Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 569 · 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) medicine when ill (b) a party dress (c) rice and dal (d) a school uniform
2. 2.🔍 Which is the odd one out? (a) drinking water (b) a bigger TV (c) rice and dal (d) school shoes
3. 3.True or false: “a video game” is a need. (a) False (b) True
4. 4.True or false: “designer sunglasses” is a need. (a) True (b) False
5. 5.🛒 Need or want: a sticker album? (a) a need (b) a want
6. 6.True or false: “a fancy phone cover” is a need. (a) True (b) False
7. 7.Which of these is a need? (a) a bigger TV (b) a roof over your head (c) designer sunglasses (d) a sticker album
8. 8.🍱 A tiffin service mostly meets which? (a) nothing at all (b) a need: food (c) a want: toys (d) a want: games
9. 9.💡 A need is something… (a) nice but not needed (b) only rich people buy (c) made of plastic (d) we must have to live
10. 10.True or false: “bus fare to school” is a want. (a) True (b) False
11. 11.True or false: “a toy robot” is a want. (a) False (b) True
12. 12.🔍 Which is the odd one out? (a) designer sunglasses (b) a toy robot (c) a warm blanket (d) a fancy phone cover
13. 13.Which of these is a need? (a) a bigger TV (b) a fancy phone cover (c) bus fare to school (d) designer sunglasses
14. 14.Which of these is a need? (a) a warm blanket (b) a video game (c) a glitter pen set (d) a third pair of shoes
15. 15.🛒 Need or want: a third pair of shoes? (a) a need (b) a want
16. 16.🛍️ Why do businesses that meet needs often sell all year? (a) people always need them (b) needs are toys (c) nobody buys needs (d) needs are always free
17. 17.🔍 Which is the odd one out? (a) a toy robot (b) school shoes (c) a sticker album (d) designer sunglasses
18. 18.🛒 Need or want: a roof over your head? (a) a need (b) a want
19. 19.True or false: “sweets every day” is a need. (a) True (b) False
20. 20.Which of these is a want? (a) soap (b) a fancy phone cover (c) a roof over your head (d) drinking water
21. 21.🔍 Which is the odd one out? (a) school shoes (b) a video game (c) bus fare to school (d) drinking water
22. 22.🛒 Need or want: rice and dal? (a) a need (b) a want
23. 23.True or false: “a third pair of shoes” is a need. (a) True (b) False
24. 24.Which of these is a need? (a) a video game (b) designer sunglasses (c) a third pair of shoes (d) a school uniform
25. 25.Which of these is a need? (a) a glitter pen set (b) a video game (c) sweets every day (d) notebooks for school
26. 26.🎯 A want can still be a good business when… (a) it is not safe (b) many people want it (c) it breaks the rules (d) nobody likes it
27. 27.🔍 Which is the odd one out? (a) a video game (b) bus fare to school (c) a glitter pen set (d) a toy robot
28. 28.Which of these is a need? (a) soap (b) a bigger TV (c) sweets every day (d) a sticker album
29. 29.🛒 Need or want: a video game? (a) a need (b) a want
30. 30.True or false: “a sticker album” is a want. (a) True (b) False
31. 31.🛒 Need or want: a glitter pen set? (a) a need (b) a want
32. 32.🔍 Which is the odd one out? (a) a warm blanket (b) school shoes (c) a third pair of shoes (d) medicine when ill
33. 33.True or false: “rice and dal” is a want. (a) True (b) False
34. 34.Which of these is a want? (a) notebooks for school (b) sweets every day (c) a roof over your head (d) rice and dal
35. 35.🔍 Which is the odd one out? (a) a video game (b) sweets every day (c) a toy robot (d) a school uniform
36. 36.🛒 A family has little money. What should it buy first? (a) the most fun thing (b) the wants (c) the costliest thing (d) the needs
37. 37.🔍 Which is the odd one out? (a) drinking water (b) sweets every day (c) a school uniform (d) bus fare to school
38. 38.🛒 Need or want: a bigger TV? (a) a need (b) a want
39. 39.True or false: “medicine when ill” is a want. (a) False (b) True
40. 40.True or false: “soap” is a need. (a) True (b) False

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