Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 711 · 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.💡 A need is something… (a) we must have to live (b) made of plastic (c) only rich people buy (d) nice but not needed
2. 2.🛒 Need or want: a third pair of shoes? (a) a need (b) a want
3. 3.Which of these is a need? (a) a sticker album (b) notebooks for school (c) a video game (d) a bigger TV
4. 4.True or false: “notebooks for school” is a want. (a) True (b) False
5. 5.❄️ On a cold winter morning, which stall would most people want? (a) water guns (b) hot drinks (c) paper fans (d) ice lollies
6. 6.True or false: “a roof over your head” is a want. (a) True (b) False
7. 7.🛒 Need or want: a glitter pen set? (a) a need (b) a want
8. 8.True or false: “a glitter pen set” is a want. (a) False (b) True
9. 9.🔍 Which is the odd one out? (a) soap (b) school shoes (c) a roof over your head (d) a third pair of shoes
10. 10.🍱 A tiffin service mostly meets which? (a) a need: food (b) a want: games (c) nothing at all (d) a want: toys
11. 11.Which of these is a want? (a) medicine when ill (b) a fancy phone cover (c) drinking water (d) school shoes
12. 12.🔍 Which is the odd one out? (a) designer sunglasses (b) notebooks for school (c) a third pair of shoes (d) sweets every day
13. 13.Which of these is a want? (a) school shoes (b) rice and dal (c) notebooks for school (d) a third pair of shoes
14. 14.🔍 Which is the odd one out? (a) sweets every day (b) a video game (c) a bigger TV (d) medicine when ill
15. 15.True or false: “a sticker album” is a want. (a) False (b) True
16. 16.🛒 Need or want: medicine when ill? (a) a need (b) a want
17. 17.Which of these is a need? (a) a party dress (b) drinking water (c) a glitter pen set (d) a bigger TV
18. 18.True or false: “notebooks for school” is a need. (a) True (b) False
19. 19.🛒 Need or want: a toy robot? (a) a want (b) a need
20. 20.True or false: “a party dress” is a want. (a) True (b) False
21. 21.🛒 Need or want: rice and dal? (a) a need (b) a want
22. 22.True or false: “a glitter pen set” is a need. (a) True (b) False
23. 23.True or false: “a school uniform” is a want. (a) True (b) False
24. 24.Which of these is a want? (a) rice and dal (b) a sticker album (c) a roof over your head (d) a warm blanket
25. 25.🔍 Which is the odd one out? (a) bus fare to school (b) a warm blanket (c) notebooks for school (d) a fancy phone cover
26. 26.Which of these is a want? (a) a bigger TV (b) medicine when ill (c) soap (d) a roof over your head
27. 27.Which of these is a need? (a) a fancy phone cover (b) a video game (c) a third pair of shoes (d) medicine when ill
28. 28.Which of these is a need? (a) a party dress (b) a roof over your head (c) a video game (d) a sticker album
29. 29.True or false: “bus fare to school” is a need. (a) True (b) False
30. 30.Which of these is a need? (a) a third pair of shoes (b) a video game (c) designer sunglasses (d) soap
31. 31.True or false: “rice and dal” is a want. (a) False (b) True
32. 32.🔍 Which is the odd one out? (a) rice and dal (b) notebooks for school (c) a school uniform (d) a video game
33. 33.🔍 Which is the odd one out? (a) a toy robot (b) a roof over your head (c) sweets every day (d) a bigger TV
34. 34.🛒 Need or want: designer sunglasses? (a) a need (b) a want
35. 35.🛒 Need or want: a roof over your head? (a) a want (b) a need
36. 36.Which of these is a need? (a) a glitter pen set (b) a school uniform (c) a fancy phone cover (d) designer sunglasses
37. 37.🛒 A family has little money. What should it buy first? (a) the wants (b) the most fun thing (c) the needs (d) the costliest thing
38. 38.Which of these is a need? (a) a video game (b) a toy robot (c) a bigger TV (d) bus fare to school
39. 39.🛍️ 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
40. 40.🔍 Which is the odd one out? (a) notebooks for school (b) medicine when ill (c) a sticker album (d) soap

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