Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 511 · 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 want? (a) notebooks for school (b) bus fare to school (c) soap (d) sweets every day
2. 2.True or false: “school shoes” is a want. (a) False (b) True
3. 3.True or false: “notebooks for school” is a want. (a) False (b) True
4. 4.True or false: “sweets every day” is a need. (a) True (b) False
5. 5.🔍 Which is the odd one out? (a) a warm blanket (b) school shoes (c) bus fare to school (d) a fancy phone cover
6. 6.True or false: “a school uniform” is a need. (a) True (b) False
7. 7.🛒 Need or want: bus fare to school? (a) a want (b) a need
8. 8.Which of these is a want? (a) a roof over your head (b) a school uniform (c) a glitter pen set (d) a warm blanket
9. 9.☔ In the monsoon, which would sell best at a school gate? (a) woollen sweaters (b) umbrellas and raincoats (c) paper kites (d) ice lollies
10. 10.🛒 Need or want: drinking water? (a) a want (b) a need
11. 11.True or false: “medicine when ill” is a need. (a) False (b) True
12. 12.🔍 Which is the odd one out? (a) a warm blanket (b) a toy robot (c) designer sunglasses (d) sweets every day
13. 13.Which of these is a need? (a) a warm blanket (b) a party dress (c) a video game (d) a third pair of shoes
14. 14.🛒 Need or want: a sticker album? (a) a need (b) a want
15. 15.🔍 Which is the odd one out? (a) a third pair of shoes (b) notebooks for school (c) designer sunglasses (d) a fancy phone cover
16. 16.❄️ On a cold winter morning, which stall would most people want? (a) hot drinks (b) ice lollies (c) paper fans (d) water guns
17. 17.Which of these is a need? (a) a school uniform (b) sweets every day (c) a sticker album (d) a bigger TV
18. 18.Which of these is a want? (a) bus fare to school (b) a warm blanket (c) a toy robot (d) a school uniform
19. 19.🛒 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
20. 20.🛍️ Why do businesses that meet needs often sell all year? (a) people always need them (b) needs are always free (c) nobody buys needs (d) needs are toys
21. 21.🛒 Need or want: a bigger TV? (a) a need (b) a want
22. 22.True or false: “bus fare to school” is a want. (a) True (b) False
23. 23.🛒 Need or want: notebooks for school? (a) a want (b) a need
24. 24.🔍 Which is the odd one out? (a) a video game (b) notebooks for school (c) rice and dal (d) bus fare to school
25. 25.Which of these is a want? (a) a school uniform (b) a roof over your head (c) a bigger TV (d) bus fare to school
26. 26.Which of these is a need? (a) a toy robot (b) sweets every day (c) school shoes (d) a bigger TV
27. 27.🛒 Need or want: a glitter pen set? (a) a want (b) a need
28. 28.Which of these is a want? (a) soap (b) a video game (c) a school uniform (d) notebooks for school
29. 29.🛒 Need or want: sweets every day? (a) a need (b) a want
30. 30.True or false: “a fancy phone cover” is a need. (a) True (b) False
31. 31.Which of these is a want? (a) notebooks for school (b) rice and dal (c) bus fare to school (d) a sticker album
32. 32.💡 A need is something… (a) we must have to live (b) made of plastic (c) nice but not needed (d) only rich people buy
33. 33.True or false: “a roof over your head” is a need. (a) True (b) False
34. 34.🛒 Need or want: soap? (a) a want (b) a need
35. 35.True or false: “a glitter pen set” is a want. (a) False (b) True
36. 36.🔍 Which is the odd one out? (a) a toy robot (b) a fancy phone cover (c) a glitter pen set (d) medicine when ill
37. 37.🔍 Which is the odd one out? (a) a toy robot (b) a video game (c) a third pair of shoes (d) bus fare to school
38. 38.True or false: “a toy robot” is a need. (a) True (b) False
39. 39.True or false: “designer sunglasses” is a need. (a) False (b) True
40. 40.Which of these is a need? (a) a fancy phone cover (b) medicine when ill (c) a bigger TV (d) a third pair of shoes

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