Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 264 · 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.True or false: “drinking water” is a want. (a) True (b) False
2. 2.🔍 Which is the odd one out? (a) a roof over your head (b) soap (c) school shoes (d) a party dress
3. 3.True or false: “a fancy phone cover” is a want. (a) True (b) False
4. 4.Which of these is a need? (a) a video game (b) sweets every day (c) soap (d) designer sunglasses
5. 5.🔍 Which is the odd one out? (a) school shoes (b) a third pair of shoes (c) notebooks for school (d) medicine when ill
6. 6.Which of these is a need? (a) designer sunglasses (b) a glitter pen set (c) school shoes (d) a fancy phone cover
7. 7.Which of these is a need? (a) a roof over your head (b) a fancy phone cover (c) designer sunglasses (d) sweets every day
8. 8.True or false: “bus fare to school” is a need. (a) False (b) True
9. 9.True or false: “a glitter pen set” is a want. (a) False (b) True
10. 10.🛒 Need or want: a sticker album? (a) a need (b) a want
11. 11.True or false: “a roof over your head” is a want. (a) False (b) True
12. 12.🔍 Which is the odd one out? (a) a warm blanket (b) a roof over your head (c) a video game (d) a school uniform
13. 13.🔍 Which is the odd one out? (a) medicine when ill (b) drinking water (c) notebooks for school (d) a glitter pen set
14. 14.💡 A need is something… (a) we must have to live (b) only rich people buy (c) made of plastic (d) nice but not needed
15. 15.🛍️ Why do businesses that meet needs often sell all year? (a) needs are toys (b) nobody buys needs (c) needs are always free (d) people always need them
16. 16.🔍 Which is the odd one out? (a) a third pair of shoes (b) a toy robot (c) a roof over your head (d) a fancy phone cover
17. 17.🛒 Need or want: rice and dal? (a) a need (b) a want
18. 18.🛒 Need or want: a roof over your head? (a) a need (b) a want
19. 19.True or false: “a glitter pen set” is a need. (a) True (b) False
20. 20.🛒 Need or want: school shoes? (a) a want (b) a need
21. 21.Which of these is a want? (a) school shoes (b) sweets every day (c) a warm blanket (d) a roof over your head
22. 22.Which of these is a want? (a) a third pair of shoes (b) a warm blanket (c) a school uniform (d) a roof over your head
23. 23.🛒 Need or want: medicine when ill? (a) a want (b) a need
24. 24.🛒 Need or want: bus fare to school? (a) a want (b) a need
25. 25.Which of these is a want? (a) bus fare to school (b) a warm blanket (c) a party dress (d) soap
26. 26.🔍 Which is the odd one out? (a) rice and dal (b) a bigger TV (c) a party dress (d) a glitter pen set
27. 27.Which of these is a need? (a) a toy robot (b) medicine when ill (c) a sticker album (d) a third pair of shoes
28. 28.True or false: “notebooks for school” is a need. (a) False (b) True
29. 29.🍱 A tiffin service mostly meets which? (a) nothing at all (b) a want: games (c) a want: toys (d) a need: food
30. 30.Which of these is a need? (a) bus fare to school (b) a sticker album (c) a video game (d) sweets every day
31. 31.🛒 Need or want: drinking water? (a) a want (b) a need
32. 32.True or false: “a party dress” is a want. (a) False (b) True
33. 33.🔍 Which is the odd one out? (a) designer sunglasses (b) soap (c) a party dress (d) sweets every day
34. 34.Which of these is a want? (a) a school uniform (b) medicine when ill (c) a video game (d) a warm blanket
35. 35.True or false: “rice and dal” is a want. (a) False (b) True
36. 36.True or false: “a toy robot” is a want. (a) False (b) True
37. 37.🛒 A family has little money. What should it buy first? (a) the costliest thing (b) the most fun thing (c) the needs (d) the wants
38. 38.🛒 Need or want: sweets every day? (a) a need (b) a want
39. 39.☔ In the monsoon, which would sell best at a school gate? (a) paper kites (b) umbrellas and raincoats (c) woollen sweaters (d) ice lollies
40. 40.🔍 Which is the odd one out? (a) school shoes (b) sweets every day (c) a roof over your head (d) notebooks for school

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