Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 599 · 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: “school shoes” is a want. (a) True (b) False
2. 2.💡 A need is something… (a) made of plastic (b) nice but not needed (c) we must have to live (d) only rich people buy
3. 3.True or false: “a video game” is a need. (a) False (b) True
4. 4.Which of these is a want? (a) a fancy phone cover (b) a school uniform (c) notebooks for school (d) school shoes
5. 5.Which of these is a want? (a) a video game (b) soap (c) a school uniform (d) a roof over your head
6. 6.🔍 Which is the odd one out? (a) a roof over your head (b) a third pair of shoes (c) bus fare to school (d) soap
7. 7.🔍 Which is the odd one out? (a) a school uniform (b) designer sunglasses (c) sweets every day (d) a video game
8. 8.True or false: “a warm blanket” is a want. (a) True (b) False
9. 9.🛒 Need or want: medicine when ill? (a) a want (b) a need
10. 10.True or false: “a third pair of shoes” is a want. (a) False (b) True
11. 11.❄️ On a cold winter morning, which stall would most people want? (a) paper fans (b) water guns (c) ice lollies (d) hot drinks
12. 12.Which of these is a want? (a) medicine when ill (b) bus fare to school (c) a glitter pen set (d) school shoes
13. 13.🔍 Which is the odd one out? (a) a party dress (b) medicine when ill (c) a school uniform (d) school shoes
14. 14.🛒 Need or want: school shoes? (a) a need (b) a want
15. 15.Which of these is a need? (a) a warm blanket (b) a glitter pen set (c) designer sunglasses (d) a fancy phone cover
16. 16.Which of these is a want? (a) a party dress (b) school shoes (c) bus fare to school (d) a warm blanket
17. 17.🔍 Which is the odd one out? (a) school shoes (b) a glitter pen set (c) a sticker album (d) sweets every day
18. 18.True or false: “medicine when ill” is a want. (a) True (b) False
19. 19.True or false: “a toy robot” is a want. (a) False (b) True
20. 20.True or false: “school shoes” is a need. (a) True (b) False
21. 21.Which of these is a want? (a) drinking water (b) a sticker album (c) school shoes (d) notebooks for school
22. 22.True or false: “a school uniform” is a want. (a) False (b) True
23. 23.True or false: “a toy robot” is a need. (a) True (b) False
24. 24.🛒 Need or want: a bigger TV? (a) a want (b) a need
25. 25.🛒 Need or want: a roof over your head? (a) a want (b) a need
26. 26.True or false: “a glitter pen set” is a want. (a) True (b) False
27. 27.Which of these is a want? (a) rice and dal (b) a bigger TV (c) a roof over your head (d) school shoes
28. 28.True or false: “a party dress” is a want. (a) True (b) False
29. 29.🛒 Need or want: sweets every day? (a) a need (b) a want
30. 30.🔍 Which is the odd one out? (a) notebooks for school (b) bus fare to school (c) school shoes (d) a sticker album
31. 31.🔍 Which is the odd one out? (a) a video game (b) rice and dal (c) a warm blanket (d) notebooks for school
32. 32.🍱 A tiffin service mostly meets which? (a) a need: food (b) a want: toys (c) a want: games (d) nothing at all
33. 33.🛍️ Why do businesses that meet needs often sell all year? (a) needs are always free (b) people always need them (c) nobody buys needs (d) needs are toys
34. 34.True or false: “drinking water” is a want. (a) True (b) False
35. 35.True or false: “a party dress” is a need. (a) False (b) True
36. 36.True or false: “notebooks for school” is a need. (a) True (b) False
37. 37.True or false: “rice and dal” is a need. (a) True (b) False
38. 38.🛒 Need or want: bus fare to school? (a) a want (b) a need
39. 39.🔍 Which is the odd one out? (a) medicine when ill (b) designer sunglasses (c) a toy robot (d) a third pair of shoes
40. 40.🔍 Which is the odd one out? (a) a warm blanket (b) a school uniform (c) medicine when ill (d) sweets every day

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