Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 753 · 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) False (b) True
2. 2.True or false: “a roof over your head” is a want. (a) True (b) False
3. 3.🔍 Which is the odd one out? (a) a roof over your head (b) a toy robot (c) school shoes (d) bus fare to school
4. 4.True or false: “drinking water” is a need. (a) True (b) False
5. 5.🔍 Which is the odd one out? (a) a glitter pen set (b) a roof over your head (c) bus fare to school (d) school shoes
6. 6.☔ In the monsoon, which would sell best at a school gate? (a) umbrellas and raincoats (b) ice lollies (c) woollen sweaters (d) paper kites
7. 7.True or false: “notebooks for school” is a want. (a) False (b) True
8. 8.Which of these is a need? (a) a fancy phone cover (b) a video game (c) sweets every day (d) soap
9. 9.🛒 Need or want: medicine when ill? (a) a need (b) a want
10. 10.🛒 Need or want: school shoes? (a) a want (b) a need
11. 11.🛒 Need or want: a video game? (a) a need (b) a want
12. 12.True or false: “notebooks for school” is a need. (a) False (b) True
13. 13.True or false: “a bigger TV” is a want. (a) True (b) False
14. 14.🔍 Which is the odd one out? (a) a bigger TV (b) a toy robot (c) a sticker album (d) medicine when ill
15. 15.🔍 Which is the odd one out? (a) soap (b) designer sunglasses (c) a roof over your head (d) bus fare to school
16. 16.Which of these is a want? (a) school shoes (b) notebooks for school (c) a toy robot (d) a roof over your head
17. 17.🛒 Need or want: a warm blanket? (a) a want (b) a need
18. 18.🛒 Need or want: sweets every day? (a) a need (b) a want
19. 19.Which of these is a need? (a) a third pair of shoes (b) a fancy phone cover (c) a toy robot (d) a warm blanket
20. 20.Which of these is a want? (a) a roof over your head (b) notebooks for school (c) school shoes (d) a third pair of shoes
21. 21.🔍 Which is the odd one out? (a) a school uniform (b) a third pair of shoes (c) school shoes (d) drinking water
22. 22.True or false: “bus fare to school” is a want. (a) False (b) True
23. 23.🛒 A family has little money. What should it buy first? (a) the wants (b) the needs (c) the most fun thing (d) the costliest thing
24. 24.🎯 A want can still be a good business when… (a) many people want it (b) it breaks the rules (c) nobody likes it (d) it is not safe
25. 25.True or false: “a school uniform” is a want. (a) False (b) True
26. 26.True or false: “soap” is a want. (a) True (b) False
27. 27.Which of these is a want? (a) sweets every day (b) drinking water (c) a school uniform (d) medicine when ill
28. 28.Which of these is a need? (a) rice and dal (b) a party dress (c) a toy robot (d) a bigger TV
29. 29.🛍️ Why do businesses that meet needs often sell all year? (a) people always need them (b) needs are toys (c) nobody buys needs (d) needs are always free
30. 30.🔍 Which is the odd one out? (a) a fancy phone cover (b) notebooks for school (c) school shoes (d) drinking water
31. 31.🔍 Which is the odd one out? (a) rice and dal (b) sweets every day (c) a school uniform (d) school shoes
32. 32.Which of these is a need? (a) sweets every day (b) a third pair of shoes (c) a video game (d) a school uniform
33. 33.🔍 Which is the odd one out? (a) a party dress (b) a warm blanket (c) designer sunglasses (d) sweets every day
34. 34.🛒 Need or want: a fancy phone cover? (a) a want (b) a need
35. 35.🛒 Need or want: a party dress? (a) a need (b) a want
36. 36.🛒 Need or want: soap? (a) a want (b) a need
37. 37.🛒 Need or want: bus fare to school? (a) a need (b) a want
38. 38.❄️ On a cold winter morning, which stall would most people want? (a) paper fans (b) hot drinks (c) ice lollies (d) water guns
39. 39.True or false: “a fancy phone cover” is a want. (a) False (b) True
40. 40.💡 A need is something… (a) made of plastic (b) nice but not needed (c) only rich people buy (d) we must have to live

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