Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 61 · 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 need? (a) a sticker album (b) a party dress (c) a toy robot (d) drinking water
2. 2.Which of these is a want? (a) drinking water (b) notebooks for school (c) a party dress (d) bus fare to school
3. 3.Which of these is a need? (a) a fancy phone cover (b) sweets every day (c) a glitter pen set (d) school shoes
4. 4.Which of these is a want? (a) a fancy phone cover (b) school shoes (c) a roof over your head (d) notebooks for school
5. 5.Which of these is a want? (a) a warm blanket (b) notebooks for school (c) rice and dal (d) a third pair of shoes
6. 6.Which of these is a want? (a) rice and dal (b) school shoes (c) a roof over your head (d) a video game
7. 7.🍱 A tiffin service mostly meets which? (a) a want: toys (b) nothing at all (c) a want: games (d) a need: food
8. 8.True or false: “school shoes” is a want. (a) False (b) True
9. 9.🔍 Which is the odd one out? (a) a party dress (b) a school uniform (c) medicine when ill (d) notebooks for school
10. 10.True or false: “designer sunglasses” is a want. (a) True (b) False
11. 11.True or false: “school shoes” is a need. (a) True (b) False
12. 12.True or false: “bus fare to school” is a want. (a) False (b) True
13. 13.🛒 Need or want: a roof over your head? (a) a need (b) a want
14. 14.🛒 Need or want: a toy robot? (a) a want (b) a need
15. 15.🎯 A want can still be a good business when… (a) nobody likes it (b) it breaks the rules (c) it is not safe (d) many people want it
16. 16.🛒 Need or want: a warm blanket? (a) a need (b) a want
17. 17.Which of these is a want? (a) drinking water (b) a warm blanket (c) a toy robot (d) medicine when ill
18. 18.🔍 Which is the odd one out? (a) a fancy phone cover (b) bus fare to school (c) rice and dal (d) school shoes
19. 19.🛒 Need or want: a party dress? (a) a need (b) a want
20. 20.🔍 Which is the odd one out? (a) drinking water (b) medicine when ill (c) school shoes (d) a toy robot
21. 21.True or false: “medicine when ill” is a want. (a) False (b) True
22. 22.🛍️ Why do businesses that meet needs often sell all year? (a) needs are toys (b) nobody buys needs (c) needs are always free (d) people always need them
23. 23.True or false: “a third pair of shoes” is a need. (a) False (b) True
24. 24.Which of these is a need? (a) a sticker album (b) a roof over your head (c) a toy robot (d) a video game
25. 25.🔍 Which is the odd one out? (a) a toy robot (b) a third pair of shoes (c) a warm blanket (d) a video game
26. 26.Which of these is a want? (a) bus fare to school (b) a school uniform (c) soap (d) a bigger TV
27. 27.🛒 Need or want: a fancy phone cover? (a) a want (b) a need
28. 28.🛒 Need or want: medicine when ill? (a) a need (b) a want
29. 29.🔍 Which is the odd one out? (a) school shoes (b) drinking water (c) a roof over your head (d) designer sunglasses
30. 30.Which of these is a want? (a) a roof over your head (b) a glitter pen set (c) medicine when ill (d) bus fare to school
31. 31.True or false: “a video game” is a want. (a) False (b) True
32. 32.🔍 Which is the odd one out? (a) a bigger TV (b) a glitter pen set (c) a toy robot (d) notebooks for school
33. 33.💡 A need is something… (a) only rich people buy (b) nice but not needed (c) we must have to live (d) made of plastic
34. 34.🛒 Need or want: sweets every day? (a) a want (b) a need
35. 35.🛒 Need or want: a sticker album? (a) a want (b) a need
36. 36.Which of these is a want? (a) drinking water (b) sweets every day (c) bus fare to school (d) school shoes
37. 37.True or false: “a school uniform” is a need. (a) False (b) True
38. 38.🛒 Need or want: drinking water? (a) a want (b) a need
39. 39.True or false: “a roof over your head” is a need. (a) False (b) True
40. 40.🛒 Need or want: a third pair of shoes? (a) a need (b) a want

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