Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 619 · 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.🛒 Need or want: soap? (a) a need (b) a want
2. 2.Which of these is a need? (a) a party dress (b) a fancy phone cover (c) designer sunglasses (d) medicine when ill
3. 3.Which of these is a want? (a) rice and dal (b) drinking water (c) bus fare to school (d) a glitter pen set
4. 4.🎯 A want can still be a good business when… (a) many people want it (b) it is not safe (c) nobody likes it (d) it breaks the rules
5. 5.True or false: “a bigger TV” is a need. (a) True (b) False
6. 6.🔍 Which is the odd one out? (a) a fancy phone cover (b) sweets every day (c) a video game (d) a warm blanket
7. 7.True or false: “sweets every day” is a need. (a) False (b) True
8. 8.Which of these is a need? (a) designer sunglasses (b) drinking water (c) a toy robot (d) sweets every day
9. 9.True or false: “rice and dal” is a want. (a) True (b) False
10. 10.🛒 Need or want: a third pair of shoes? (a) a want (b) a need
11. 11.True or false: “notebooks for school” is a want. (a) True (b) False
12. 12.Which of these is a want? (a) a roof over your head (b) a party dress (c) soap (d) bus fare to school
13. 13.Which of these is a need? (a) a warm blanket (b) a video game (c) a toy robot (d) a fancy phone cover
14. 14.🛒 Need or want: a school uniform? (a) a want (b) a need
15. 15.🔍 Which is the odd one out? (a) a roof over your head (b) drinking water (c) soap (d) a party dress
16. 16.🛒 Need or want: school shoes? (a) a need (b) a want
17. 17.🛒 Need or want: designer sunglasses? (a) a need (b) a want
18. 18.🔍 Which is the odd one out? (a) medicine when ill (b) soap (c) bus fare to school (d) a sticker album
19. 19.True or false: “bus fare to school” is a want. (a) False (b) True
20. 20.💡 A need is something… (a) made of plastic (b) nice but not needed (c) only rich people buy (d) we must have to live
21. 21.Which of these is a want? (a) soap (b) medicine when ill (c) a bigger TV (d) a roof over your head
22. 22.True or false: “a third pair of shoes” is a need. (a) True (b) False
23. 23.True or false: “soap” is a want. (a) False (b) True
24. 24.❄️ On a cold winter morning, which stall would most people want? (a) ice lollies (b) hot drinks (c) paper fans (d) water guns
25. 25.True or false: “a glitter pen set” is a want. (a) True (b) False
26. 26.Which of these is a need? (a) sweets every day (b) a toy robot (c) a glitter pen set (d) a roof over your head
27. 27.🔍 Which is the odd one out? (a) a roof over your head (b) notebooks for school (c) school shoes (d) a third pair of shoes
28. 28.Which of these is a want? (a) designer sunglasses (b) school shoes (c) notebooks for school (d) a warm blanket
29. 29.🛒 Need or want: medicine when ill? (a) a need (b) a want
30. 30.Which of these is a need? (a) sweets every day (b) a school uniform (c) a glitter pen set (d) designer sunglasses
31. 31.Which of these is a need? (a) soap (b) a fancy phone cover (c) a sticker album (d) a glitter pen set
32. 32.🔍 Which is the odd one out? (a) a bigger TV (b) a fancy phone cover (c) bus fare to school (d) designer sunglasses
33. 33.🛒 Need or want: bus fare to school? (a) a want (b) a need
34. 34.🔍 Which is the odd one out? (a) medicine when ill (b) a roof over your head (c) bus fare to school (d) a fancy phone cover
35. 35.🛍️ Why do businesses that meet needs often sell all year? (a) nobody buys needs (b) needs are toys (c) needs are always free (d) people always need them
36. 36.🔍 Which is the odd one out? (a) a fancy phone cover (b) notebooks for school (c) a toy robot (d) a sticker album
37. 37.True or false: “bus fare to school” is a need. (a) True (b) False
38. 38.Which of these is a want? (a) a roof over your head (b) a fancy phone cover (c) medicine when ill (d) a warm blanket
39. 39.Which of these is a need? (a) notebooks for school (b) a third pair of shoes (c) a fancy phone cover (d) a toy robot
40. 40.🔍 Which is the odd one out? (a) a warm blanket (b) soap (c) a bigger TV (d) bus fare to school

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