Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 737 · 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: “drinking water” is a want. (a) False (b) True
2. 2.🔍 Which is the odd one out? (a) a school uniform (b) a roof over your head (c) sweets every day (d) bus fare to school
3. 3.🛒 Need or want: a fancy phone cover? (a) a want (b) a need
4. 4.🛒 Need or want: a party dress? (a) a want (b) a need
5. 5.Which of these is a need? (a) a sticker album (b) a party dress (c) soap (d) a third pair of shoes
6. 6.🛒 Need or want: medicine when ill? (a) a want (b) a need
7. 7.Which of these is a want? (a) notebooks for school (b) bus fare to school (c) a toy robot (d) rice and dal
8. 8.Which of these is a want? (a) a roof over your head (b) a video game (c) medicine when ill (d) a school uniform
9. 9.True or false: “notebooks for school” is a need. (a) False (b) True
10. 10.🍱 A tiffin service mostly meets which? (a) nothing at all (b) a want: games (c) a need: food (d) a want: toys
11. 11.🎯 A want can still be a good business when… (a) it breaks the rules (b) many people want it (c) it is not safe (d) nobody likes it
12. 12.🔍 Which is the odd one out? (a) a fancy phone cover (b) a video game (c) sweets every day (d) bus fare to school
13. 13.🛒 Need or want: a warm blanket? (a) a want (b) a need
14. 14.🛒 Need or want: designer sunglasses? (a) a want (b) a need
15. 15.True or false: “a roof over your head” is a want. (a) True (b) False
16. 16.🛒 Need or want: bus fare to school? (a) a want (b) a need
17. 17.True or false: “sweets every day” is a need. (a) True (b) False
18. 18.True or false: “medicine when ill” is a need. (a) False (b) True
19. 19.Which of these is a want? (a) medicine when ill (b) bus fare to school (c) soap (d) a bigger TV
20. 20.💡 A need is something… (a) made of plastic (b) nice but not needed (c) only rich people buy (d) we must have to live
21. 21.True or false: “a video game” is a want. (a) True (b) False
22. 22.True or false: “a glitter pen set” is a want. (a) True (b) False
23. 23.True or false: “a toy robot” is a need. (a) False (b) True
24. 24.🛒 Need or want: a school uniform? (a) a need (b) a want
25. 25.Which of these is a want? (a) drinking water (b) a party dress (c) rice and dal (d) a roof over your head
26. 26.🔍 Which is the odd one out? (a) a school uniform (b) designer sunglasses (c) a video game (d) a glitter pen set
27. 27.🛒 Need or want: a sticker album? (a) a need (b) a want
28. 28.🔍 Which is the odd one out? (a) school shoes (b) a sticker album (c) bus fare to school (d) a roof over your head
29. 29.🛒 A family has little money. What should it buy first? (a) the wants (b) the costliest thing (c) the needs (d) the most fun thing
30. 30.🛒 Need or want: rice and dal? (a) a want (b) a need
31. 31.True or false: “a party dress” is a need. (a) True (b) False
32. 32.True or false: “soap” is a want. (a) False (b) True
33. 33.🛒 Need or want: a roof over your head? (a) a want (b) a need
34. 34.True or false: “a fancy phone cover” is a want. (a) True (b) False
35. 35.Which of these is a want? (a) soap (b) sweets every day (c) medicine when ill (d) a school uniform
36. 36.Which of these is a want? (a) drinking water (b) soap (c) bus fare to school (d) a fancy phone cover
37. 37.🛒 Need or want: sweets every day? (a) a want (b) a need
38. 38.🔍 Which is the odd one out? (a) rice and dal (b) medicine when ill (c) a fancy phone cover (d) notebooks for school
39. 39.🛍️ 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
40. 40.☔ In the monsoon, which would sell best at a school gate? (a) umbrellas and raincoats (b) paper kites (c) woollen sweaters (d) ice lollies

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