Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 293 · 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 school uniform (b) a third pair of shoes (c) soap (d) rice and dal
2. 2.True or false: “drinking water” is a need. (a) False (b) True
3. 3.❄️ On a cold winter morning, which stall would most people want? (a) paper fans (b) hot drinks (c) water guns (d) ice lollies
4. 4.Which of these is a need? (a) a third pair of shoes (b) a sticker album (c) drinking water (d) a fancy phone cover
5. 5.Which of these is a need? (a) a video game (b) a sticker album (c) soap (d) a third pair of shoes
6. 6.🛍️ Why do businesses that meet needs often sell all year? (a) nobody buys needs (b) needs are always free (c) needs are toys (d) people always need them
7. 7.Which of these is a want? (a) notebooks for school (b) a fancy phone cover (c) school shoes (d) rice and dal
8. 8.💡 A need is something… (a) only rich people buy (b) we must have to live (c) made of plastic (d) nice but not needed
9. 9.True or false: “a fancy phone cover” is a want. (a) False (b) True
10. 10.Which of these is a want? (a) a warm blanket (b) sweets every day (c) drinking water (d) medicine when ill
11. 11.Which of these is a want? (a) drinking water (b) a third pair of shoes (c) rice and dal (d) a school uniform
12. 12.True or false: “a bigger TV” is a need. (a) False (b) True
13. 13.Which of these is a want? (a) rice and dal (b) a school uniform (c) designer sunglasses (d) school shoes
14. 14.🛒 Need or want: a fancy phone cover? (a) a need (b) a want
15. 15.True or false: “a glitter pen set” is a need. (a) False (b) True
16. 16.🛒 Need or want: school shoes? (a) a need (b) a want
17. 17.True or false: “a warm blanket” is a need. (a) False (b) True
18. 18.🔍 Which is the odd one out? (a) sweets every day (b) a toy robot (c) a school uniform (d) a glitter pen set
19. 19.🔍 Which is the odd one out? (a) notebooks for school (b) sweets every day (c) a glitter pen set (d) a video game
20. 20.True or false: “a bigger TV” is a want. (a) True (b) False
21. 21.🔍 Which is the odd one out? (a) rice and dal (b) medicine when ill (c) school shoes (d) sweets every day
22. 22.True or false: “a fancy phone cover” is a need. (a) False (b) True
23. 23.🔍 Which is the odd one out? (a) designer sunglasses (b) a warm blanket (c) a glitter pen set (d) a sticker album
24. 24.Which of these is a want? (a) a toy robot (b) rice and dal (c) bus fare to school (d) a roof over your head
25. 25.🛒 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
26. 26.🔍 Which is the odd one out? (a) notebooks for school (b) designer sunglasses (c) medicine when ill (d) school shoes
27. 27.True or false: “medicine when ill” is a want. (a) True (b) False
28. 28.Which of these is a want? (a) soap (b) a party dress (c) a warm blanket (d) drinking water
29. 29.🛒 Need or want: a school uniform? (a) a need (b) a want
30. 30.True or false: “a toy robot” is a need. (a) False (b) True
31. 31.🔍 Which is the odd one out? (a) a warm blanket (b) a roof over your head (c) soap (d) a bigger TV
32. 32.☔ In the monsoon, which would sell best at a school gate? (a) woollen sweaters (b) ice lollies (c) paper kites (d) umbrellas and raincoats
33. 33.🛒 Need or want: a bigger TV? (a) a need (b) a want
34. 34.🛒 Need or want: medicine when ill? (a) a want (b) a need
35. 35.🔍 Which is the odd one out? (a) a sticker album (b) a video game (c) a roof over your head (d) a third pair of shoes
36. 36.True or false: “sweets every day” is a want. (a) True (b) False
37. 37.Which of these is a need? (a) a third pair of shoes (b) a bigger TV (c) school shoes (d) a party dress
38. 38.Which of these is a need? (a) a warm blanket (b) a toy robot (c) a fancy phone cover (d) sweets every day
39. 39.🛒 Need or want: drinking water? (a) a need (b) a want
40. 40.🛒 Need or want: a sticker album? (a) a want (b) a need

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