Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 720 · 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: “notebooks for school” is a want. (a) True (b) False
2. 2.🔍 Which is the odd one out? (a) notebooks for school (b) designer sunglasses (c) a warm blanket (d) medicine when ill
3. 3.🔍 Which is the odd one out? (a) a bigger TV (b) notebooks for school (c) a fancy phone cover (d) a third pair of shoes
4. 4.🎯 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
5. 5.🛒 Need or want: a party dress? (a) a need (b) a want
6. 6.🍱 A tiffin service mostly meets which? (a) nothing at all (b) a want: toys (c) a need: food (d) a want: games
7. 7.True or false: “sweets every day” is a need. (a) True (b) False
8. 8.🛒 Need or want: drinking water? (a) a want (b) a need
9. 9.🛒 A family has little money. What should it buy first? (a) the needs (b) the wants (c) the most fun thing (d) the costliest thing
10. 10.Which of these is a want? (a) a warm blanket (b) a school uniform (c) a toy robot (d) drinking water
11. 11.🛒 Need or want: a bigger TV? (a) a want (b) a need
12. 12.True or false: “medicine when ill” is a want. (a) True (b) False
13. 13.Which of these is a need? (a) sweets every day (b) rice and dal (c) a fancy phone cover (d) a sticker album
14. 14.🛍️ 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
15. 15.Which of these is a need? (a) a toy robot (b) sweets every day (c) school shoes (d) a video game
16. 16.🔍 Which is the odd one out? (a) rice and dal (b) a roof over your head (c) a warm blanket (d) sweets every day
17. 17.💡 A need is something… (a) nice but not needed (b) only rich people buy (c) made of plastic (d) we must have to live
18. 18.True or false: “rice and dal” is a need. (a) False (b) True
19. 19.True or false: “a glitter pen set” is a want. (a) True (b) False
20. 20.🛒 Need or want: a roof over your head? (a) a want (b) a need
21. 21.🛒 Need or want: medicine when ill? (a) a need (b) a want
22. 22.Which of these is a want? (a) drinking water (b) medicine when ill (c) bus fare to school (d) a party dress
23. 23.Which of these is a need? (a) a warm blanket (b) a party dress (c) a third pair of shoes (d) designer sunglasses
24. 24.Which of these is a want? (a) school shoes (b) a warm blanket (c) bus fare to school (d) a third pair of shoes
25. 25.Which of these is a want? (a) medicine when ill (b) a sticker album (c) rice and dal (d) school shoes
26. 26.Which of these is a need? (a) a party dress (b) a sticker album (c) sweets every day (d) bus fare to school
27. 27.🛒 Need or want: notebooks for school? (a) a need (b) a want
28. 28.True or false: “a third pair of shoes” is a want. (a) True (b) False
29. 29.Which of these is a want? (a) notebooks for school (b) rice and dal (c) a video game (d) a school uniform
30. 30.🔍 Which is the odd one out? (a) a roof over your head (b) a toy robot (c) a glitter pen set (d) a third pair of shoes
31. 31.🛒 Need or want: a video game? (a) a want (b) a need
32. 32.True or false: “a bigger TV” is a want. (a) True (b) False
33. 33.Which of these is a need? (a) a fancy phone cover (b) soap (c) a party dress (d) a sticker album
34. 34.🔍 Which is the odd one out? (a) a glitter pen set (b) a party dress (c) drinking water (d) a video game
35. 35.True or false: “a third pair of shoes” is a need. (a) True (b) False
36. 36.True or false: “a warm blanket” is a need. (a) True (b) False
37. 37.🔍 Which is the odd one out? (a) a glitter pen set (b) a video game (c) designer sunglasses (d) medicine when ill
38. 38.🛒 Need or want: soap? (a) a want (b) a need
39. 39.Which of these is a need? (a) designer sunglasses (b) a party dress (c) medicine when ill (d) a bigger TV
40. 40.🔍 Which is the odd one out? (a) a video game (b) school shoes (c) a fancy phone cover (d) a sticker album

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