Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 543 · 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: “notebooks for school” is a want. (a) False (b) True
2. 2.Which of these is a need? (a) school shoes (b) a bigger TV (c) a sticker album (d) a third pair of shoes
3. 3.🛍️ Why do businesses that meet needs often sell all year? (a) nobody buys needs (b) people always need them (c) needs are toys (d) needs are always free
4. 4.True or false: “drinking water” is a need. (a) True (b) False
5. 5.🛒 Need or want: notebooks for school? (a) a want (b) a need
6. 6.🔍 Which is the odd one out? (a) a video game (b) a fancy phone cover (c) designer sunglasses (d) school shoes
7. 7.🍱 A tiffin service mostly meets which? (a) a want: games (b) nothing at all (c) a want: toys (d) a need: food
8. 8.🔍 Which is the odd one out? (a) a school uniform (b) notebooks for school (c) drinking water (d) sweets every day
9. 9.🔍 Which is the odd one out? (a) soap (b) bus fare to school (c) rice and dal (d) a bigger TV
10. 10.True or false: “rice and dal” is a need. (a) True (b) False
11. 11.True or false: “school shoes” is a want. (a) True (b) False
12. 12.True or false: “a bigger TV” is a need. (a) False (b) True
13. 13.True or false: “a fancy phone cover” is a need. (a) True (b) False
14. 14.🔍 Which is the odd one out? (a) a bigger TV (b) drinking water (c) a glitter pen set (d) sweets every day
15. 15.🛒 Need or want: a video game? (a) a need (b) a want
16. 16.🔍 Which is the odd one out? (a) a party dress (b) a sticker album (c) a toy robot (d) a roof over your head
17. 17.🔍 Which is the odd one out? (a) a roof over your head (b) a third pair of shoes (c) notebooks for school (d) a school uniform
18. 18.🔍 Which is the odd one out? (a) school shoes (b) a school uniform (c) bus fare to school (d) designer sunglasses
19. 19.💡 A need is something… (a) only rich people buy (b) made of plastic (c) nice but not needed (d) we must have to live
20. 20.🛒 Need or want: medicine when ill? (a) a need (b) a want
21. 21.🛒 Need or want: a glitter pen set? (a) a want (b) a need
22. 22.True or false: “a fancy phone cover” is a want. (a) True (b) False
23. 23.🛒 Need or want: a third pair of shoes? (a) a want (b) a need
24. 24.🔍 Which is the odd one out? (a) a party dress (b) sweets every day (c) a video game (d) rice and dal
25. 25.Which of these is a want? (a) school shoes (b) medicine when ill (c) designer sunglasses (d) a school uniform
26. 26.Which of these is a need? (a) a glitter pen set (b) sweets every day (c) a warm blanket (d) a video game
27. 27.Which of these is a need? (a) a bigger TV (b) notebooks for school (c) a third pair of shoes (d) a party dress
28. 28.🔍 Which is the odd one out? (a) a video game (b) a warm blanket (c) a glitter pen set (d) a bigger TV
29. 29.True or false: “drinking water” is a want. (a) False (b) True
30. 30.True or false: “a roof over your head” is a want. (a) True (b) False
31. 31.🛒 Need or want: a school uniform? (a) a need (b) a want
32. 32.🔍 Which is the odd one out? (a) drinking water (b) a glitter pen set (c) a school uniform (d) a warm blanket
33. 33.🛒 Need or want: a bigger TV? (a) a need (b) a want
34. 34.❄️ On a cold winter morning, which stall would most people want? (a) hot drinks (b) paper fans (c) ice lollies (d) water guns
35. 35.🔍 Which is the odd one out? (a) a fancy phone cover (b) rice and dal (c) a warm blanket (d) bus fare to school
36. 36.🛒 Need or want: a sticker album? (a) a need (b) a want
37. 37.Which of these is a want? (a) drinking water (b) bus fare to school (c) notebooks for school (d) a video game
38. 38.True or false: “a sticker album” is a need. (a) True (b) False
39. 39.Which of these is a want? (a) a school uniform (b) bus fare to school (c) sweets every day (d) notebooks for school
40. 40.🔍 Which is the odd one out? (a) drinking water (b) medicine when ill (c) a school uniform (d) a party dress

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