Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 374 · 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) nice but not needed (b) only rich people buy (c) made of plastic (d) we must have to live
2. 2.🔍 Which is the odd one out? (a) a school uniform (b) school shoes (c) a sticker album (d) medicine when ill
3. 3.True or false: “drinking water” is a need. (a) True (b) False
4. 4.Which of these is a want? (a) medicine when ill (b) a warm blanket (c) a glitter pen set (d) rice and dal
5. 5.True or false: “notebooks for school” is a want. (a) True (b) False
6. 6.🛒 Need or want: a bigger TV? (a) a need (b) a want
7. 7.Which of these is a need? (a) bus fare to school (b) designer sunglasses (c) a party dress (d) a toy robot
8. 8.❄️ On a cold winter morning, which stall would most people want? (a) ice lollies (b) paper fans (c) hot drinks (d) water guns
9. 9.True or false: “drinking water” is a want. (a) True (b) False
10. 10.🛒 Need or want: soap? (a) a need (b) a want
11. 11.Which of these is a want? (a) sweets every day (b) notebooks for school (c) bus fare to school (d) a school uniform
12. 12.🛒 Need or want: sweets every day? (a) a want (b) a need
13. 13.🔍 Which is the odd one out? (a) a toy robot (b) designer sunglasses (c) a glitter pen set (d) a school uniform
14. 14.True or false: “a third pair of shoes” is a want. (a) False (b) True
15. 15.🔍 Which is the odd one out? (a) a toy robot (b) a party dress (c) a warm blanket (d) sweets every day
16. 16.Which of these is a need? (a) a roof over your head (b) designer sunglasses (c) a glitter pen set (d) a fancy phone cover
17. 17.Which of these is a want? (a) a school uniform (b) a sticker album (c) a warm blanket (d) notebooks for school
18. 18.🔍 Which is the odd one out? (a) a bigger TV (b) a roof over your head (c) a school uniform (d) drinking water
19. 19.Which of these is a need? (a) a sticker album (b) a warm blanket (c) sweets every day (d) a third pair of shoes
20. 20.Which of these is a need? (a) a video game (b) a sticker album (c) soap (d) a party dress
21. 21.True or false: “bus fare to school” is a need. (a) False (b) True
22. 22.Which of these is a want? (a) a third pair of shoes (b) a roof over your head (c) a school uniform (d) bus fare to school
23. 23.Which of these is a need? (a) a video game (b) a glitter pen set (c) a fancy phone cover (d) medicine when ill
24. 24.🛒 A family has little money. What should it buy first? (a) the most fun thing (b) the wants (c) the needs (d) the costliest thing
25. 25.🔍 Which is the odd one out? (a) school shoes (b) drinking water (c) a video game (d) a school uniform
26. 26.True or false: “a sticker album” is a need. (a) False (b) True
27. 27.☔ In the monsoon, which would sell best at a school gate? (a) ice lollies (b) woollen sweaters (c) umbrellas and raincoats (d) paper kites
28. 28.🛍️ Why do businesses that meet needs often sell all year? (a) people always need them (b) nobody buys needs (c) needs are toys (d) needs are always free
29. 29.True or false: “a sticker album” is a want. (a) True (b) False
30. 30.🛒 Need or want: a glitter pen set? (a) a need (b) a want
31. 31.True or false: “a roof over your head” is a want. (a) True (b) False
32. 32.🔍 Which is the odd one out? (a) sweets every day (b) drinking water (c) a school uniform (d) notebooks for school
33. 33.🛒 Need or want: drinking water? (a) a need (b) a want
34. 34.🛒 Need or want: a school uniform? (a) a need (b) a want
35. 35.🛒 Need or want: a roof over your head? (a) a need (b) a want
36. 36.Which of these is a want? (a) notebooks for school (b) bus fare to school (c) drinking water (d) a fancy phone cover
37. 37.🛒 Need or want: notebooks for school? (a) a want (b) a need
38. 38.🔍 Which is the odd one out? (a) a warm blanket (b) notebooks for school (c) a toy robot (d) medicine when ill
39. 39.Which of these is a need? (a) a fancy phone cover (b) a third pair of shoes (c) notebooks for school (d) designer sunglasses
40. 40.True or false: “a video game” is a want. (a) True (b) False

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