Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 865 · 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 need? (a) rice and dal (b) sweets every day (c) a sticker album (d) designer sunglasses
2. 2.🔍 Which is the odd one out? (a) a warm blanket (b) a bigger TV (c) school shoes (d) rice and dal
3. 3.🛍️ Why do businesses that meet needs often sell all year? (a) people always need them (b) needs are toys (c) needs are always free (d) nobody buys needs
4. 4.True or false: “a glitter pen set” is a need. (a) True (b) False
5. 5.Which of these is a need? (a) a bigger TV (b) a sticker album (c) a toy robot (d) a school uniform
6. 6.True or false: “rice and dal” is a need. (a) False (b) True
7. 7.💡 A need is something… (a) made of plastic (b) nice but not needed (c) only rich people buy (d) we must have to live
8. 8.🔍 Which is the odd one out? (a) a party dress (b) a warm blanket (c) school shoes (d) soap
9. 9.🛒 Need or want: soap? (a) a want (b) a need
10. 10.🔍 Which is the odd one out? (a) a warm blanket (b) a fancy phone cover (c) a toy robot (d) sweets every day
11. 11.Which of these is a need? (a) medicine when ill (b) a bigger TV (c) a video game (d) a glitter pen set
12. 12.🛒 Need or want: bus fare to school? (a) a need (b) a want
13. 13.🛒 Need or want: a bigger TV? (a) a need (b) a want
14. 14.True or false: “medicine when ill” is a want. (a) False (b) True
15. 15.🛒 Need or want: school shoes? (a) a need (b) a want
16. 16.🔍 Which is the odd one out? (a) drinking water (b) bus fare to school (c) school shoes (d) a third pair of shoes
17. 17.🛒 Need or want: medicine when ill? (a) a need (b) a want
18. 18.🔍 Which is the odd one out? (a) a bigger TV (b) medicine when ill (c) a third pair of shoes (d) a glitter pen set
19. 19.🎯 A want can still be a good business when… (a) it is not safe (b) nobody likes it (c) it breaks the rules (d) many people want it
20. 20.True or false: “a warm blanket” is a want. (a) True (b) False
21. 21.Which of these is a need? (a) a bigger TV (b) a sticker album (c) a toy robot (d) bus fare to school
22. 22.True or false: “a fancy phone cover” is a need. (a) False (b) True
23. 23.Which of these is a need? (a) a toy robot (b) a fancy phone cover (c) sweets every day (d) school shoes
24. 24.Which of these is a want? (a) soap (b) rice and dal (c) a video game (d) a roof over your head
25. 25.🛒 Need or want: a sticker album? (a) a want (b) a need
26. 26.True or false: “notebooks for school” is a want. (a) True (b) False
27. 27.Which of these is a want? (a) a roof over your head (b) bus fare to school (c) drinking water (d) a party dress
28. 28.True or false: “medicine when ill” is a need. (a) False (b) True
29. 29.❄️ On a cold winter morning, which stall would most people want? (a) ice lollies (b) hot drinks (c) water guns (d) paper fans
30. 30.🔍 Which is the odd one out? (a) designer sunglasses (b) a glitter pen set (c) a school uniform (d) a sticker album
31. 31.🛒 Need or want: a roof over your head? (a) a want (b) a need
32. 32.Which of these is a want? (a) soap (b) bus fare to school (c) a roof over your head (d) a bigger TV
33. 33.Which of these is a want? (a) drinking water (b) medicine when ill (c) a toy robot (d) a school uniform
34. 34.🛒 A family has little money. What should it buy first? (a) the costliest thing (b) the needs (c) the wants (d) the most fun thing
35. 35.🛒 Need or want: rice and dal? (a) a want (b) a need
36. 36.🛒 Need or want: drinking water? (a) a need (b) a want
37. 37.True or false: “a sticker album” is a want. (a) True (b) False
38. 38.🛒 Need or want: designer sunglasses? (a) a want (b) a need
39. 39.True or false: “designer sunglasses” is a need. (a) True (b) False
40. 40.🔍 Which is the odd one out? (a) a toy robot (b) a school uniform (c) bus fare to school (d) a warm blanket

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