Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 818 · 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) True (b) False
2. 2.True or false: “bus fare to school” is a want. (a) True (b) False
3. 3.💡 A need is something… (a) only rich people buy (b) nice but not needed (c) we must have to live (d) made of plastic
4. 4.Which of these is a need? (a) a video game (b) a fancy phone cover (c) designer sunglasses (d) school shoes
5. 5.🛒 Need or want: rice and dal? (a) a want (b) a need
6. 6.Which of these is a want? (a) bus fare to school (b) drinking water (c) a school uniform (d) a sticker album
7. 7.🛒 Need or want: a roof over your head? (a) a need (b) a want
8. 8.🛒 A family has little money. What should it buy first? (a) the wants (b) the costliest thing (c) the most fun thing (d) the needs
9. 9.🔍 Which is the odd one out? (a) a warm blanket (b) drinking water (c) notebooks for school (d) a fancy phone cover
10. 10.🔍 Which is the odd one out? (a) a roof over your head (b) notebooks for school (c) a glitter pen set (d) drinking water
11. 11.Which of these is a want? (a) school shoes (b) a warm blanket (c) sweets every day (d) drinking water
12. 12.Which of these is a need? (a) a glitter pen set (b) a sticker album (c) a video game (d) drinking water
13. 13.🛍️ Why do businesses that meet needs often sell all year? (a) people always need them (b) needs are always free (c) needs are toys (d) nobody buys needs
14. 14.Which of these is a want? (a) rice and dal (b) designer sunglasses (c) a school uniform (d) notebooks for school
15. 15.Which of these is a want? (a) bus fare to school (b) a fancy phone cover (c) soap (d) medicine when ill
16. 16.🔍 Which is the odd one out? (a) drinking water (b) a school uniform (c) a warm blanket (d) designer sunglasses
17. 17.Which of these is a want? (a) rice and dal (b) a toy robot (c) notebooks for school (d) a roof over your head
18. 18.🔍 Which is the odd one out? (a) a bigger TV (b) a third pair of shoes (c) a sticker album (d) bus fare to school
19. 19.🛒 Need or want: sweets every day? (a) a need (b) a want
20. 20.🛒 Need or want: a video game? (a) a want (b) a need
21. 21.Which of these is a need? (a) a video game (b) a school uniform (c) a fancy phone cover (d) a glitter pen set
22. 22.🛒 Need or want: a glitter pen set? (a) a need (b) a want
23. 23.True or false: “bus fare to school” is a need. (a) True (b) False
24. 24.🛒 Need or want: medicine when ill? (a) a need (b) a want
25. 25.🛒 Need or want: a third pair of shoes? (a) a need (b) a want
26. 26.❄️ On a cold winter morning, which stall would most people want? (a) water guns (b) ice lollies (c) paper fans (d) hot drinks
27. 27.🛒 Need or want: a bigger TV? (a) a need (b) a want
28. 28.🔍 Which is the odd one out? (a) a roof over your head (b) notebooks for school (c) school shoes (d) a toy robot
29. 29.🔍 Which is the odd one out? (a) notebooks for school (b) a party dress (c) a roof over your head (d) drinking water
30. 30.Which of these is a need? (a) designer sunglasses (b) sweets every day (c) rice and dal (d) a video game
31. 31.🛒 Need or want: school shoes? (a) a want (b) a need
32. 32.True or false: “a sticker album” is a need. (a) True (b) False
33. 33.🎯 A want can still be a good business when… (a) many people want it (b) it is not safe (c) nobody likes it (d) it breaks the rules
34. 34.True or false: “a third pair of shoes” is a need. (a) True (b) False
35. 35.Which of these is a need? (a) a fancy phone cover (b) designer sunglasses (c) a roof over your head (d) a sticker album
36. 36.☔ In the monsoon, which would sell best at a school gate? (a) paper kites (b) umbrellas and raincoats (c) woollen sweaters (d) ice lollies
37. 37.True or false: “notebooks for school” is a need. (a) False (b) True
38. 38.🛒 Need or want: soap? (a) a need (b) a want
39. 39.🛒 Need or want: a party dress? (a) a want (b) a need
40. 40.Which of these is a need? (a) a party dress (b) a fancy phone cover (c) designer sunglasses (d) medicine when ill

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