Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 974 · 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.🛒 Need or want: designer sunglasses? (a) a want (b) a need
2. 2.Which of these is a need? (a) designer sunglasses (b) a party dress (c) notebooks for school (d) sweets every day
3. 3.True or false: “medicine when ill” is a want. (a) False (b) True
4. 4.☔ In the monsoon, which would sell best at a school gate? (a) woollen sweaters (b) umbrellas and raincoats (c) ice lollies (d) paper kites
5. 5.🔍 Which is the odd one out? (a) bus fare to school (b) a bigger TV (c) a warm blanket (d) soap
6. 6.Which of these is a want? (a) a school uniform (b) bus fare to school (c) school shoes (d) a fancy phone cover
7. 7.Which of these is a need? (a) a video game (b) a sticker album (c) a glitter pen set (d) bus fare to school
8. 8.True or false: “a school uniform” is a want. (a) False (b) True
9. 9.💡 A need is something… (a) only rich people buy (b) we must have to live (c) nice but not needed (d) made of plastic
10. 10.Which of these is a need? (a) a glitter pen set (b) a bigger TV (c) a party dress (d) school shoes
11. 11.🎯 A want can still be a good business when… (a) it breaks the rules (b) it is not safe (c) nobody likes it (d) many people want it
12. 12.True or false: “a third pair of shoes” is a need. (a) True (b) False
13. 13.🛒 Need or want: sweets every day? (a) a need (b) a want
14. 14.True or false: “a warm blanket” is a want. (a) False (b) True
15. 15.🔍 Which is the odd one out? (a) notebooks for school (b) designer sunglasses (c) a sticker album (d) a video game
16. 16.🛒 Need or want: notebooks for school? (a) a want (b) a need
17. 17.True or false: “a bigger TV” is a need. (a) True (b) False
18. 18.🛒 Need or want: a party dress? (a) a want (b) a need
19. 19.🔍 Which is the odd one out? (a) bus fare to school (b) soap (c) a third pair of shoes (d) a school uniform
20. 20.Which of these is a need? (a) medicine when ill (b) a party dress (c) a video game (d) designer sunglasses
21. 21.🛒 Need or want: a fancy phone cover? (a) a need (b) a want
22. 22.Which of these is a need? (a) a bigger TV (b) soap (c) a toy robot (d) a third pair of shoes
23. 23.🛒 Need or want: a warm blanket? (a) a want (b) a need
24. 24.🛒 Need or want: medicine when ill? (a) a need (b) a want
25. 25.🛒 A family has little money. What should it buy first? (a) the wants (b) the most fun thing (c) the needs (d) the costliest thing
26. 26.Which of these is a want? (a) a warm blanket (b) a toy robot (c) soap (d) notebooks for school
27. 27.❄️ On a cold winter morning, which stall would most people want? (a) ice lollies (b) paper fans (c) water guns (d) hot drinks
28. 28.True or false: “school shoes” is a want. (a) True (b) False
29. 29.🔍 Which is the odd one out? (a) sweets every day (b) a warm blanket (c) drinking water (d) notebooks for school
30. 30.True or false: “designer sunglasses” is a want. (a) False (b) True
31. 31.🔍 Which is the odd one out? (a) drinking water (b) a roof over your head (c) a fancy phone cover (d) school shoes
32. 32.True or false: “a toy robot” is a want. (a) False (b) True
33. 33.Which of these is a want? (a) notebooks for school (b) a sticker album (c) a school uniform (d) a roof over your head
34. 34.Which of these is a need? (a) a party dress (b) a toy robot (c) rice and dal (d) a video game
35. 35.True or false: “medicine when ill” is a need. (a) True (b) False
36. 36.🍱 A tiffin service mostly meets which? (a) a want: games (b) nothing at all (c) a want: toys (d) a need: food
37. 37.True or false: “drinking water” is a need. (a) True (b) False
38. 38.True or false: “a video game” is a need. (a) True (b) False
39. 39.True or false: “designer sunglasses” is a need. (a) False (b) True
40. 40.True or false: “a video game” is a want. (a) True (b) False

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