Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 148 · 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.True or false: “a warm blanket” is a want. (a) True (b) False
3. 3.🔍 Which is the odd one out? (a) school shoes (b) notebooks for school (c) a party dress (d) rice and dal
4. 4.🎯 A want can still be a good business when… (a) it is not safe (b) nobody likes it (c) many people want it (d) it breaks the rules
5. 5.True or false: “a warm blanket” is a need. (a) True (b) False
6. 6.True or false: “school shoes” is a want. (a) True (b) False
7. 7.🔍 Which is the odd one out? (a) a toy robot (b) notebooks for school (c) a roof over your head (d) a school uniform
8. 8.True or false: “a school uniform” is a want. (a) True (b) False
9. 9.True or false: “soap” is a want. (a) True (b) False
10. 10.🔍 Which is the odd one out? (a) drinking water (b) soap (c) rice and dal (d) a fancy phone cover
11. 11.Which of these is a need? (a) a bigger TV (b) a sticker album (c) school shoes (d) designer sunglasses
12. 12.🔍 Which is the odd one out? (a) soap (b) sweets every day (c) a fancy phone cover (d) a party dress
13. 13.🛒 Need or want: drinking water? (a) a want (b) a need
14. 14.🔍 Which is the odd one out? (a) designer sunglasses (b) drinking water (c) soap (d) a roof over your head
15. 15.Which of these is a need? (a) designer sunglasses (b) a fancy phone cover (c) a toy robot (d) a school uniform
16. 16.🛒 Need or want: school shoes? (a) a want (b) a need
17. 17.Which of these is a want? (a) a school uniform (b) bus fare to school (c) designer sunglasses (d) a warm blanket
18. 18.Which of these is a need? (a) designer sunglasses (b) a glitter pen set (c) rice and dal (d) a video game
19. 19.Which of these is a need? (a) a video game (b) drinking water (c) a fancy phone cover (d) a toy robot
20. 20.💡 A need is something… (a) only rich people buy (b) nice but not needed (c) made of plastic (d) we must have to live
21. 21.Which of these is a need? (a) sweets every day (b) medicine when ill (c) a toy robot (d) a bigger TV
22. 22.☔ In the monsoon, which would sell best at a school gate? (a) paper kites (b) umbrellas and raincoats (c) woollen sweaters (d) ice lollies
23. 23.🛒 Need or want: a sticker album? (a) a want (b) a need
24. 24.Which of these is a need? (a) a video game (b) soap (c) a party dress (d) a sticker album
25. 25.True or false: “drinking water” is a need. (a) True (b) False
26. 26.🛒 Need or want: a warm blanket? (a) a need (b) a want
27. 27.🛒 A family has little money. What should it buy first? (a) the costliest thing (b) the wants (c) the most fun thing (d) the needs
28. 28.True or false: “sweets every day” is a want. (a) True (b) False
29. 29.Which of these is a want? (a) a video game (b) rice and dal (c) school shoes (d) bus fare to school
30. 30.Which of these is a want? (a) soap (b) a fancy phone cover (c) rice and dal (d) a warm blanket
31. 31.🔍 Which is the odd one out? (a) bus fare to school (b) a video game (c) rice and dal (d) medicine when ill
32. 32.🍱 A tiffin service mostly meets which? (a) nothing at all (b) a want: games (c) a want: toys (d) a need: food
33. 33.Which of these is a need? (a) a sticker album (b) a third pair of shoes (c) notebooks for school (d) designer sunglasses
34. 34.True or false: “notebooks for school” is a need. (a) False (b) True
35. 35.True or false: “medicine when ill” is a need. (a) False (b) True
36. 36.🛒 Need or want: a third pair of shoes? (a) a need (b) a want
37. 37.True or false: “a toy robot” is a need. (a) True (b) False
38. 38.True or false: “rice and dal” is a need. (a) True (b) False
39. 39.🔍 Which is the odd one out? (a) medicine when ill (b) a school uniform (c) a sticker album (d) a roof over your head
40. 40.Which of these is a want? (a) a school uniform (b) drinking water (c) notebooks for school (d) a party dress

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