Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 816 · 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: school shoes? (a) a want (b) a need
2. 2.🔍 Which is the odd one out? (a) a party dress (b) a glitter pen set (c) notebooks for school (d) a bigger TV
3. 3.🔍 Which is the odd one out? (a) school shoes (b) notebooks for school (c) a warm blanket (d) a third pair of shoes
4. 4.🔍 Which is the odd one out? (a) rice and dal (b) a party dress (c) a third pair of shoes (d) a video game
5. 5.True or false: “rice and dal” is a need. (a) False (b) True
6. 6.🛒 Need or want: bus fare to school? (a) a need (b) a want
7. 7.True or false: “a fancy phone cover” is a want. (a) False (b) True
8. 8.🔍 Which is the odd one out? (a) a party dress (b) a video game (c) school shoes (d) a third pair of shoes
9. 9.🎯 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
10. 10.🔍 Which is the odd one out? (a) a toy robot (b) medicine when ill (c) a roof over your head (d) rice and dal
11. 11.🔍 Which is the odd one out? (a) a glitter pen set (b) a party dress (c) sweets every day (d) a school uniform
12. 12.🛒 Need or want: a party dress? (a) a want (b) a need
13. 13.True or false: “a warm blanket” is a want. (a) True (b) False
14. 14.Which of these is a want? (a) a roof over your head (b) bus fare to school (c) drinking water (d) a sticker album
15. 15.🛒 Need or want: a fancy phone cover? (a) a want (b) a need
16. 16.Which of these is a need? (a) a third pair of shoes (b) sweets every day (c) rice and dal (d) a party dress
17. 17.🛒 Need or want: notebooks for school? (a) a want (b) a need
18. 18.🔍 Which is the odd one out? (a) notebooks for school (b) bus fare to school (c) sweets every day (d) a warm blanket
19. 19.🛒 Need or want: a glitter pen set? (a) a need (b) a want
20. 20.🔍 Which is the odd one out? (a) a roof over your head (b) drinking water (c) a warm blanket (d) a bigger TV
21. 21.🍱 A tiffin service mostly meets which? (a) a need: food (b) nothing at all (c) a want: games (d) a want: toys
22. 22.🔍 Which is the odd one out? (a) soap (b) rice and dal (c) a video game (d) a roof over your head
23. 23.🛍️ Why do businesses that meet needs often sell all year? (a) people always need them (b) needs are always free (c) nobody buys needs (d) needs are toys
24. 24.Which of these is a want? (a) drinking water (b) notebooks for school (c) bus fare to school (d) a fancy phone cover
25. 25.🛒 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
26. 26.Which of these is a want? (a) a glitter pen set (b) school shoes (c) a roof over your head (d) a school uniform
27. 27.🛒 Need or want: drinking water? (a) a need (b) a want
28. 28.True or false: “bus fare to school” is a need. (a) True (b) False
29. 29.Which of these is a want? (a) drinking water (b) medicine when ill (c) rice and dal (d) sweets every day
30. 30.True or false: “a sticker album” is a want. (a) True (b) False
31. 31.Which of these is a want? (a) rice and dal (b) a bigger TV (c) school shoes (d) notebooks for school
32. 32.Which of these is a need? (a) a glitter pen set (b) soap (c) a video game (d) designer sunglasses
33. 33.True or false: “designer sunglasses” is a need. (a) True (b) False
34. 34.True or false: “a glitter pen set” is a need. (a) False (b) True
35. 35.True or false: “a third pair of shoes” is a need. (a) False (b) True
36. 36.Which of these is a need? (a) sweets every day (b) a sticker album (c) a video game (d) a school uniform
37. 37.True or false: “a third pair of shoes” is a want. (a) False (b) True
38. 38.True or false: “a school uniform” is a need. (a) True (b) False
39. 39.❄️ On a cold winter morning, which stall would most people want? (a) water guns (b) ice lollies (c) paper fans (d) hot drinks
40. 40.True or false: “a video game” is a want. (a) True (b) False

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