Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 253 · 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 need? (a) a video game (b) a party dress (c) rice and dal (d) a sticker album
2. 2.🔍 Which is the odd one out? (a) a glitter pen set (b) sweets every day (c) drinking water (d) a sticker album
3. 3.🛒 Need or want: a school uniform? (a) a want (b) a need
4. 4.🔍 Which is the odd one out? (a) designer sunglasses (b) a video game (c) a toy robot (d) notebooks for school
5. 5.🔍 Which is the odd one out? (a) bus fare to school (b) a roof over your head (c) medicine when ill (d) designer sunglasses
6. 6.🛒 Need or want: school shoes? (a) a need (b) a want
7. 7.Which of these is a need? (a) a bigger TV (b) a third pair of shoes (c) a party dress (d) soap
8. 8.True or false: “drinking water” is a need. (a) False (b) True
9. 9.🛒 A family has little money. What should it buy first? (a) the most fun thing (b) the costliest thing (c) the needs (d) the wants
10. 10.☔ In the monsoon, which would sell best at a school gate? (a) ice lollies (b) paper kites (c) woollen sweaters (d) umbrellas and raincoats
11. 11.❄️ On a cold winter morning, which stall would most people want? (a) hot drinks (b) water guns (c) ice lollies (d) paper fans
12. 12.Which of these is a want? (a) a video game (b) notebooks for school (c) bus fare to school (d) drinking water
13. 13.True or false: “a glitter pen set” is a want. (a) True (b) False
14. 14.🔍 Which is the odd one out? (a) soap (b) a glitter pen set (c) a fancy phone cover (d) designer sunglasses
15. 15.🛍️ Why do businesses that meet needs often sell all year? (a) people always need them (b) nobody buys needs (c) needs are always free (d) needs are toys
16. 16.🛒 Need or want: rice and dal? (a) a want (b) a need
17. 17.True or false: “designer sunglasses” is a want. (a) True (b) False
18. 18.Which of these is a want? (a) rice and dal (b) a fancy phone cover (c) bus fare to school (d) school shoes
19. 19.Which of these is a need? (a) sweets every day (b) a video game (c) school shoes (d) a toy robot
20. 20.Which of these is a need? (a) a sticker album (b) a toy robot (c) a school uniform (d) a party dress
21. 21.True or false: “notebooks for school” is a need. (a) True (b) False
22. 22.🎯 A want can still be a good business when… (a) it is not safe (b) it breaks the rules (c) many people want it (d) nobody likes it
23. 23.True or false: “rice and dal” is a need. (a) False (b) True
24. 24.🔍 Which is the odd one out? (a) a bigger TV (b) a video game (c) a school uniform (d) a sticker album
25. 25.🔍 Which is the odd one out? (a) a party dress (b) a warm blanket (c) sweets every day (d) a bigger TV
26. 26.🔍 Which is the odd one out? (a) a school uniform (b) a party dress (c) bus fare to school (d) a warm blanket
27. 27.True or false: “a warm blanket” is a want. (a) False (b) True
28. 28.🛒 Need or want: a warm blanket? (a) a need (b) a want
29. 29.True or false: “a fancy phone cover” is a want. (a) True (b) False
30. 30.Which of these is a want? (a) soap (b) school shoes (c) a toy robot (d) a school uniform
31. 31.True or false: “drinking water” is a want. (a) True (b) False
32. 32.True or false: “designer sunglasses” is a need. (a) True (b) False
33. 33.🛒 Need or want: drinking water? (a) a want (b) a need
34. 34.💡 A need is something… (a) made of plastic (b) nice but not needed (c) we must have to live (d) only rich people buy
35. 35.Which of these is a want? (a) school shoes (b) soap (c) rice and dal (d) a sticker album
36. 36.True or false: “a toy robot” is a want. (a) True (b) False
37. 37.Which of these is a need? (a) a sticker album (b) medicine when ill (c) a bigger TV (d) a video game
38. 38.Which of these is a want? (a) a roof over your head (b) bus fare to school (c) a third pair of shoes (d) drinking water
39. 39.True or false: “a bigger TV” is a need. (a) True (b) False
40. 40.🍱 A tiffin service mostly meets which? (a) nothing at all (b) a want: games (c) a need: food (d) a want: toys

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