Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 556 · 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: “a fancy phone cover” is a want. (a) False (b) True
2. 2.🛒 Need or want: notebooks for school? (a) a need (b) a want
3. 3.Which of these is a need? (a) a video game (b) medicine when ill (c) a toy robot (d) a third pair of shoes
4. 4.🔍 Which is the odd one out? (a) rice and dal (b) a roof over your head (c) school shoes (d) a video game
5. 5.🛍️ Why do businesses that meet needs often sell all year? (a) needs are toys (b) people always need them (c) needs are always free (d) nobody buys needs
6. 6.🔍 Which is the odd one out? (a) a third pair of shoes (b) a warm blanket (c) a sticker album (d) a fancy phone cover
7. 7.True or false: “medicine when ill” is a need. (a) True (b) False
8. 8.🛒 Need or want: school shoes? (a) a want (b) a need
9. 9.True or false: “a sticker album” is a need. (a) False (b) True
10. 10.🔍 Which is the odd one out? (a) a roof over your head (b) a party dress (c) sweets every day (d) a toy robot
11. 11.🛒 Need or want: a roof over your head? (a) a need (b) a want
12. 12.🛒 Need or want: a sticker album? (a) a need (b) a want
13. 13.🔍 Which is the odd one out? (a) soap (b) a warm blanket (c) a party dress (d) a roof over your head
14. 14.True or false: “a bigger TV” is a want. (a) False (b) True
15. 15.Which of these is a want? (a) school shoes (b) a roof over your head (c) soap (d) a bigger TV
16. 16.🛒 Need or want: a warm blanket? (a) a want (b) a need
17. 17.🔍 Which is the odd one out? (a) a fancy phone cover (b) a third pair of shoes (c) designer sunglasses (d) bus fare to school
18. 18.🔍 Which is the odd one out? (a) a video game (b) a fancy phone cover (c) notebooks for school (d) sweets every day
19. 19.🍱 A tiffin service mostly meets which? (a) nothing at all (b) a need: food (c) a want: games (d) a want: toys
20. 20.Which of these is a want? (a) medicine when ill (b) a toy robot (c) a warm blanket (d) soap
21. 21.🛒 Need or want: a party dress? (a) a want (b) a need
22. 22.🛒 A family has little money. What should it buy first? (a) the most fun thing (b) the wants (c) the needs (d) the costliest thing
23. 23.🛒 Need or want: a school uniform? (a) a need (b) a want
24. 24.Which of these is a need? (a) a party dress (b) a school uniform (c) a third pair of shoes (d) a toy robot
25. 25.🛒 Need or want: designer sunglasses? (a) a want (b) a need
26. 26.True or false: “a school uniform” is a want. (a) True (b) False
27. 27.True or false: “a bigger TV” is a need. (a) False (b) True
28. 28.Which of these is a need? (a) a fancy phone cover (b) a warm blanket (c) a third pair of shoes (d) a party dress
29. 29.💡 A need is something… (a) nice but not needed (b) only rich people buy (c) made of plastic (d) we must have to live
30. 30.🛒 Need or want: medicine when ill? (a) a need (b) a want
31. 31.🛒 Need or want: bus fare to school? (a) a need (b) a want
32. 32.True or false: “soap” is a want. (a) False (b) True
33. 33.🛒 Need or want: soap? (a) a need (b) a want
34. 34.🎯 A want can still be a good business when… (a) it breaks the rules (b) many people want it (c) it is not safe (d) nobody likes it
35. 35.Which of these is a need? (a) a party dress (b) bus fare to school (c) a video game (d) a toy robot
36. 36.🛒 Need or want: a fancy phone cover? (a) a want (b) a need
37. 37.Which of these is a want? (a) a warm blanket (b) a school uniform (c) bus fare to school (d) sweets every day
38. 38.🔍 Which is the odd one out? (a) notebooks for school (b) a roof over your head (c) a fancy phone cover (d) school shoes
39. 39.🛒 Need or want: a bigger TV? (a) a want (b) a need
40. 40.Which of these is a need? (a) sweets every day (b) a bigger TV (c) a glitter pen set (d) drinking water

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