Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 956 · 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) nice but not needed (b) only rich people buy (c) made of plastic (d) we must have to live
2. 2.🛒 A family has little money. What should it buy first? (a) the wants (b) the needs (c) the costliest thing (d) the most fun thing
3. 3.🛒 Need or want: bus fare to school? (a) a need (b) a want
4. 4.True or false: “a school uniform” is a need. (a) False (b) True
5. 5.True or false: “medicine when ill” is a need. (a) False (b) True
6. 6.True or false: “a warm blanket” is a need. (a) True (b) False
7. 7.🛒 Need or want: rice and dal? (a) a want (b) a need
8. 8.True or false: “a sticker album” is a want. (a) True (b) False
9. 9.☔ In the monsoon, which would sell best at a school gate? (a) umbrellas and raincoats (b) ice lollies (c) woollen sweaters (d) paper kites
10. 10.Which of these is a want? (a) school shoes (b) notebooks for school (c) a warm blanket (d) a party dress
11. 11.🛒 Need or want: a roof over your head? (a) a need (b) a want
12. 12.Which of these is a need? (a) a sticker album (b) bus fare to school (c) a toy robot (d) designer sunglasses
13. 13.True or false: “sweets every day” is a want. (a) False (b) True
14. 14.True or false: “school shoes” is a need. (a) False (b) True
15. 15.True or false: “soap” is a need. (a) True (b) False
16. 16.🔍 Which is the odd one out? (a) a sticker album (b) a bigger TV (c) a party dress (d) school shoes
17. 17.Which of these is a need? (a) a sticker album (b) soap (c) a glitter pen set (d) a third pair of shoes
18. 18.Which of these is a want? (a) medicine when ill (b) bus fare to school (c) a sticker album (d) rice and dal
19. 19.True or false: “school shoes” is a want. (a) True (b) False
20. 20.Which of these is a need? (a) a sticker album (b) a third pair of shoes (c) designer sunglasses (d) notebooks for school
21. 21.🔍 Which is the odd one out? (a) a warm blanket (b) a video game (c) notebooks for school (d) drinking water
22. 22.🍱 A tiffin service mostly meets which? (a) a want: games (b) nothing at all (c) a want: toys (d) a need: food
23. 23.Which of these is a want? (a) medicine when ill (b) drinking water (c) a fancy phone cover (d) rice and dal
24. 24.🔍 Which is the odd one out? (a) a video game (b) a toy robot (c) sweets every day (d) a school uniform
25. 25.True or false: “rice and dal” is a want. (a) False (b) True
26. 26.Which of these is a need? (a) a party dress (b) a bigger TV (c) medicine when ill (d) a video game
27. 27.Which of these is a need? (a) a glitter pen set (b) drinking water (c) sweets every day (d) a video game
28. 28.True or false: “a glitter pen set” is a need. (a) False (b) True
29. 29.🔍 Which is the odd one out? (a) school shoes (b) a warm blanket (c) designer sunglasses (d) drinking water
30. 30.🔍 Which is the odd one out? (a) drinking water (b) designer sunglasses (c) a video game (d) a third pair of shoes
31. 31.❄️ On a cold winter morning, which stall would most people want? (a) paper fans (b) water guns (c) hot drinks (d) ice lollies
32. 32.🛒 Need or want: drinking water? (a) a want (b) a need
33. 33.🛒 Need or want: a school uniform? (a) a need (b) a want
34. 34.🛍️ 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
35. 35.🔍 Which is the odd one out? (a) notebooks for school (b) a roof over your head (c) sweets every day (d) bus fare to school
36. 36.🛒 Need or want: a warm blanket? (a) a need (b) a want
37. 37.🛒 Need or want: a toy robot? (a) a want (b) a need
38. 38.🛒 Need or want: a sticker album? (a) a want (b) a need
39. 39.🛒 Need or want: a third pair of shoes? (a) a need (b) a want
40. 40.🔍 Which is the odd one out? (a) medicine when ill (b) a fancy phone cover (c) a toy robot (d) designer sunglasses

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