Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 142 · 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 third pair of shoes? (a) a want (b) a need
2. 2.Which of these is a need? (a) a fancy phone cover (b) a third pair of shoes (c) a roof over your head (d) a sticker album
3. 3.🛒 Need or want: medicine when ill? (a) a need (b) a want
4. 4.🍱 A tiffin service mostly meets which? (a) a want: toys (b) nothing at all (c) a need: food (d) a want: games
5. 5.❄️ On a cold winter morning, which stall would most people want? (a) hot drinks (b) paper fans (c) water guns (d) ice lollies
6. 6.True or false: “drinking water” is a want. (a) True (b) False
7. 7.True or false: “school shoes” is a need. (a) False (b) True
8. 8.🛒 Need or want: notebooks for school? (a) a need (b) a want
9. 9.🔍 Which is the odd one out? (a) a third pair of shoes (b) drinking water (c) a fancy phone cover (d) a bigger TV
10. 10.🔍 Which is the odd one out? (a) designer sunglasses (b) a school uniform (c) medicine when ill (d) school shoes
11. 11.🎯 A want can still be a good business when… (a) it is not safe (b) it breaks the rules (c) many people want it (d) nobody likes it
12. 12.🛒 A family has little money. What should it buy first? (a) the wants (b) the needs (c) the most fun thing (d) the costliest thing
13. 13.💡 A need is something… (a) only rich people buy (b) nice but not needed (c) we must have to live (d) made of plastic
14. 14.🔍 Which is the odd one out? (a) a toy robot (b) a party dress (c) a glitter pen set (d) notebooks for school
15. 15.True or false: “a video game” is a want. (a) False (b) True
16. 16.Which of these is a need? (a) a school uniform (b) a third pair of shoes (c) a party dress (d) a glitter pen set
17. 17.🔍 Which is the odd one out? (a) rice and dal (b) drinking water (c) sweets every day (d) school shoes
18. 18.Which of these is a need? (a) a video game (b) a third pair of shoes (c) a warm blanket (d) a fancy phone cover
19. 19.Which of these is a want? (a) soap (b) notebooks for school (c) a school uniform (d) a fancy phone cover
20. 20.Which of these is a want? (a) drinking water (b) soap (c) a toy robot (d) notebooks for school
21. 21.True or false: “a glitter pen set” is a want. (a) False (b) True
22. 22.True or false: “drinking water” is a need. (a) False (b) True
23. 23.🔍 Which is the odd one out? (a) medicine when ill (b) a third pair of shoes (c) drinking water (d) a school uniform
24. 24.🛒 Need or want: drinking water? (a) a want (b) a need
25. 25.True or false: “medicine when ill” is a want. (a) False (b) True
26. 26.True or false: “designer sunglasses” is a want. (a) False (b) True
27. 27.True or false: “soap” is a need. (a) True (b) False
28. 28.True or false: “sweets every day” is a want. (a) True (b) False
29. 29.🔍 Which is the odd one out? (a) medicine when ill (b) a glitter pen set (c) a video game (d) a bigger TV
30. 30.🔍 Which is the odd one out? (a) a sticker album (b) bus fare to school (c) a video game (d) sweets every day
31. 31.🔍 Which is the odd one out? (a) a warm blanket (b) a party dress (c) a glitter pen set (d) designer sunglasses
32. 32.Which of these is a want? (a) soap (b) a video game (c) a warm blanket (d) drinking water
33. 33.🛍️ Why do businesses that meet needs often sell all year? (a) needs are toys (b) nobody buys needs (c) needs are always free (d) people always need them
34. 34.True or false: “a school uniform” is a want. (a) True (b) False
35. 35.Which of these is a need? (a) a toy robot (b) a sticker album (c) a video game (d) notebooks for school
36. 36.True or false: “a third pair of shoes” is a need. (a) True (b) False
37. 37.Which of these is a want? (a) rice and dal (b) drinking water (c) sweets every day (d) medicine when ill
38. 38.🔍 Which is the odd one out? (a) a party dress (b) sweets every day (c) a bigger TV (d) a school uniform
39. 39.Which of these is a need? (a) a party dress (b) a third pair of shoes (c) a video game (d) drinking water
40. 40.🔍 Which is the odd one out? (a) a glitter pen set (b) medicine when ill (c) a roof over your head (d) rice and dal

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