Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 684 · 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.Which of these is a need? (a) a fancy phone cover (b) bus fare to school (c) a video game (d) designer sunglasses
2. 2.True or false: “bus fare to school” is a want. (a) True (b) False
3. 3.🛒 Need or want: rice and dal? (a) a want (b) a need
4. 4.Which of these is a want? (a) a warm blanket (b) bus fare to school (c) school shoes (d) a bigger TV
5. 5.Which of these is a want? (a) a fancy phone cover (b) a school uniform (c) a roof over your head (d) drinking water
6. 6.Which of these is a want? (a) bus fare to school (b) a video game (c) a warm blanket (d) school shoes
7. 7.🔍 Which is the odd one out? (a) a roof over your head (b) notebooks for school (c) a fancy phone cover (d) medicine when ill
8. 8.🛒 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
9. 9.🔍 Which is the odd one out? (a) soap (b) a video game (c) school shoes (d) a warm blanket
10. 10.Which of these is a want? (a) medicine when ill (b) a warm blanket (c) a third pair of shoes (d) drinking water
11. 11.🛒 Need or want: school shoes? (a) a want (b) a need
12. 12.🔍 Which is the odd one out? (a) designer sunglasses (b) a toy robot (c) sweets every day (d) school shoes
13. 13.🔍 Which is the odd one out? (a) a toy robot (b) a third pair of shoes (c) a roof over your head (d) a fancy phone cover
14. 14.True or false: “a warm blanket” is a need. (a) False (b) True
15. 15.💡 A need is something… (a) we must have to live (b) nice but not needed (c) made of plastic (d) only rich people buy
16. 16.🍱 A tiffin service mostly meets which? (a) a need: food (b) nothing at all (c) a want: games (d) a want: toys
17. 17.Which of these is a want? (a) school shoes (b) rice and dal (c) a school uniform (d) designer sunglasses
18. 18.🔍 Which is the odd one out? (a) school shoes (b) a school uniform (c) rice and dal (d) sweets every day
19. 19.🛒 Need or want: a glitter pen set? (a) a need (b) a want
20. 20.Which of these is a want? (a) medicine when ill (b) sweets every day (c) drinking water (d) rice and dal
21. 21.Which of these is a need? (a) a bigger TV (b) a video game (c) a glitter pen set (d) rice and dal
22. 22.Which of these is a need? (a) a sticker album (b) a third pair of shoes (c) a party dress (d) soap
23. 23.True or false: “notebooks for school” is a need. (a) False (b) True
24. 24.🎯 A want can still be a good business when… (a) it breaks the rules (b) it is not safe (c) many people want it (d) nobody likes it
25. 25.🛒 Need or want: a bigger TV? (a) a want (b) a need
26. 26.🛍️ Why do businesses that meet needs often sell all year? (a) needs are toys (b) nobody buys needs (c) needs are always free (d) people always need them
27. 27.🛒 Need or want: soap? (a) a need (b) a want
28. 28.🛒 Need or want: bus fare to school? (a) a want (b) a need
29. 29.True or false: “a warm blanket” is a want. (a) False (b) True
30. 30.Which of these is a need? (a) designer sunglasses (b) notebooks for school (c) sweets every day (d) a bigger TV
31. 31.🔍 Which is the odd one out? (a) bus fare to school (b) a sticker album (c) a toy robot (d) a glitter pen set
32. 32.True or false: “a third pair of shoes” is a need. (a) True (b) False
33. 33.🔍 Which is the odd one out? (a) bus fare to school (b) a third pair of shoes (c) school shoes (d) drinking water
34. 34.True or false: “sweets every day” is a need. (a) True (b) False
35. 35.True or false: “a glitter pen set” is a need. (a) True (b) False
36. 36.☔ In the monsoon, which would sell best at a school gate? (a) woollen sweaters (b) ice lollies (c) umbrellas and raincoats (d) paper kites
37. 37.Which of these is a need? (a) a third pair of shoes (b) a toy robot (c) designer sunglasses (d) drinking water
38. 38.True or false: “school shoes” is a want. (a) True (b) False
39. 39.🔍 Which is the odd one out? (a) a party dress (b) a third pair of shoes (c) a warm blanket (d) designer sunglasses
40. 40.Which of these is a need? (a) a video game (b) a party dress (c) school shoes (d) a fancy phone cover

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