Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 154 · 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 want? (a) a school uniform (b) medicine when ill (c) a bigger TV (d) rice and dal
3. 3.💡 A need is something… (a) made of plastic (b) we must have to live (c) nice but not needed (d) only rich people buy
4. 4.Which of these is a need? (a) drinking water (b) a glitter pen set (c) a fancy phone cover (d) a party dress
5. 5.Which of these is a want? (a) a third pair of shoes (b) a roof over your head (c) drinking water (d) bus fare to school
6. 6.Which of these is a need? (a) school shoes (b) a third pair of shoes (c) a video game (d) a toy robot
7. 7.🔍 Which is the odd one out? (a) a roof over your head (b) designer sunglasses (c) a sticker album (d) a fancy phone cover
8. 8.Which of these is a need? (a) a video game (b) notebooks for school (c) a glitter pen set (d) a fancy phone cover
9. 9.Which of these is a want? (a) medicine when ill (b) rice and dal (c) a school uniform (d) a toy robot
10. 10.🔍 Which is the odd one out? (a) soap (b) a warm blanket (c) bus fare to school (d) a glitter pen set
11. 11.🛒 A family has little money. What should it buy first? (a) the needs (b) the most fun thing (c) the wants (d) the costliest thing
12. 12.☔ In the monsoon, which would sell best at a school gate? (a) umbrellas and raincoats (b) paper kites (c) woollen sweaters (d) ice lollies
13. 13.🔍 Which is the odd one out? (a) a glitter pen set (b) a fancy phone cover (c) notebooks for school (d) designer sunglasses
14. 14.🛒 Need or want: a school uniform? (a) a want (b) a need
15. 15.🛒 Need or want: designer sunglasses? (a) a want (b) a need
16. 16.🍱 A tiffin service mostly meets which? (a) a need: food (b) a want: games (c) nothing at all (d) a want: toys
17. 17.True or false: “designer sunglasses” is a need. (a) True (b) False
18. 18.Which of these is a need? (a) a warm blanket (b) a bigger TV (c) a fancy phone cover (d) a sticker album
19. 19.🔍 Which is the odd one out? (a) designer sunglasses (b) school shoes (c) a bigger TV (d) a glitter pen set
20. 20.True or false: “notebooks for school” is a want. (a) True (b) False
21. 21.True or false: “soap” is a want. (a) True (b) False
22. 22.🛒 Need or want: school shoes? (a) a need (b) a want
23. 23.Which of these is a need? (a) a fancy phone cover (b) medicine when ill (c) a toy robot (d) a sticker album
24. 24.🔍 Which is the odd one out? (a) drinking water (b) rice and dal (c) a toy robot (d) a roof over your head
25. 25.🎯 A want can still be a good business when… (a) many people want it (b) nobody likes it (c) it is not safe (d) it breaks the rules
26. 26.Which of these is a want? (a) medicine when ill (b) sweets every day (c) rice and dal (d) a roof over your head
27. 27.True or false: “a fancy phone cover” is a want. (a) False (b) True
28. 28.Which of these is a need? (a) a sticker album (b) designer sunglasses (c) a third pair of shoes (d) rice and dal
29. 29.🛒 Need or want: sweets every day? (a) a need (b) a want
30. 30.True or false: “rice and dal” is a need. (a) False (b) True
31. 31.🛒 Need or want: a bigger TV? (a) a need (b) a want
32. 32.True or false: “a video game” is a need. (a) True (b) False
33. 33.🔍 Which is the odd one out? (a) a third pair of shoes (b) a glitter pen set (c) drinking water (d) designer sunglasses
34. 34.🛒 Need or want: notebooks for school? (a) a need (b) a want
35. 35.🛒 Need or want: a fancy phone cover? (a) a need (b) a want
36. 36.🔍 Which is the odd one out? (a) school shoes (b) bus fare to school (c) soap (d) a fancy phone cover
37. 37.True or false: “medicine when ill” is a want. (a) True (b) False
38. 38.🛒 Need or want: a party dress? (a) a need (b) a want
39. 39.Which of these is a want? (a) designer sunglasses (b) bus fare to school (c) drinking water (d) a warm blanket
40. 40.🔍 Which is the odd one out? (a) school shoes (b) a school uniform (c) a third pair of shoes (d) a roof over your head

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