Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 333 · 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.🛒 Need or want: a fancy phone cover? (a) a want (b) a need
2. 2.True or false: “a bigger TV” is a need. (a) False (b) True
3. 3.🔍 Which is the odd one out? (a) soap (b) a roof over your head (c) a third pair of shoes (d) medicine when ill
4. 4.🛒 Need or want: school shoes? (a) a want (b) a need
5. 5.Which of these is a need? (a) a bigger TV (b) a school uniform (c) a fancy phone cover (d) a glitter pen set
6. 6.True or false: “rice and dal” is a want. (a) True (b) False
7. 7.🛒 Need or want: drinking water? (a) a want (b) a need
8. 8.True or false: “a bigger TV” is a want. (a) True (b) False
9. 9.Which of these is a need? (a) a glitter pen set (b) rice and dal (c) a toy robot (d) a party dress
10. 10.☔ In the monsoon, which would sell best at a school gate? (a) woollen sweaters (b) ice lollies (c) paper kites (d) umbrellas and raincoats
11. 11.🔍 Which is the odd one out? (a) a sticker album (b) a party dress (c) a roof over your head (d) a glitter pen set
12. 12.🍱 A tiffin service mostly meets which? (a) a want: toys (b) a want: games (c) a need: food (d) nothing at all
13. 13.Which of these is a need? (a) a fancy phone cover (b) soap (c) designer sunglasses (d) sweets every day
14. 14.True or false: “a roof over your head” is a need. (a) True (b) False
15. 15.Which of these is a need? (a) designer sunglasses (b) a video game (c) sweets every day (d) school shoes
16. 16.True or false: “a sticker album” is a need. (a) True (b) False
17. 17.🔍 Which is the odd one out? (a) drinking water (b) medicine when ill (c) sweets every day (d) a school uniform
18. 18.🔍 Which is the odd one out? (a) medicine when ill (b) designer sunglasses (c) notebooks for school (d) soap
19. 19.🔍 Which is the odd one out? (a) a party dress (b) a video game (c) sweets every day (d) soap
20. 20.Which of these is a want? (a) a glitter pen set (b) a roof over your head (c) bus fare to school (d) soap
21. 21.🔍 Which is the odd one out? (a) a school uniform (b) drinking water (c) a warm blanket (d) a party dress
22. 22.🎯 A want can still be a good business when… (a) many people want it (b) it breaks the rules (c) nobody likes it (d) it is not safe
23. 23.True or false: “bus fare to school” is a need. (a) True (b) False
24. 24.❄️ On a cold winter morning, which stall would most people want? (a) ice lollies (b) paper fans (c) water guns (d) hot drinks
25. 25.🛒 Need or want: a bigger TV? (a) a want (b) a need
26. 26.True or false: “a school uniform” is a need. (a) False (b) True
27. 27.🔍 Which is the odd one out? (a) a fancy phone cover (b) medicine when ill (c) a bigger TV (d) a toy robot
28. 28.🔍 Which is the odd one out? (a) designer sunglasses (b) a school uniform (c) a fancy phone cover (d) a party dress
29. 29.True or false: “school shoes” is a want. (a) False (b) True
30. 30.🛒 A family has little money. What should it buy first? (a) the most fun thing (b) the needs (c) the costliest thing (d) the wants
31. 31.🛒 Need or want: medicine when ill? (a) a want (b) a need
32. 32.🛒 Need or want: a warm blanket? (a) a need (b) a want
33. 33.Which of these is a need? (a) a video game (b) a third pair of shoes (c) a warm blanket (d) a party dress
34. 34.True or false: “soap” is a want. (a) False (b) True
35. 35.🛒 Need or want: a roof over your head? (a) a want (b) a need
36. 36.Which of these is a want? (a) a roof over your head (b) school shoes (c) sweets every day (d) medicine when ill
37. 37.🔍 Which is the odd one out? (a) a school uniform (b) a warm blanket (c) rice and dal (d) a bigger TV
38. 38.🛒 Need or want: a toy robot? (a) a need (b) a want
39. 39.True or false: “a third pair of shoes” is a want. (a) True (b) False
40. 40.True or false: “a party dress” is a want. (a) False (b) True

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