Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 580 · 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 warm blanket” is a need. (a) False (b) True
2. 2.Which of these is a need? (a) soap (b) a bigger TV (c) sweets every day (d) a fancy phone cover
3. 3.🔍 Which is the odd one out? (a) a third pair of shoes (b) rice and dal (c) a video game (d) a glitter pen set
4. 4.🎯 A want can still be a good business when… (a) many people want it (b) it breaks the rules (c) it is not safe (d) nobody likes it
5. 5.🛒 Need or want: a school uniform? (a) a need (b) a want
6. 6.Which of these is a need? (a) a toy robot (b) a party dress (c) a video game (d) a school uniform
7. 7.🛒 Need or want: a warm blanket? (a) a want (b) a need
8. 8.True or false: “a roof over your head” is a need. (a) False (b) True
9. 9.🛒 A family has little money. What should it buy first? (a) the wants (b) the most fun thing (c) the needs (d) the costliest thing
10. 10.🔍 Which is the odd one out? (a) a bigger TV (b) sweets every day (c) a school uniform (d) a party dress
11. 11.🛒 Need or want: drinking water? (a) a want (b) a need
12. 12.True or false: “a bigger TV” is a want. (a) True (b) False
13. 13.Which of these is a need? (a) sweets every day (b) a sticker album (c) a roof over your head (d) a toy robot
14. 14.🛍️ Why do businesses that meet needs often sell all year? (a) needs are always free (b) nobody buys needs (c) people always need them (d) needs are toys
15. 15.True or false: “medicine when ill” is a want. (a) True (b) False
16. 16.True or false: “bus fare to school” is a need. (a) False (b) True
17. 17.Which of these is a need? (a) sweets every day (b) a toy robot (c) a bigger TV (d) school shoes
18. 18.🔍 Which is the odd one out? (a) a roof over your head (b) a glitter pen set (c) a toy robot (d) a fancy phone cover
19. 19.🔍 Which is the odd one out? (a) a fancy phone cover (b) a warm blanket (c) a video game (d) designer sunglasses
20. 20.🛒 Need or want: rice and dal? (a) a want (b) a need
21. 21.Which of these is a need? (a) a fancy phone cover (b) a sticker album (c) drinking water (d) a party dress
22. 22.Which of these is a want? (a) soap (b) rice and dal (c) a bigger TV (d) a school uniform
23. 23.🍱 A tiffin service mostly meets which? (a) a want: toys (b) nothing at all (c) a want: games (d) a need: food
24. 24.True or false: “a toy robot” is a need. (a) False (b) True
25. 25.🛒 Need or want: a sticker album? (a) a need (b) a want
26. 26.💡 A need is something… (a) nice but not needed (b) only rich people buy (c) made of plastic (d) we must have to live
27. 27.Which of these is a want? (a) a school uniform (b) rice and dal (c) a toy robot (d) drinking water
28. 28.True or false: “school shoes” is a want. (a) True (b) False
29. 29.🛒 Need or want: designer sunglasses? (a) a want (b) a need
30. 30.🔍 Which is the odd one out? (a) a roof over your head (b) a party dress (c) drinking water (d) bus fare to school
31. 31.Which of these is a want? (a) a school uniform (b) a third pair of shoes (c) soap (d) bus fare to school
32. 32.Which of these is a want? (a) soap (b) notebooks for school (c) a video game (d) a school uniform
33. 33.True or false: “a school uniform” is a want. (a) True (b) False
34. 34.🛒 Need or want: a roof over your head? (a) a want (b) a need
35. 35.Which of these is a need? (a) a sticker album (b) a warm blanket (c) a toy robot (d) a video game
36. 36.🛒 Need or want: a toy robot? (a) a need (b) a want
37. 37.🛒 Need or want: school shoes? (a) a need (b) a want
38. 38.🛒 Need or want: a party dress? (a) a want (b) a need
39. 39.Which of these is a want? (a) a roof over your head (b) drinking water (c) a school uniform (d) a party dress
40. 40.☔ In the monsoon, which would sell best at a school gate? (a) woollen sweaters (b) umbrellas and raincoats (c) paper kites (d) ice lollies

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