Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 60 · 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 video game” is a need. (a) True (b) False
2. 2.🛒 Need or want: notebooks for school? (a) a want (b) a need
3. 3.🔍 Which is the odd one out? (a) a party dress (b) a bigger TV (c) a video game (d) drinking water
4. 4.True or false: “sweets every day” is a need. (a) False (b) True
5. 5.Which of these is a need? (a) a video game (b) a fancy phone cover (c) designer sunglasses (d) soap
6. 6.🛒 Need or want: a sticker album? (a) a need (b) a want
7. 7.☔ In the monsoon, which would sell best at a school gate? (a) ice lollies (b) umbrellas and raincoats (c) woollen sweaters (d) paper kites
8. 8.🔍 Which is the odd one out? (a) a video game (b) drinking water (c) medicine when ill (d) soap
9. 9.🛍️ Why do businesses that meet needs often sell all year? (a) nobody buys needs (b) needs are always free (c) needs are toys (d) people always need them
10. 10.True or false: “a school uniform” is a need. (a) False (b) True
11. 11.True or false: “drinking water” is a need. (a) True (b) False
12. 12.🛒 Need or want: medicine when ill? (a) a need (b) a want
13. 13.True or false: “designer sunglasses” is a want. (a) True (b) False
14. 14.Which of these is a want? (a) drinking water (b) a school uniform (c) a roof over your head (d) sweets every day
15. 15.True or false: “a bigger TV” is a want. (a) True (b) False
16. 16.True or false: “school shoes” is a want. (a) True (b) False
17. 17.🛒 A family has little money. What should it buy first? (a) the most fun thing (b) the costliest thing (c) the needs (d) the wants
18. 18.❄️ On a cold winter morning, which stall would most people want? (a) paper fans (b) water guns (c) hot drinks (d) ice lollies
19. 19.🛒 Need or want: a video game? (a) a need (b) a want
20. 20.True or false: “medicine when ill” is a need. (a) False (b) True
21. 21.Which of these is a want? (a) medicine when ill (b) a warm blanket (c) school shoes (d) a sticker album
22. 22.🛒 Need or want: sweets every day? (a) a need (b) a want
23. 23.🔍 Which is the odd one out? (a) a school uniform (b) a sticker album (c) rice and dal (d) soap
24. 24.🛒 Need or want: designer sunglasses? (a) a want (b) a need
25. 25.🔍 Which is the odd one out? (a) a sticker album (b) bus fare to school (c) a bigger TV (d) a glitter pen set
26. 26.True or false: “medicine when ill” is a want. (a) True (b) False
27. 27.🔍 Which is the odd one out? (a) a fancy phone cover (b) a sticker album (c) medicine when ill (d) a glitter pen set
28. 28.True or false: “a fancy phone cover” is a want. (a) False (b) True
29. 29.🛒 Need or want: a roof over your head? (a) a need (b) a want
30. 30.🔍 Which is the odd one out? (a) a warm blanket (b) a roof over your head (c) sweets every day (d) notebooks for school
31. 31.🛒 Need or want: school shoes? (a) a want (b) a need
32. 32.🛒 Need or want: soap? (a) a need (b) a want
33. 33.🛒 Need or want: a school uniform? (a) a want (b) a need
34. 34.Which of these is a need? (a) a toy robot (b) a sticker album (c) designer sunglasses (d) a school uniform
35. 35.True or false: “soap” is a want. (a) True (b) False
36. 36.🛒 Need or want: a glitter pen set? (a) a want (b) a need
37. 37.True or false: “bus fare to school” is a want. (a) False (b) True
38. 38.True or false: “notebooks for school” is a want. (a) True (b) False
39. 39.Which of these is a need? (a) designer sunglasses (b) a party dress (c) a toy robot (d) drinking water
40. 40.Which of these is a need? (a) designer sunglasses (b) a sticker album (c) a third pair of shoes (d) rice and dal

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