Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 263 · 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) a warm blanket (c) soap (d) rice and dal
2. 2.Which of these is a need? (a) designer sunglasses (b) a video game (c) a warm blanket (d) a bigger TV
3. 3.Which of these is a need? (a) sweets every day (b) a school uniform (c) a party dress (d) a glitter pen set
4. 4.True or false: “sweets every day” is a need. (a) True (b) False
5. 5.🔍 Which is the odd one out? (a) a party dress (b) medicine when ill (c) a school uniform (d) soap
6. 6.🛒 Need or want: a toy robot? (a) a want (b) a need
7. 7.🛒 A family has little money. What should it buy first? (a) the wants (b) the most fun thing (c) the needs (d) the costliest thing
8. 8.🎯 A want can still be a good business when… (a) it breaks the rules (b) many people want it (c) it is not safe (d) nobody likes it
9. 9.❄️ On a cold winter morning, which stall would most people want? (a) hot drinks (b) paper fans (c) water guns (d) ice lollies
10. 10.☔ In the monsoon, which would sell best at a school gate? (a) woollen sweaters (b) umbrellas and raincoats (c) paper kites (d) ice lollies
11. 11.Which of these is a need? (a) a toy robot (b) designer sunglasses (c) rice and dal (d) a fancy phone cover
12. 12.🛒 Need or want: soap? (a) a need (b) a want
13. 13.True or false: “a roof over your head” is a want. (a) False (b) True
14. 14.🛒 Need or want: a sticker album? (a) a want (b) a need
15. 15.🔍 Which is the odd one out? (a) a sticker album (b) a fancy phone cover (c) school shoes (d) designer sunglasses
16. 16.True or false: “designer sunglasses” is a need. (a) False (b) True
17. 17.True or false: “designer sunglasses” is a want. (a) True (b) False
18. 18.🔍 Which is the odd one out? (a) a toy robot (b) bus fare to school (c) a video game (d) a sticker album
19. 19.Which of these is a need? (a) sweets every day (b) a bigger TV (c) school shoes (d) a video game
20. 20.🔍 Which is the odd one out? (a) a fancy phone cover (b) a video game (c) designer sunglasses (d) a warm blanket
21. 21.Which of these is a need? (a) notebooks for school (b) a sticker album (c) designer sunglasses (d) a glitter pen set
22. 22.🛒 Need or want: a party dress? (a) a want (b) a need
23. 23.🍱 A tiffin service mostly meets which? (a) a need: food (b) nothing at all (c) a want: toys (d) a want: games
24. 24.Which of these is a want? (a) a video game (b) a warm blanket (c) medicine when ill (d) a roof over your head
25. 25.True or false: “a warm blanket” is a need. (a) False (b) True
26. 26.Which of these is a need? (a) a video game (b) designer sunglasses (c) bus fare to school (d) sweets every day
27. 27.🔍 Which is the odd one out? (a) designer sunglasses (b) sweets every day (c) a sticker album (d) rice and dal
28. 28.🔍 Which is the odd one out? (a) a video game (b) medicine when ill (c) drinking water (d) a school uniform
29. 29.🛒 Need or want: notebooks for school? (a) a want (b) a need
30. 30.True or false: “drinking water” is a need. (a) True (b) False
31. 31.🛒 Need or want: designer sunglasses? (a) a want (b) a need
32. 32.True or false: “bus fare to school” is a need. (a) False (b) True
33. 33.True or false: “a third pair of shoes” is a need. (a) True (b) False
34. 34.Which of these is a need? (a) medicine when ill (b) a bigger TV (c) sweets every day (d) designer sunglasses
35. 35.Which of these is a need? (a) designer sunglasses (b) soap (c) a party dress (d) a glitter pen set
36. 36.True or false: “medicine when ill” is a need. (a) True (b) False
37. 37.🛒 Need or want: drinking water? (a) a need (b) a want
38. 38.💡 A need is something… (a) nice but not needed (b) we must have to live (c) made of plastic (d) only rich people buy
39. 39.🛒 Need or want: a video game? (a) a need (b) a want
40. 40.True or false: “a school uniform” is a want. (a) True (b) False

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