Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 335 · 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 toy robot? (a) a want (b) a need
2. 2.🛒 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
3. 3.🍱 A tiffin service mostly meets which? (a) a want: games (b) a want: toys (c) nothing at all (d) a need: food
4. 4.🔍 Which is the odd one out? (a) a fancy phone cover (b) a video game (c) notebooks for school (d) a third pair of shoes
5. 5.True or false: “a party dress” is a need. (a) False (b) True
6. 6.🛒 Need or want: a party dress? (a) a want (b) a need
7. 7.🛒 Need or want: a glitter pen set? (a) a want (b) a need
8. 8.🔍 Which is the odd one out? (a) notebooks for school (b) sweets every day (c) rice and dal (d) school shoes
9. 9.🔍 Which is the odd one out? (a) a bigger TV (b) a party dress (c) a warm blanket (d) a fancy phone cover
10. 10.🛍️ Why do businesses that meet needs often sell all year? (a) needs are toys (b) needs are always free (c) nobody buys needs (d) people always need them
11. 11.❄️ On a cold winter morning, which stall would most people want? (a) ice lollies (b) water guns (c) paper fans (d) hot drinks
12. 12.Which of these is a need? (a) sweets every day (b) designer sunglasses (c) a third pair of shoes (d) soap
13. 13.🔍 Which is the odd one out? (a) medicine when ill (b) a school uniform (c) a fancy phone cover (d) notebooks for school
14. 14.🛒 Need or want: a fancy phone cover? (a) a need (b) a want
15. 15.Which of these is a need? (a) a glitter pen set (b) a video game (c) school shoes (d) a toy robot
16. 16.True or false: “school shoes” is a need. (a) True (b) False
17. 17.🔍 Which is the odd one out? (a) a school uniform (b) notebooks for school (c) bus fare to school (d) a party dress
18. 18.🛒 Need or want: designer sunglasses? (a) a need (b) a want
19. 19.Which of these is a need? (a) rice and dal (b) a glitter pen set (c) a party dress (d) a fancy phone cover
20. 20.🔍 Which is the odd one out? (a) rice and dal (b) a video game (c) bus fare to school (d) soap
21. 21.🛒 Need or want: a bigger TV? (a) a want (b) a need
22. 22.🛒 Need or want: medicine when ill? (a) a need (b) a want
23. 23.Which of these is a need? (a) a toy robot (b) a sticker album (c) a glitter pen set (d) medicine when ill
24. 24.🛒 Need or want: a school uniform? (a) a want (b) a need
25. 25.🛒 Need or want: bus fare to school? (a) a need (b) a want
26. 26.🛒 Need or want: notebooks for school? (a) a want (b) a need
27. 27.🔍 Which is the odd one out? (a) notebooks for school (b) a roof over your head (c) rice and dal (d) a toy robot
28. 28.💡 A need is something… (a) nice but not needed (b) only rich people buy (c) we must have to live (d) made of plastic
29. 29.True or false: “school shoes” is a want. (a) True (b) False
30. 30.True or false: “a sticker album” is a need. (a) False (b) True
31. 31.Which of these is a want? (a) a fancy phone cover (b) soap (c) a warm blanket (d) school shoes
32. 32.Which of these is a need? (a) sweets every day (b) a toy robot (c) a bigger TV (d) a school uniform
33. 33.🛒 Need or want: rice and dal? (a) a need (b) a want
34. 34.True or false: “a school uniform” is a want. (a) True (b) False
35. 35.Which of these is a need? (a) a fancy phone cover (b) a glitter pen set (c) a party dress (d) a warm blanket
36. 36.True or false: “drinking water” is a need. (a) False (b) True
37. 37.True or false: “a toy robot” is a want. (a) True (b) False
38. 38.🔍 Which is the odd one out? (a) designer sunglasses (b) drinking water (c) a fancy phone cover (d) a third pair of shoes
39. 39.🎯 A want can still be a good business when… (a) nobody likes it (b) it is not safe (c) it breaks the rules (d) many people want it
40. 40.🛒 Need or want: sweets every day? (a) a need (b) a want

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