Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 68 · 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.True or false: “rice and dal” is a want. (a) True (b) False
2. 2.True or false: “notebooks for school” is a want. (a) False (b) True
3. 3.🛒 Need or want: a video game? (a) a need (b) a want
4. 4.🛒 Need or want: designer sunglasses? (a) a want (b) a need
5. 5.True or false: “a video game” is a want. (a) False (b) True
6. 6.True or false: “sweets every day” is a want. (a) False (b) True
7. 7.Which of these is a need? (a) sweets every day (b) a video game (c) medicine when ill (d) a bigger TV
8. 8.Which of these is a need? (a) a third pair of shoes (b) a video game (c) a fancy phone cover (d) notebooks for school
9. 9.Which of these is a need? (a) a glitter pen set (b) a fancy phone cover (c) a video game (d) bus fare to school
10. 10.🛒 Need or want: a warm blanket? (a) a want (b) a need
11. 11.🛍️ Why do businesses that meet needs often sell all year? (a) people always need them (b) nobody buys needs (c) needs are toys (d) needs are always free
12. 12.True or false: “medicine when ill” is a need. (a) False (b) True
13. 13.🎯 A want can still be a good business when… (a) nobody likes it (b) many people want it (c) it is not safe (d) it breaks the rules
14. 14.💡 A need is something… (a) nice but not needed (b) only rich people buy (c) made of plastic (d) we must have to live
15. 15.🔍 Which is the odd one out? (a) a sticker album (b) a fancy phone cover (c) designer sunglasses (d) medicine when ill
16. 16.❄️ On a cold winter morning, which stall would most people want? (a) paper fans (b) water guns (c) hot drinks (d) ice lollies
17. 17.Which of these is a need? (a) a video game (b) a toy robot (c) drinking water (d) a sticker album
18. 18.True or false: “sweets every day” is a need. (a) True (b) False
19. 19.🔍 Which is the odd one out? (a) a warm blanket (b) soap (c) designer sunglasses (d) notebooks for school
20. 20.Which of these is a want? (a) a video game (b) school shoes (c) a roof over your head (d) a warm blanket
21. 21.🛒 Need or want: notebooks for school? (a) a want (b) a need
22. 22.🛒 A family has little money. What should it buy first? (a) the wants (b) the costliest thing (c) the most fun thing (d) the needs
23. 23.Which of these is a want? (a) soap (b) notebooks for school (c) rice and dal (d) a fancy phone cover
24. 24.True or false: “a roof over your head” is a want. (a) True (b) False
25. 25.🍱 A tiffin service mostly meets which? (a) a want: toys (b) a want: games (c) nothing at all (d) a need: food
26. 26.True or false: “a warm blanket” is a need. (a) True (b) False
27. 27.True or false: “a party dress” is a need. (a) False (b) True
28. 28.🛒 Need or want: a third pair of shoes? (a) a need (b) a want
29. 29.🔍 Which is the odd one out? (a) sweets every day (b) bus fare to school (c) school shoes (d) rice and dal
30. 30.Which of these is a want? (a) a warm blanket (b) a roof over your head (c) school shoes (d) a toy robot
31. 31.🔍 Which is the odd one out? (a) a video game (b) a fancy phone cover (c) a glitter pen set (d) school shoes
32. 32.🔍 Which is the odd one out? (a) a sticker album (b) bus fare to school (c) designer sunglasses (d) a glitter pen set
33. 33.🛒 Need or want: drinking water? (a) a need (b) a want
34. 34.Which of these is a want? (a) a warm blanket (b) designer sunglasses (c) a roof over your head (d) bus fare to school
35. 35.True or false: “school shoes” is a want. (a) False (b) True
36. 36.🛒 Need or want: a fancy phone cover? (a) a want (b) a need
37. 37.True or false: “a glitter pen set” is a want. (a) False (b) True
38. 38.🛒 Need or want: rice and dal? (a) a want (b) a need
39. 39.Which of these is a need? (a) a sticker album (b) a school uniform (c) designer sunglasses (d) a toy robot
40. 40.Which of these is a need? (a) a bigger TV (b) a warm blanket (c) a fancy phone cover (d) a sticker album

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