Entrepreneurship for Kids Worksheet: Needs and Wants

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

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