) rice and dal (c) a school uniform (d) a fancy phone cover

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