Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 248 · 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 is the odd one out? (a) a fancy phone cover (b) notebooks for school (c) medicine when ill (d) soap
2. 2.☔ In the monsoon, which would sell best at a school gate? (a) ice lollies (b) woollen sweaters (c) paper kites (d) umbrellas and raincoats
3. 3.Which of these is a want? (a) school shoes (b) a warm blanket (c) a fancy phone cover (d) drinking water
4. 4.🛒 Need or want: a third pair of shoes? (a) a need (b) a want
5. 5.Which of these is a want? (a) notebooks for school (b) a sticker album (c) bus fare to school (d) medicine when ill
6. 6.True or false: “a fancy phone cover” is a need. (a) True (b) False
7. 7.🛒 Need or want: sweets every day? (a) a need (b) a want
8. 8.🔍 Which is the odd one out? (a) a glitter pen set (b) soap (c) a video game (d) a toy robot
9. 9.Which of these is a need? (a) a party dress (b) a warm blanket (c) a sticker album (d) a third pair of shoes
10. 10.Which of these is a need? (a) sweets every day (b) a glitter pen set (c) a bigger TV (d) rice and dal
11. 11.True or false: “a toy robot” is a need. (a) True (b) False
12. 12.🔍 Which is the odd one out? (a) notebooks for school (b) drinking water (c) a roof over your head (d) a party dress
13. 13.True or false: “medicine when ill” is a need. (a) True (b) False
14. 14.Which of these is a need? (a) a party dress (b) school shoes (c) a glitter pen set (d) a sticker album
15. 15.Which of these is a need? (a) designer sunglasses (b) a school uniform (c) a video game (d) a toy robot
16. 16.🛒 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
17. 17.🛒 Need or want: medicine when ill? (a) a need (b) a want
18. 18.🛒 Need or want: bus fare to school? (a) a need (b) a want
19. 19.True or false: “a school uniform” is a want. (a) False (b) True
20. 20.Which of these is a want? (a) sweets every day (b) bus fare to school (c) a school uniform (d) school shoes
21. 21.❄️ On a cold winter morning, which stall would most people want? (a) water guns (b) ice lollies (c) paper fans (d) hot drinks
22. 22.Which of these is a need? (a) drinking water (b) a party dress (c) a fancy phone cover (d) a bigger TV
23. 23.Which of these is a need? (a) a toy robot (b) a glitter pen set (c) soap (d) a third pair of shoes
24. 24.Which of these is a need? (a) a bigger TV (b) a fancy phone cover (c) notebooks for school (d) a sticker album
25. 25.🛒 Need or want: a party dress? (a) a want (b) a need
26. 26.🛒 Need or want: a roof over your head? (a) a need (b) a want
27. 27.🛍️ Why do businesses that meet needs often sell all year? (a) needs are toys (b) nobody buys needs (c) people always need them (d) needs are always free
28. 28.🛒 Need or want: a glitter pen set? (a) a need (b) a want
29. 29.🍱 A tiffin service mostly meets which? (a) a want: games (b) a need: food (c) a want: toys (d) nothing at all
30. 30.💡 A need is something… (a) only rich people buy (b) we must have to live (c) made of plastic (d) nice but not needed
31. 31.🛒 Need or want: rice and dal? (a) a want (b) a need
32. 32.🔍 Which is the odd one out? (a) a glitter pen set (b) sweets every day (c) a video game (d) rice and dal
33. 33.🛒 Need or want: a toy robot? (a) a need (b) a want
34. 34.True or false: “a glitter pen set” is a want. (a) True (b) False
35. 35.🔍 Which is the odd one out? (a) bus fare to school (b) a warm blanket (c) a glitter pen set (d) notebooks for school
36. 36.Which of these is a need? (a) sweets every day (b) a party dress (c) medicine when ill (d) a third pair of shoes
37. 37.True or false: “school shoes” is a want. (a) True (b) False
38. 38.🛒 Need or want: notebooks for school? (a) a want (b) a need
39. 39.🛒 Need or want: a warm blanket? (a) a want (b) a need
40. 40.🛒 Need or want: a fancy phone cover? (a) a need (b) a want

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