Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 676 · 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 sticker album? (a) a want (b) a need
2. 2.Which of these is a want? (a) drinking water (b) a school uniform (c) a video game (d) school shoes
3. 3.🔍 Which is the odd one out? (a) a school uniform (b) a warm blanket (c) a third pair of shoes (d) bus fare to school
4. 4.Which of these is a need? (a) a warm blanket (b) a glitter pen set (c) a bigger TV (d) designer sunglasses
5. 5.🔍 Which is the odd one out? (a) a third pair of shoes (b) a glitter pen set (c) sweets every day (d) rice and dal
6. 6.Which of these is a need? (a) a sticker album (b) school shoes (c) a third pair of shoes (d) a bigger TV
7. 7.Which of these is a need? (a) a toy robot (b) a roof over your head (c) a bigger TV (d) designer sunglasses
8. 8.🛒 Need or want: sweets every day? (a) a want (b) a need
9. 9.🔍 Which is the odd one out? (a) a third pair of shoes (b) designer sunglasses (c) medicine when ill (d) sweets every day
10. 10.Which of these is a want? (a) a sticker album (b) drinking water (c) bus fare to school (d) rice and dal
11. 11.True or false: “school shoes” is a want. (a) True (b) False
12. 12.🛒 Need or want: a toy robot? (a) a need (b) a want
13. 13.🛒 A family has little money. What should it buy first? (a) the wants (b) the needs (c) the costliest thing (d) the most fun thing
14. 14.Which of these is a want? (a) a third pair of shoes (b) a warm blanket (c) soap (d) drinking water
15. 15.💡 A need is something… (a) nice but not needed (b) made of plastic (c) only rich people buy (d) we must have to live
16. 16.Which of these is a want? (a) school shoes (b) rice and dal (c) a school uniform (d) a toy robot
17. 17.🛒 Need or want: a school uniform? (a) a want (b) a need
18. 18.Which of these is a want? (a) soap (b) rice and dal (c) sweets every day (d) drinking water
19. 19.🛒 Need or want: a fancy phone cover? (a) a want (b) a need
20. 20.True or false: “a toy robot” is a want. (a) False (b) True
21. 21.🔍 Which is the odd one out? (a) notebooks for school (b) a roof over your head (c) school shoes (d) a toy robot
22. 22.☔ In the monsoon, which would sell best at a school gate? (a) woollen sweaters (b) paper kites (c) umbrellas and raincoats (d) ice lollies
23. 23.True or false: “sweets every day” is a need. (a) False (b) True
24. 24.True or false: “a toy robot” is a need. (a) False (b) True
25. 25.🛒 Need or want: rice and dal? (a) a need (b) a want
26. 26.🛒 Need or want: bus fare to school? (a) a want (b) a need
27. 27.🍱 A tiffin service mostly meets which? (a) a want: toys (b) a want: games (c) nothing at all (d) a need: food
28. 28.True or false: “a fancy phone cover” is a want. (a) True (b) False
29. 29.Which of these is a need? (a) a third pair of shoes (b) rice and dal (c) a video game (d) a fancy phone cover
30. 30.🎯 A want can still be a good business when… (a) it is not safe (b) many people want it (c) nobody likes it (d) it breaks the rules
31. 31.True or false: “a school uniform” is a want. (a) True (b) False
32. 32.Which of these is a need? (a) soap (b) a party dress (c) a video game (d) designer sunglasses
33. 33.🛒 Need or want: school shoes? (a) a want (b) a need
34. 34.🛍️ Why do businesses that meet needs often sell all year? (a) needs are always free (b) nobody buys needs (c) people always need them (d) needs are toys
35. 35.🛒 Need or want: a roof over your head? (a) a need (b) a want
36. 36.🛒 Need or want: a party dress? (a) a need (b) a want
37. 37.True or false: “a party dress” is a want. (a) False (b) True
38. 38.Which of these is a need? (a) a glitter pen set (b) a bigger TV (c) drinking water (d) a video game
39. 39.🔍 Which is the odd one out? (a) a fancy phone cover (b) designer sunglasses (c) soap (d) a sticker album
40. 40.Which of these is a want? (a) a roof over your head (b) notebooks for school (c) soap (d) a glitter pen set

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