Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 129 · 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 is the odd one out? (a) a fancy phone cover (b) sweets every day (c) a glitter pen set (d) a warm blanket
2. 2.True or false: “a fancy phone cover” is a need. (a) False (b) True
3. 3.🛒 Need or want: a warm blanket? (a) a want (b) a need
4. 4.🛒 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
5. 5.True or false: “notebooks for school” is a want. (a) False (b) True
6. 6.🛒 Need or want: school shoes? (a) a want (b) a need
7. 7.True or false: “a sticker album” is a want. (a) True (b) False
8. 8.🍱 A tiffin service mostly meets which? (a) nothing at all (b) a need: food (c) a want: toys (d) a want: games
9. 9.🛒 Need or want: a school uniform? (a) a need (b) a want
10. 10.True or false: “school shoes” is a need. (a) True (b) False
11. 11.Which of these is a need? (a) a glitter pen set (b) designer sunglasses (c) a party dress (d) a warm blanket
12. 12.True or false: “a glitter pen set” is a need. (a) True (b) False
13. 13.Which of these is a want? (a) a warm blanket (b) sweets every day (c) medicine when ill (d) notebooks for school
14. 14.Which of these is a need? (a) a third pair of shoes (b) a toy robot (c) school shoes (d) designer sunglasses
15. 15.Which of these is a want? (a) a warm blanket (b) designer sunglasses (c) rice and dal (d) a roof over your head
16. 16.Which of these is a need? (a) a bigger TV (b) a third pair of shoes (c) a video game (d) soap
17. 17.True or false: “a bigger TV” is a need. (a) True (b) False
18. 18.True or false: “a warm blanket” is a need. (a) True (b) False
19. 19.🔍 Which is the odd one out? (a) a fancy phone cover (b) a toy robot (c) a party dress (d) a school uniform
20. 20.🛍️ Why do businesses that meet needs often sell all year? (a) people always need them (b) nobody buys needs (c) needs are toys (d) needs are always free
21. 21.🛒 Need or want: sweets every day? (a) a need (b) a want
22. 22.☔ In the monsoon, which would sell best at a school gate? (a) woollen sweaters (b) paper kites (c) umbrellas and raincoats (d) ice lollies
23. 23.Which of these is a want? (a) soap (b) a warm blanket (c) school shoes (d) a video game
24. 24.True or false: “a toy robot” is a need. (a) False (b) True
25. 25.🛒 Need or want: drinking water? (a) a want (b) a need
26. 26.🔍 Which is the odd one out? (a) notebooks for school (b) a third pair of shoes (c) a party dress (d) a glitter pen set
27. 27.🛒 Need or want: a fancy phone cover? (a) a need (b) a want
28. 28.🛒 Need or want: a roof over your head? (a) a want (b) a need
29. 29.🛒 Need or want: a bigger TV? (a) a want (b) a need
30. 30.🛒 Need or want: a toy robot? (a) a need (b) a want
31. 31.🛒 Need or want: a glitter pen set? (a) a need (b) a want
32. 32.Which of these is a want? (a) rice and dal (b) a school uniform (c) drinking water (d) a toy robot
33. 33.🛒 Need or want: a video game? (a) a need (b) a want
34. 34.True or false: “a fancy phone cover” is a want. (a) False (b) True
35. 35.True or false: “a sticker album” is a need. (a) False (b) True
36. 36.Which of these is a need? (a) sweets every day (b) a roof over your head (c) a bigger TV (d) a video game
37. 37.🔍 Which is the odd one out? (a) school shoes (b) rice and dal (c) a school uniform (d) sweets every day
38. 38.🛒 Need or want: rice and dal? (a) a want (b) a need
39. 39.🔍 Which is the odd one out? (a) a roof over your head (b) designer sunglasses (c) a video game (d) a sticker album
40. 40.True or false: “a video game” is a need. (a) True (b) False

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