Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 729 · 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: “medicine when ill” is a need. (a) True (b) False
2. 2.True or false: “rice and dal” is a need. (a) False (b) True
3. 3.Which of these is a need? (a) a fancy phone cover (b) designer sunglasses (c) a party dress (d) drinking water
4. 4.🛒 Need or want: a bigger TV? (a) a need (b) a want
5. 5.🛒 Need or want: a glitter pen set? (a) a want (b) a need
6. 6.True or false: “notebooks for school” is a need. (a) False (b) True
7. 7.🛒 Need or want: a school uniform? (a) a want (b) a need
8. 8.🛒 Need or want: rice and dal? (a) a want (b) a need
9. 9.True or false: “a party dress” is a want. (a) False (b) True
10. 10.🛒 Need or want: a video game? (a) a want (b) a need
11. 11.Which of these is a need? (a) sweets every day (b) a video game (c) a third pair of shoes (d) school shoes
12. 12.🔍 Which is the odd one out? (a) a warm blanket (b) a party dress (c) medicine when ill (d) school shoes
13. 13.True or false: “a roof over your head” is a need. (a) False (b) True
14. 14.🛒 Need or want: bus fare to school? (a) a want (b) a need
15. 15.True or false: “drinking water” is a need. (a) False (b) True
16. 16.Which of these is a need? (a) a sticker album (b) a party dress (c) medicine when ill (d) designer sunglasses
17. 17.🛒 Need or want: notebooks for school? (a) a want (b) a need
18. 18.🛒 Need or want: a sticker album? (a) a want (b) a need
19. 19.🎯 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
20. 20.🍱 A tiffin service mostly meets which? (a) a want: toys (b) a want: games (c) nothing at all (d) a need: food
21. 21.True or false: “a sticker album” is a need. (a) False (b) True
22. 22.🛒 A family has little money. What should it buy first? (a) the most fun thing (b) the needs (c) the wants (d) the costliest thing
23. 23.🛍️ 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
24. 24.🛒 Need or want: drinking water? (a) a want (b) a need
25. 25.True or false: “a video game” is a need. (a) True (b) False
26. 26.🔍 Which is the odd one out? (a) bus fare to school (b) a toy robot (c) a school uniform (d) soap
27. 27.Which of these is a want? (a) rice and dal (b) school shoes (c) soap (d) a third pair of shoes
28. 28.True or false: “a school uniform” is a want. (a) True (b) False
29. 29.True or false: “a fancy phone cover” is a need. (a) False (b) True
30. 30.True or false: “sweets every day” is a need. (a) True (b) False
31. 31.🛒 Need or want: sweets every day? (a) a want (b) a need
32. 32.Which of these is a need? (a) a sticker album (b) rice and dal (c) sweets every day (d) designer sunglasses
33. 33.🔍 Which is the odd one out? (a) school shoes (b) bus fare to school (c) a school uniform (d) designer sunglasses
34. 34.🛒 Need or want: designer sunglasses? (a) a need (b) a want
35. 35.True or false: “a bigger TV” is a want. (a) False (b) True
36. 36.Which of these is a want? (a) a school uniform (b) a roof over your head (c) a video game (d) school shoes
37. 37.🛒 Need or want: medicine when ill? (a) a want (b) a need
38. 38.Which of these is a need? (a) a roof over your head (b) designer sunglasses (c) a glitter pen set (d) a bigger TV
39. 39.🔍 Which is the odd one out? (a) soap (b) a video game (c) a roof over your head (d) notebooks for school
40. 40.🔍 Which is the odd one out? (a) school shoes (b) a party dress (c) a video game (d) a fancy phone cover

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