Entrepreneurship for Kids Worksheet: Needs and Wants

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

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