Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 76 · 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.Which of these is a want? (a) a fancy phone cover (b) notebooks for school (c) medicine when ill (d) school shoes
2. 2.🛒 Need or want: a sticker album? (a) a want (b) a need
3. 3.🛒 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
4. 4.🛒 Need or want: soap? (a) a need (b) a want
5. 5.True or false: “medicine when ill” is a want. (a) True (b) False
6. 6.🔍 Which is the odd one out? (a) a video game (b) a glitter pen set (c) a fancy phone cover (d) a school uniform
7. 7.🔍 Which is the odd one out? (a) a third pair of shoes (b) designer sunglasses (c) soap (d) a party dress
8. 8.🎯 A want can still be a good business when… (a) many people want it (b) nobody likes it (c) it is not safe (d) it breaks the rules
9. 9.Which of these is a need? (a) bus fare to school (b) a party dress (c) a third pair of shoes (d) a sticker album
10. 10.🔍 Which is the odd one out? (a) a roof over your head (b) soap (c) rice and dal (d) a toy robot
11. 11.🛒 Need or want: a party dress? (a) a need (b) a want
12. 12.🛒 Need or want: medicine when ill? (a) a want (b) a need
13. 13.🛒 Need or want: drinking water? (a) a want (b) a need
14. 14.🔍 Which is the odd one out? (a) designer sunglasses (b) a warm blanket (c) a roof over your head (d) medicine when ill
15. 15.🔍 Which is the odd one out? (a) medicine when ill (b) a bigger TV (c) designer sunglasses (d) a party dress
16. 16.Which of these is a want? (a) a bigger TV (b) bus fare to school (c) a roof over your head (d) soap
17. 17.Which of these is a need? (a) school shoes (b) a video game (c) designer sunglasses (d) a sticker album
18. 18.Which of these is a need? (a) a toy robot (b) a third pair of shoes (c) a party dress (d) soap
19. 19.💡 A need is something… (a) only rich people buy (b) nice but not needed (c) made of plastic (d) we must have to live
20. 20.Which of these is a want? (a) a party dress (b) soap (c) a roof over your head (d) a warm blanket
21. 21.🔍 Which is the odd one out? (a) a school uniform (b) a third pair of shoes (c) a roof over your head (d) medicine when ill
22. 22.🛒 Need or want: sweets every day? (a) a need (b) a want
23. 23.🛒 Need or want: designer sunglasses? (a) a need (b) a want
24. 24.🛍️ 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
25. 25.🛒 Need or want: school shoes? (a) a want (b) a need
26. 26.Which of these is a want? (a) soap (b) notebooks for school (c) school shoes (d) a toy robot
27. 27.Which of these is a need? (a) a toy robot (b) sweets every day (c) medicine when ill (d) a party dress
28. 28.🛒 Need or want: a school uniform? (a) a want (b) a need
29. 29.True or false: “a third pair of shoes” is a want. (a) False (b) True
30. 30.Which of these is a need? (a) a fancy phone cover (b) a sticker album (c) drinking water (d) designer sunglasses
31. 31.True or false: “a fancy phone cover” is a want. (a) False (b) True
32. 32.🔍 Which is the odd one out? (a) a roof over your head (b) a bigger TV (c) a school uniform (d) school shoes
33. 33.🔍 Which is the odd one out? (a) a warm blanket (b) bus fare to school (c) a school uniform (d) a sticker album
34. 34.🛒 Need or want: notebooks for school? (a) a need (b) a want
35. 35.Which of these is a want? (a) rice and dal (b) a warm blanket (c) school shoes (d) a glitter pen set
36. 36.True or false: “a warm blanket” is a want. (a) False (b) True
37. 37.🛒 Need or want: a toy robot? (a) a want (b) a need
38. 38.🔍 Which is the odd one out? (a) a roof over your head (b) a glitter pen set (c) a school uniform (d) bus fare to school
39. 39.🛒 Need or want: a roof over your head? (a) a need (b) a want
40. 40.🛒 Need or want: a warm blanket? (a) a need (b) a want

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