Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 342 · 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.💡 A need is something… (a) we must have to live (b) made of plastic (c) only rich people buy (d) nice but not needed
2. 2.🛒 A family has little money. What should it buy first? (a) the needs (b) the wants (c) the most fun thing (d) the costliest thing
3. 3.🔍 Which is the odd one out? (a) notebooks for school (b) a sticker album (c) bus fare to school (d) a warm blanket
4. 4.True or false: “sweets every day” is a want. (a) True (b) False
5. 5.Which of these is a want? (a) rice and dal (b) a school uniform (c) a sticker album (d) medicine when ill
6. 6.🔍 Which is the odd one out? (a) soap (b) a school uniform (c) notebooks for school (d) a party dress
7. 7.🛒 Need or want: a glitter pen set? (a) a need (b) a want
8. 8.☔ In the monsoon, which would sell best at a school gate? (a) umbrellas and raincoats (b) ice lollies (c) paper kites (d) woollen sweaters
9. 9.True or false: “drinking water” is a want. (a) True (b) False
10. 10.❄️ On a cold winter morning, which stall would most people want? (a) hot drinks (b) ice lollies (c) water guns (d) paper fans
11. 11.Which of these is a want? (a) a school uniform (b) a warm blanket (c) a bigger TV (d) drinking water
12. 12.True or false: “school shoes” is a want. (a) True (b) False
13. 13.🔍 Which is the odd one out? (a) a party dress (b) a sticker album (c) school shoes (d) a third pair of shoes
14. 14.🛒 Need or want: a third pair of shoes? (a) a need (b) a want
15. 15.True or false: “soap” is a need. (a) False (b) True
16. 16.Which of these is a need? (a) a video game (b) a third pair of shoes (c) a fancy phone cover (d) rice and dal
17. 17.Which of these is a need? (a) designer sunglasses (b) a glitter pen set (c) a fancy phone cover (d) school shoes
18. 18.Which of these is a want? (a) bus fare to school (b) a fancy phone cover (c) notebooks for school (d) medicine when ill
19. 19.🔍 Which is the odd one out? (a) designer sunglasses (b) a glitter pen set (c) drinking water (d) a party dress
20. 20.🔍 Which is the odd one out? (a) drinking water (b) notebooks for school (c) a warm blanket (d) a toy robot
21. 21.True or false: “a glitter pen set” is a want. (a) False (b) True
22. 22.🛍️ Why do businesses that meet needs often sell all year? (a) people always need them (b) needs are always free (c) nobody buys needs (d) needs are toys
23. 23.Which of these is a need? (a) notebooks for school (b) a sticker album (c) designer sunglasses (d) a party dress
24. 24.Which of these is a want? (a) soap (b) notebooks for school (c) a video game (d) medicine when ill
25. 25.🛒 Need or want: a fancy phone cover? (a) a want (b) a need
26. 26.🛒 Need or want: a video game? (a) a need (b) a want
27. 27.True or false: “rice and dal” is a need. (a) True (b) False
28. 28.🔍 Which is the odd one out? (a) bus fare to school (b) a toy robot (c) designer sunglasses (d) a sticker album
29. 29.🛒 Need or want: drinking water? (a) a want (b) a need
30. 30.🛒 Need or want: medicine when ill? (a) a want (b) a need
31. 31.True or false: “a third pair of shoes” is a want. (a) False (b) True
32. 32.🛒 Need or want: designer sunglasses? (a) a want (b) a need
33. 33.🛒 Need or want: a roof over your head? (a) a want (b) a need
34. 34.🔍 Which is the odd one out? (a) a video game (b) sweets every day (c) a glitter pen set (d) rice and dal
35. 35.🔍 Which is the odd one out? (a) a glitter pen set (b) a warm blanket (c) a school uniform (d) rice and dal
36. 36.True or false: “a party dress” is a need. (a) True (b) False
37. 37.🔍 Which is the odd one out? (a) school shoes (b) designer sunglasses (c) bus fare to school (d) medicine when ill
38. 38.🛒 Need or want: notebooks for school? (a) a need (b) a want
39. 39.🔍 Which is the odd one out? (a) a warm blanket (b) sweets every day (c) a video game (d) a third pair of shoes
40. 40.🛒 Need or want: a warm blanket? (a) a want (b) a need

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