Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 295 · 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 toy robot (b) sweets every day (c) a bigger TV (d) drinking water
2. 2.🛒 A family has little money. What should it buy first? (a) the needs (b) the costliest thing (c) the most fun thing (d) the wants
3. 3.True or false: “a toy robot” is a need. (a) False (b) True
4. 4.Which of these is a need? (a) a sticker album (b) a toy robot (c) a roof over your head (d) a bigger TV
5. 5.🔍 Which is the odd one out? (a) a school uniform (b) soap (c) a glitter pen set (d) medicine when ill
6. 6.True or false: “school shoes” is a want. (a) False (b) True
7. 7.True or false: “a warm blanket” is a want. (a) False (b) True
8. 8.🔍 Which is the odd one out? (a) a school uniform (b) a bigger TV (c) a video game (d) a toy robot
9. 9.🍱 A tiffin service mostly meets which? (a) a want: games (b) nothing at all (c) a need: food (d) a want: toys
10. 10.🛒 Need or want: a warm blanket? (a) a want (b) a need
11. 11.True or false: “a party dress” is a want. (a) True (b) False
12. 12.🔍 Which is the odd one out? (a) a toy robot (b) a video game (c) notebooks for school (d) a sticker album
13. 13.🛒 Need or want: notebooks for school? (a) a want (b) a need
14. 14.Which of these is a want? (a) notebooks for school (b) a sticker album (c) a warm blanket (d) bus fare to school
15. 15.❄️ On a cold winter morning, which stall would most people want? (a) paper fans (b) ice lollies (c) hot drinks (d) water guns
16. 16.🛍️ 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
17. 17.🛒 Need or want: a roof over your head? (a) a need (b) a want
18. 18.True or false: “school shoes” is a need. (a) False (b) True
19. 19.Which of these is a need? (a) sweets every day (b) a third pair of shoes (c) designer sunglasses (d) school shoes
20. 20.🔍 Which is the odd one out? (a) a video game (b) a school uniform (c) rice and dal (d) soap
21. 21.💡 A need is something… (a) nice but not needed (b) we must have to live (c) made of plastic (d) only rich people buy
22. 22.🛒 Need or want: a school uniform? (a) a want (b) a need
23. 23.Which of these is a want? (a) a third pair of shoes (b) a roof over your head (c) a school uniform (d) a warm blanket
24. 24.🔍 Which is the odd one out? (a) a sticker album (b) a roof over your head (c) a third pair of shoes (d) sweets every day
25. 25.True or false: “a bigger TV” is a need. (a) True (b) False
26. 26.🛒 Need or want: a toy robot? (a) a need (b) a want
27. 27.🔍 Which is the odd one out? (a) medicine when ill (b) designer sunglasses (c) drinking water (d) a roof over your head
28. 28.🛒 Need or want: a bigger TV? (a) a need (b) a want
29. 29.True or false: “a fancy phone cover” is a need. (a) False (b) True
30. 30.Which of these is a want? (a) a roof over your head (b) bus fare to school (c) a video game (d) medicine when ill
31. 31.🔍 Which is the odd one out? (a) medicine when ill (b) rice and dal (c) a sticker album (d) a warm blanket
32. 32.True or false: “a fancy phone cover” is a want. (a) False (b) True
33. 33.True or false: “drinking water” is a want. (a) True (b) False
34. 34.True or false: “a school uniform” is a need. (a) False (b) True
35. 35.🎯 A want can still be a good business when… (a) nobody likes it (b) many people want it (c) it is not safe (d) it breaks the rules
36. 36.True or false: “medicine when ill” is a need. (a) False (b) True
37. 37.🛒 Need or want: a sticker album? (a) a want (b) a need
38. 38.Which of these is a need? (a) a fancy phone cover (b) sweets every day (c) a toy robot (d) bus fare to school
39. 39.🛒 Need or want: medicine when ill? (a) a need (b) a want
40. 40.True or false: “sweets every day” is a need. (a) True (b) False

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