Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 611 · 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.💡 A need is something… (a) only rich people buy (b) made of plastic (c) nice but not needed (d) we must have to live
2. 2.☔ In the monsoon, which would sell best at a school gate? (a) umbrellas and raincoats (b) paper kites (c) ice lollies (d) woollen sweaters
3. 3.🔍 Which is the odd one out? (a) bus fare to school (b) drinking water (c) designer sunglasses (d) a warm blanket
4. 4.🔍 Which is the odd one out? (a) drinking water (b) a party dress (c) a bigger TV (d) a third pair of shoes
5. 5.🛒 Need or want: sweets every day? (a) a need (b) a want
6. 6.True or false: “bus fare to school” is a need. (a) True (b) False
7. 7.🛒 A family has little money. What should it buy first? (a) the costliest thing (b) the wants (c) the needs (d) the most fun thing
8. 8.🔍 Which is the odd one out? (a) a toy robot (b) notebooks for school (c) medicine when ill (d) a school uniform
9. 9.🔍 Which is the odd one out? (a) medicine when ill (b) a warm blanket (c) a video game (d) notebooks for school
10. 10.🛒 Need or want: soap? (a) a need (b) a want
11. 11.True or false: “a party dress” is a want. (a) False (b) True
12. 12.True or false: “a video game” is a need. (a) True (b) False
13. 13.🛒 Need or want: bus fare to school? (a) a need (b) a want
14. 14.True or false: “medicine when ill” is a need. (a) True (b) False
15. 15.Which of these is a want? (a) notebooks for school (b) soap (c) a school uniform (d) a video game
16. 16.Which of these is a need? (a) a third pair of shoes (b) a toy robot (c) bus fare to school (d) a video game
17. 17.True or false: “rice and dal” is a need. (a) True (b) False
18. 18.❄️ On a cold winter morning, which stall would most people want? (a) water guns (b) ice lollies (c) hot drinks (d) paper fans
19. 19.🔍 Which is the odd one out? (a) a roof over your head (b) medicine when ill (c) a third pair of shoes (d) a warm blanket
20. 20.Which of these is a want? (a) drinking water (b) bus fare to school (c) sweets every day (d) soap
21. 21.🛒 Need or want: school shoes? (a) a want (b) a need
22. 22.True or false: “a roof over your head” is a need. (a) False (b) True
23. 23.Which of these is a need? (a) a school uniform (b) a bigger TV (c) a third pair of shoes (d) a toy robot
24. 24.Which of these is a need? (a) notebooks for school (b) a sticker album (c) sweets every day (d) a party dress
25. 25.True or false: “medicine when ill” is a want. (a) False (b) True
26. 26.🛒 Need or want: medicine when ill? (a) a need (b) a want
27. 27.Which of these is a need? (a) a video game (b) a toy robot (c) a sticker album (d) school shoes
28. 28.🛒 Need or want: rice and dal? (a) a want (b) a need
29. 29.Which of these is a need? (a) a video game (b) a third pair of shoes (c) designer sunglasses (d) rice and dal
30. 30.🔍 Which is the odd one out? (a) a party dress (b) a roof over your head (c) a video game (d) a bigger TV
31. 31.🛒 Need or want: a fancy phone cover? (a) a need (b) a want
32. 32.🔍 Which is the odd one out? (a) a third pair of shoes (b) a glitter pen set (c) a bigger TV (d) rice and dal
33. 33.True or false: “a bigger TV” is a need. (a) True (b) False
34. 34.🔍 Which is the odd one out? (a) soap (b) school shoes (c) medicine when ill (d) a glitter pen set
35. 35.Which of these is a want? (a) medicine when ill (b) a roof over your head (c) bus fare to school (d) a glitter pen set
36. 36.🛒 Need or want: a roof over your head? (a) a want (b) a need
37. 37.True or false: “a fancy phone cover” is a need. (a) True (b) False
38. 38.🛍️ Why do businesses that meet needs often sell all year? (a) people always need them (b) needs are always free (c) needs are toys (d) nobody buys needs
39. 39.Which of these is a need? (a) a video game (b) a sticker album (c) a glitter pen set (d) soap
40. 40.Which of these is a want? (a) rice and dal (b) designer sunglasses (c) drinking water (d) a warm blanket

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