Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 620 · 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: a video game? (a) a need (b) a want
2. 2.Which of these is a want? (a) a warm blanket (b) a toy robot (c) a school uniform (d) school shoes
3. 3.🛒 Need or want: a school uniform? (a) a want (b) a need
4. 4.🛒 Need or want: a roof over your head? (a) a want (b) a need
5. 5.True or false: “a sticker album” is a want. (a) False (b) True
6. 6.🛒 Need or want: drinking water? (a) a need (b) a want
7. 7.🛒 Need or want: medicine when ill? (a) a need (b) a want
8. 8.🔍 Which is the odd one out? (a) a party dress (b) bus fare to school (c) a third pair of shoes (d) sweets every day
9. 9.True or false: “a warm blanket” is a need. (a) True (b) False
10. 10.True or false: “a toy robot” is a need. (a) False (b) True
11. 11.🔍 Which is the odd one out? (a) a video game (b) a party dress (c) drinking water (d) a fancy phone cover
12. 12.🛒 Need or want: soap? (a) a need (b) a want
13. 13.🔍 Which is the odd one out? (a) bus fare to school (b) notebooks for school (c) a roof over your head (d) sweets every day
14. 14.🔍 Which is the odd one out? (a) a glitter pen set (b) a warm blanket (c) medicine when ill (d) a roof over your head
15. 15.🛒 Need or want: bus fare to school? (a) a need (b) a want
16. 16.🛒 A family has little money. What should it buy first? (a) the costliest thing (b) the most fun thing (c) the needs (d) the wants
17. 17.True or false: “a sticker album” is a need. (a) False (b) True
18. 18.Which of these is a want? (a) a glitter pen set (b) medicine when ill (c) a roof over your head (d) school shoes
19. 19.🍱 A tiffin service mostly meets which? (a) a want: games (b) a want: toys (c) nothing at all (d) a need: food
20. 20.Which of these is a need? (a) school shoes (b) a toy robot (c) a fancy phone cover (d) a video game
21. 21.🔍 Which is the odd one out? (a) a school uniform (b) medicine when ill (c) school shoes (d) a third pair of shoes
22. 22.🛒 Need or want: a party dress? (a) a want (b) a need
23. 23.🛒 Need or want: a sticker album? (a) a need (b) a want
24. 24.💡 A need is something… (a) we must have to live (b) only rich people buy (c) made of plastic (d) nice but not needed
25. 25.🎯 A want can still be a good business when… (a) nobody likes it (b) it is not safe (c) it breaks the rules (d) many people want it
26. 26.🔍 Which is the odd one out? (a) a toy robot (b) a video game (c) soap (d) designer sunglasses
27. 27.🛒 Need or want: designer sunglasses? (a) a want (b) a need
28. 28.Which of these is a need? (a) a third pair of shoes (b) sweets every day (c) a toy robot (d) soap
29. 29.Which of these is a need? (a) a roof over your head (b) designer sunglasses (c) a video game (d) sweets every day
30. 30.Which of these is a need? (a) a sticker album (b) a fancy phone cover (c) drinking water (d) a bigger TV
31. 31.True or false: “rice and dal” is a need. (a) True (b) False
32. 32.🛒 Need or want: a warm blanket? (a) a want (b) a need
33. 33.🔍 Which is the odd one out? (a) a roof over your head (b) rice and dal (c) a warm blanket (d) a fancy phone cover
34. 34.🛍️ Why do businesses that meet needs often sell all year? (a) needs are toys (b) people always need them (c) needs are always free (d) nobody buys needs
35. 35.🛒 Need or want: a fancy phone cover? (a) a want (b) a need
36. 36.🛒 Need or want: notebooks for school? (a) a want (b) a need
37. 37.Which of these is a need? (a) a glitter pen set (b) rice and dal (c) a video game (d) a party dress
38. 38.True or false: “a fancy phone cover” is a need. (a) True (b) False
39. 39.True or false: “notebooks for school” is a want. (a) True (b) False
40. 40.🔍 Which is the odd one out? (a) a bigger TV (b) a school uniform (c) a toy robot (d) a third pair of shoes

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