Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 903 · 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: “medicine when ill” is a need. (a) True (b) False
2. 2.Which of these is a want? (a) a sticker album (b) a warm blanket (c) drinking water (d) notebooks for school
3. 3.🔍 Which is the odd one out? (a) soap (b) a fancy phone cover (c) a video game (d) a toy robot
4. 4.Which of these is a need? (a) sweets every day (b) a party dress (c) a toy robot (d) rice and dal
5. 5.🔍 Which is the odd one out? (a) drinking water (b) a bigger TV (c) school shoes (d) a warm blanket
6. 6.💡 A need is something… (a) only rich people buy (b) nice but not needed (c) we must have to live (d) made of plastic
7. 7.Which of these is a need? (a) a fancy phone cover (b) drinking water (c) a party dress (d) a glitter pen set
8. 8.True or false: “soap” is a want. (a) True (b) False
9. 9.🛍️ 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
10. 10.Which of these is a need? (a) designer sunglasses (b) a sticker album (c) a school uniform (d) a party dress
11. 11.🎯 A want can still be a good business when… (a) many people want it (b) nobody likes it (c) it breaks the rules (d) it is not safe
12. 12.True or false: “drinking water” is a need. (a) False (b) True
13. 13.🔍 Which is the odd one out? (a) a toy robot (b) a video game (c) a third pair of shoes (d) rice and dal
14. 14.🔍 Which is the odd one out? (a) school shoes (b) a roof over your head (c) rice and dal (d) sweets every day
15. 15.🔍 Which is the odd one out? (a) a warm blanket (b) designer sunglasses (c) soap (d) drinking water
16. 16.🔍 Which is the odd one out? (a) rice and dal (b) a glitter pen set (c) bus fare to school (d) medicine when ill
17. 17.🔍 Which is the odd one out? (a) a sticker album (b) drinking water (c) a fancy phone cover (d) a party dress
18. 18.🛒 Need or want: designer sunglasses? (a) a want (b) a need
19. 19.True or false: “sweets every day” is a want. (a) True (b) False
20. 20.🔍 Which is the odd one out? (a) a sticker album (b) bus fare to school (c) drinking water (d) notebooks for school
21. 21.True or false: “sweets every day” is a need. (a) False (b) True
22. 22.True or false: “designer sunglasses” is a need. (a) True (b) False
23. 23.🛒 Need or want: rice and dal? (a) a want (b) a need
24. 24.🛒 Need or want: medicine when ill? (a) a want (b) a need
25. 25.🛒 Need or want: a glitter pen set? (a) a need (b) a want
26. 26.Which of these is a want? (a) soap (b) a roof over your head (c) bus fare to school (d) a fancy phone cover
27. 27.Which of these is a want? (a) notebooks for school (b) drinking water (c) a video game (d) bus fare to school
28. 28.True or false: “a school uniform” is a need. (a) False (b) True
29. 29.🛒 Need or want: a sticker album? (a) a need (b) a want
30. 30.🔍 Which is the odd one out? (a) medicine when ill (b) a school uniform (c) a roof over your head (d) a third pair of shoes
31. 31.True or false: “a roof over your head” is a want. (a) True (b) False
32. 32.☔ In the monsoon, which would sell best at a school gate? (a) ice lollies (b) paper kites (c) woollen sweaters (d) umbrellas and raincoats
33. 33.True or false: “a party dress” is a want. (a) False (b) True
34. 34.🛒 Need or want: a warm blanket? (a) a want (b) a need
35. 35.Which of these is a want? (a) notebooks for school (b) a roof over your head (c) school shoes (d) sweets every day
36. 36.Which of these is a need? (a) a fancy phone cover (b) soap (c) a glitter pen set (d) a toy robot
37. 37.🛒 Need or want: a third pair of shoes? (a) a need (b) a want
38. 38.🔍 Which is the odd one out? (a) a glitter pen set (b) designer sunglasses (c) a party dress (d) a school uniform
39. 39.🔍 Which is the odd one out? (a) medicine when ill (b) a roof over your head (c) a fancy phone cover (d) bus fare to school
40. 40.🔍 Which is the odd one out? (a) designer sunglasses (b) a fancy phone cover (c) medicine when ill (d) a third pair of shoes

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