Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 795 · 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.🛒 Need or want: notebooks for school? (a) a want (b) a need
2. 2.Which of these is a want? (a) school shoes (b) notebooks for school (c) a school uniform (d) a video game
3. 3.🛍️ Why do businesses that meet needs often sell all year? (a) nobody buys needs (b) needs are always free (c) needs are toys (d) people always need them
4. 4.🛒 Need or want: a video game? (a) a need (b) a want
5. 5.🔍 Which is the odd one out? (a) rice and dal (b) a third pair of shoes (c) a warm blanket (d) school shoes
6. 6.Which of these is a want? (a) a sticker album (b) a warm blanket (c) medicine when ill (d) notebooks for school
7. 7.Which of these is a need? (a) a glitter pen set (b) notebooks for school (c) a bigger TV (d) a toy robot
8. 8.🛒 Need or want: school shoes? (a) a want (b) a need
9. 9.🛒 Need or want: a bigger TV? (a) a want (b) a need
10. 10.🔍 Which is the odd one out? (a) a fancy phone cover (b) a third pair of shoes (c) designer sunglasses (d) notebooks for school
11. 11.🛒 Need or want: a party dress? (a) a need (b) a want
12. 12.True or false: “a bigger TV” is a need. (a) False (b) True
13. 13.True or false: “notebooks for school” is a need. (a) False (b) True
14. 14.🛒 Need or want: a toy robot? (a) a need (b) a want
15. 15.Which of these is a need? (a) designer sunglasses (b) a glitter pen set (c) a fancy phone cover (d) rice and dal
16. 16.🔍 Which is the odd one out? (a) a glitter pen set (b) a sticker album (c) a party dress (d) a warm blanket
17. 17.🛒 A family has little money. What should it buy first? (a) the wants (b) the needs (c) the costliest thing (d) the most fun thing
18. 18.Which of these is a want? (a) medicine when ill (b) soap (c) a roof over your head (d) a party dress
19. 19.True or false: “rice and dal” is a want. (a) False (b) True
20. 20.🛒 Need or want: sweets every day? (a) a need (b) a want
21. 21.Which of these is a need? (a) soap (b) a fancy phone cover (c) a glitter pen set (d) a sticker album
22. 22.Which of these is a want? (a) a warm blanket (b) medicine when ill (c) drinking water (d) designer sunglasses
23. 23.True or false: “designer sunglasses” is a need. (a) True (b) False
24. 24.Which of these is a need? (a) a toy robot (b) a video game (c) a fancy phone cover (d) drinking water
25. 25.Which of these is a want? (a) a fancy phone cover (b) soap (c) a school uniform (d) school shoes
26. 26.🔍 Which is the odd one out? (a) a third pair of shoes (b) sweets every day (c) a party dress (d) drinking water
27. 27.🎯 A want can still be a good business when… (a) nobody likes it (b) it breaks the rules (c) many people want it (d) it is not safe
28. 28.True or false: “a toy robot” is a need. (a) True (b) False
29. 29.🛒 Need or want: soap? (a) a want (b) a need
30. 30.True or false: “a school uniform” is a want. (a) True (b) False
31. 31.🔍 Which is the odd one out? (a) notebooks for school (b) medicine when ill (c) rice and dal (d) sweets every day
32. 32.🔍 Which is the odd one out? (a) a party dress (b) a school uniform (c) a sticker album (d) a toy robot
33. 33.💡 A need is something… (a) nice but not needed (b) made of plastic (c) only rich people buy (d) we must have to live
34. 34.🛒 Need or want: medicine when ill? (a) a need (b) a want
35. 35.True or false: “bus fare to school” is a need. (a) True (b) False
36. 36.True or false: “drinking water” is a want. (a) True (b) False
37. 37.🔍 Which is the odd one out? (a) a third pair of shoes (b) designer sunglasses (c) a bigger TV (d) bus fare to school
38. 38.🔍 Which is the odd one out? (a) rice and dal (b) a party dress (c) a third pair of shoes (d) a glitter pen set
39. 39.Which of these is a need? (a) a video game (b) a bigger TV (c) a toy robot (d) medicine when ill
40. 40.True or false: “a video game” is a want. (a) False (b) True

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