Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 559 · 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 need. (a) False (b) True
2. 2.Which of these is a need? (a) a third pair of shoes (b) a sticker album (c) a glitter pen set (d) a school uniform
3. 3.🔍 Which is the odd one out? (a) soap (b) medicine when ill (c) sweets every day (d) notebooks for school
4. 4.💡 A need is something… (a) we must have to live (b) made of plastic (c) nice but not needed (d) only rich people buy
5. 5.🛒 Need or want: soap? (a) a want (b) a need
6. 6.Which of these is a need? (a) a glitter pen set (b) a toy robot (c) a sticker album (d) bus fare to school
7. 7.True or false: “a bigger TV” is a want. (a) True (b) False
8. 8.Which of these is a need? (a) a video game (b) a roof over your head (c) a toy robot (d) a party dress
9. 9.Which of these is a need? (a) sweets every day (b) a video game (c) designer sunglasses (d) a warm blanket
10. 10.🔍 Which is the odd one out? (a) a party dress (b) medicine when ill (c) bus fare to school (d) soap
11. 11.❄️ On a cold winter morning, which stall would most people want? (a) water guns (b) ice lollies (c) paper fans (d) hot drinks
12. 12.Which of these is a need? (a) designer sunglasses (b) notebooks for school (c) a video game (d) a third pair of shoes
13. 13.🔍 Which is the odd one out? (a) a roof over your head (b) bus fare to school (c) designer sunglasses (d) a warm blanket
14. 14.🛒 Need or want: rice and dal? (a) a need (b) a want
15. 15.True or false: “school shoes” is a need. (a) False (b) True
16. 16.🛒 Need or want: designer sunglasses? (a) a need (b) a want
17. 17.True or false: “sweets every day” is a need. (a) True (b) False
18. 18.True or false: “a roof over your head” is a want. (a) False (b) True
19. 19.☔ In the monsoon, which would sell best at a school gate? (a) woollen sweaters (b) ice lollies (c) umbrellas and raincoats (d) paper kites
20. 20.Which of these is a need? (a) school shoes (b) a fancy phone cover (c) a video game (d) sweets every day
21. 21.🔍 Which is the odd one out? (a) a school uniform (b) medicine when ill (c) school shoes (d) a bigger TV
22. 22.Which of these is a want? (a) soap (b) a party dress (c) a roof over your head (d) rice and dal
23. 23.🔍 Which is the odd one out? (a) a fancy phone cover (b) a party dress (c) bus fare to school (d) a toy robot
24. 24.🛒 Need or want: drinking water? (a) a need (b) a want
25. 25.🔍 Which is the odd one out? (a) sweets every day (b) a fancy phone cover (c) soap (d) a third pair of shoes
26. 26.🔍 Which is the odd one out? (a) drinking water (b) notebooks for school (c) a warm blanket (d) a fancy phone cover
27. 27.True or false: “soap” is a need. (a) False (b) True
28. 28.🛒 A family has little money. What should it buy first? (a) the costliest thing (b) the most fun thing (c) the needs (d) the wants
29. 29.True or false: “drinking water” is a want. (a) True (b) False
30. 30.🛒 Need or want: a toy robot? (a) a want (b) a need
31. 31.Which of these is a want? (a) bus fare to school (b) a fancy phone cover (c) school shoes (d) a warm blanket
32. 32.🔍 Which is the odd one out? (a) designer sunglasses (b) a sticker album (c) a toy robot (d) a school uniform
33. 33.Which of these is a want? (a) school shoes (b) a bigger TV (c) soap (d) a roof over your head
34. 34.🎯 A want can still be a good business when… (a) nobody likes it (b) it is not safe (c) many people want it (d) it breaks the rules
35. 35.🔍 Which is the odd one out? (a) rice and dal (b) a party dress (c) a glitter pen set (d) a bigger TV
36. 36.🛒 Need or want: a third pair of shoes? (a) a need (b) a want
37. 37.🔍 Which is the odd one out? (a) school shoes (b) a fancy phone cover (c) a sticker album (d) a glitter pen set
38. 38.Which of these is a want? (a) medicine when ill (b) a warm blanket (c) a roof over your head (d) a video game
39. 39.Which of these is a want? (a) a toy robot (b) soap (c) a school uniform (d) rice and dal
40. 40.True or false: “a sticker album” is a need. (a) False (b) True

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