Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 305 · 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.❄️ On a cold winter morning, which stall would most people want? (a) water guns (b) paper fans (c) hot drinks (d) ice lollies
2. 2.🔍 Which is the odd one out? (a) bus fare to school (b) drinking water (c) a bigger TV (d) rice and dal
3. 3.🔍 Which is the odd one out? (a) a warm blanket (b) a sticker album (c) drinking water (d) school shoes
4. 4.Which of these is a want? (a) bus fare to school (b) a sticker album (c) notebooks for school (d) a roof over your head
5. 5.💡 A need is something… (a) we must have to live (b) nice but not needed (c) only rich people buy (d) made of plastic
6. 6.🔍 Which is the odd one out? (a) soap (b) a fancy phone cover (c) school shoes (d) notebooks for school
7. 7.☔ In the monsoon, which would sell best at a school gate? (a) woollen sweaters (b) ice lollies (c) paper kites (d) umbrellas and raincoats
8. 8.🔍 Which is the odd one out? (a) medicine when ill (b) designer sunglasses (c) drinking water (d) soap
9. 9.🛒 A family has little money. What should it buy first? (a) the most fun thing (b) the wants (c) the costliest thing (d) the needs
10. 10.🔍 Which is the odd one out? (a) a sticker album (b) a video game (c) a fancy phone cover (d) medicine when ill
11. 11.🔍 Which is the odd one out? (a) a bigger TV (b) a sticker album (c) rice and dal (d) sweets every day
12. 12.True or false: “a party dress” is a need. (a) True (b) False
13. 13.🛒 Need or want: a warm blanket? (a) a need (b) a want
14. 14.🛒 Need or want: school shoes? (a) a need (b) a want
15. 15.🍱 A tiffin service mostly meets which? (a) a want: toys (b) a need: food (c) nothing at all (d) a want: games
16. 16.True or false: “school shoes” is a want. (a) True (b) False
17. 17.True or false: “rice and dal” is a need. (a) False (b) True
18. 18.True or false: “a glitter pen set” is a want. (a) True (b) False
19. 19.🛒 Need or want: designer sunglasses? (a) a want (b) a need
20. 20.Which of these is a want? (a) soap (b) school shoes (c) a video game (d) rice and dal
21. 21.🔍 Which is the odd one out? (a) drinking water (b) a video game (c) soap (d) school shoes
22. 22.🛒 Need or want: a sticker album? (a) a want (b) a need
23. 23.True or false: “a toy robot” is a need. (a) False (b) True
24. 24.Which of these is a need? (a) sweets every day (b) a warm blanket (c) a video game (d) designer sunglasses
25. 25.Which of these is a need? (a) a video game (b) a fancy phone cover (c) sweets every day (d) drinking water
26. 26.True or false: “a warm blanket” is a want. (a) False (b) True
27. 27.Which of these is a want? (a) drinking water (b) a toy robot (c) rice and dal (d) soap
28. 28.🔍 Which is the odd one out? (a) bus fare to school (b) a party dress (c) a warm blanket (d) drinking water
29. 29.Which of these is a want? (a) a roof over your head (b) school shoes (c) rice and dal (d) a third pair of shoes
30. 30.🛒 Need or want: sweets every day? (a) a want (b) a need
31. 31.True or false: “a glitter pen set” is a need. (a) True (b) False
32. 32.🔍 Which is the odd one out? (a) a glitter pen set (b) a party dress (c) a third pair of shoes (d) drinking water
33. 33.Which of these is a want? (a) soap (b) rice and dal (c) a fancy phone cover (d) bus fare to school
34. 34.Which of these is a want? (a) bus fare to school (b) designer sunglasses (c) rice and dal (d) a warm blanket
35. 35.🔍 Which is the odd one out? (a) a roof over your head (b) a toy robot (c) designer sunglasses (d) a sticker album
36. 36.True or false: “designer sunglasses” is a want. (a) False (b) True
37. 37.True or false: “medicine when ill” is a want. (a) True (b) False
38. 38.Which of these is a need? (a) a fancy phone cover (b) soap (c) a video game (d) a bigger TV
39. 39.🛒 Need or want: notebooks for school? (a) a want (b) a need
40. 40.Which of these is a need? (a) a bigger TV (b) a glitter pen set (c) school shoes (d) a party dress

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