Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 141 · 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: a toy robot? (a) a need (b) a want
2. 2.Which of these is a want? (a) notebooks for school (b) a fancy phone cover (c) rice and dal (d) a roof over your head
3. 3.True or false: “notebooks for school” is a want. (a) True (b) False
4. 4.🛒 Need or want: sweets every day? (a) a need (b) a want
5. 5.Which of these is a need? (a) a bigger TV (b) a sticker album (c) notebooks for school (d) designer sunglasses
6. 6.🛒 Need or want: rice and dal? (a) a want (b) a need
7. 7.🛒 Need or want: school shoes? (a) a need (b) a want
8. 8.True or false: “a third pair of shoes” is a need. (a) True (b) False
9. 9.🔍 Which is the odd one out? (a) bus fare to school (b) a roof over your head (c) school shoes (d) sweets every day
10. 10.Which of these is a need? (a) a fancy phone cover (b) a roof over your head (c) a toy robot (d) designer sunglasses
11. 11.Which of these is a want? (a) a glitter pen set (b) medicine when ill (c) school shoes (d) a warm blanket
12. 12.🔍 Which is the odd one out? (a) a school uniform (b) bus fare to school (c) designer sunglasses (d) drinking water
13. 13.🛒 A family has little money. What should it buy first? (a) the most fun thing (b) the needs (c) the wants (d) the costliest thing
14. 14.🔍 Which is the odd one out? (a) a school uniform (b) a glitter pen set (c) a third pair of shoes (d) designer sunglasses
15. 15.💡 A need is something… (a) nice but not needed (b) only rich people buy (c) made of plastic (d) we must have to live
16. 16.☔ In the monsoon, which would sell best at a school gate? (a) paper kites (b) woollen sweaters (c) ice lollies (d) umbrellas and raincoats
17. 17.🎯 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
18. 18.True or false: “designer sunglasses” is a need. (a) False (b) True
19. 19.Which of these is a want? (a) school shoes (b) notebooks for school (c) rice and dal (d) a party dress
20. 20.🛍️ Why do businesses that meet needs often sell all year? (a) people always need them (b) needs are always free (c) nobody buys needs (d) needs are toys
21. 21.True or false: “medicine when ill” is a need. (a) False (b) True
22. 22.🛒 Need or want: a roof over your head? (a) a need (b) a want
23. 23.True or false: “drinking water” is a want. (a) False (b) True
24. 24.Which of these is a want? (a) a warm blanket (b) drinking water (c) a sticker album (d) medicine when ill
25. 25.Which of these is a need? (a) a fancy phone cover (b) school shoes (c) designer sunglasses (d) a toy robot
26. 26.True or false: “a school uniform” is a need. (a) True (b) False
27. 27.True or false: “a video game” is a need. (a) True (b) False
28. 28.True or false: “school shoes” is a want. (a) False (b) True
29. 29.🛒 Need or want: a fancy phone cover? (a) a want (b) a need
30. 30.🔍 Which is the odd one out? (a) designer sunglasses (b) a video game (c) bus fare to school (d) a sticker album
31. 31.True or false: “a bigger TV” is a want. (a) True (b) False
32. 32.🛒 Need or want: soap? (a) a need (b) a want
33. 33.🍱 A tiffin service mostly meets which? (a) a want: games (b) nothing at all (c) a want: toys (d) a need: food
34. 34.🔍 Which is the odd one out? (a) designer sunglasses (b) school shoes (c) a toy robot (d) a third pair of shoes
35. 35.🔍 Which is the odd one out? (a) school shoes (b) a roof over your head (c) drinking water (d) a video game
36. 36.🔍 Which is the odd one out? (a) a bigger TV (b) sweets every day (c) designer sunglasses (d) drinking water
37. 37.🛒 Need or want: medicine when ill? (a) a want (b) a need
38. 38.🛒 Need or want: a bigger TV? (a) a need (b) a want
39. 39.Which of these is a need? (a) a fancy phone cover (b) a video game (c) designer sunglasses (d) bus fare to school
40. 40.Which of these is a need? (a) a school uniform (b) sweets every day (c) a fancy phone cover (d) a sticker album

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