Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 836 · 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.💡 A need is something… (a) made of plastic (b) only rich people buy (c) nice but not needed (d) we must have to live
2. 2.True or false: “soap” is a want. (a) True (b) False
3. 3.🔍 Which is the odd one out? (a) a fancy phone cover (b) a sticker album (c) notebooks for school (d) a video game
4. 4.🛒 Need or want: sweets every day? (a) a want (b) a need
5. 5.🔍 Which is the odd one out? (a) school shoes (b) a fancy phone cover (c) bus fare to school (d) rice and dal
6. 6.Which of these is a want? (a) bus fare to school (b) drinking water (c) school shoes (d) a fancy phone cover
7. 7.True or false: “drinking water” is a want. (a) True (b) False
8. 8.🛒 Need or want: a party dress? (a) a want (b) a need
9. 9.Which of these is a need? (a) designer sunglasses (b) sweets every day (c) a warm blanket (d) a third pair of shoes
10. 10.Which of these is a need? (a) sweets every day (b) a party dress (c) a school uniform (d) a bigger TV
11. 11.Which of these is a want? (a) soap (b) school shoes (c) a sticker album (d) a warm blanket
12. 12.True or false: “drinking water” is a need. (a) True (b) False
13. 13.🛒 Need or want: a third pair of shoes? (a) a want (b) a need
14. 14.🔍 Which is the odd one out? (a) bus fare to school (b) school shoes (c) a bigger TV (d) a warm blanket
15. 15.True or false: “a party dress” is a need. (a) True (b) False
16. 16.True or false: “medicine when ill” is a want. (a) False (b) True
17. 17.🛒 Need or want: a fancy phone cover? (a) a need (b) a want
18. 18.Which of these is a need? (a) a sticker album (b) sweets every day (c) a bigger TV (d) bus fare to school
19. 19.Which of these is a want? (a) drinking water (b) medicine when ill (c) a bigger TV (d) a warm blanket
20. 20.True or false: “rice and dal” is a need. (a) True (b) False
21. 21.🔍 Which is the odd one out? (a) a warm blanket (b) sweets every day (c) drinking water (d) a school uniform
22. 22.True or false: “sweets every day” is a need. (a) True (b) False
23. 23.🛒 Need or want: a warm blanket? (a) a want (b) a need
24. 24.🛍️ Why do businesses that meet needs often sell all year? (a) needs are toys (b) people always need them (c) nobody buys needs (d) needs are always free
25. 25.🛒 Need or want: school shoes? (a) a want (b) a need
26. 26.True or false: “bus fare to school” is a want. (a) True (b) False
27. 27.🛒 Need or want: a school uniform? (a) a need (b) a want
28. 28.True or false: “a sticker album” is a want. (a) False (b) True
29. 29.🔍 Which is the odd one out? (a) bus fare to school (b) a video game (c) drinking water (d) a warm blanket
30. 30.🔍 Which is the odd one out? (a) sweets every day (b) a roof over your head (c) a toy robot (d) a video game
31. 31.🔍 Which is the odd one out? (a) a sticker album (b) rice and dal (c) drinking water (d) a school uniform
32. 32.Which of these is a want? (a) medicine when ill (b) soap (c) a party dress (d) a school uniform
33. 33.🔍 Which is the odd one out? (a) a warm blanket (b) a toy robot (c) drinking water (d) rice and dal
34. 34.Which of these is a want? (a) soap (b) a video game (c) rice and dal (d) a roof over your head
35. 35.☔ In the monsoon, which would sell best at a school gate? (a) ice lollies (b) umbrellas and raincoats (c) paper kites (d) woollen sweaters
36. 36.🔍 Which is the odd one out? (a) a third pair of shoes (b) notebooks for school (c) drinking water (d) a warm blanket
37. 37.🛒 Need or want: a sticker album? (a) a want (b) a need
38. 38.True or false: “a glitter pen set” is a need. (a) False (b) True
39. 39.True or false: “a roof over your head” is a need. (a) True (b) False
40. 40.True or false: “school shoes” is a need. (a) True (b) False

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