Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 375 · 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.Which of these is a need? (a) a bigger TV (b) rice and dal (c) a sticker album (d) a video game
2. 2.🛒 Need or want: a fancy phone cover? (a) a need (b) a want
3. 3.🔍 Which is the odd one out? (a) a third pair of shoes (b) a school uniform (c) a glitter pen set (d) a toy robot
4. 4.True or false: “a glitter pen set” is a want. (a) False (b) True
5. 5.🛒 Need or want: drinking water? (a) a want (b) a need
6. 6.🛒 Need or want: sweets every day? (a) a need (b) a want
7. 7.🛒 A family has little money. What should it buy first? (a) the needs (b) the costliest thing (c) the most fun thing (d) the wants
8. 8.True or false: “medicine when ill” is a need. (a) False (b) True
9. 9.🛒 Need or want: a warm blanket? (a) a want (b) a need
10. 10.🍱 A tiffin service mostly meets which? (a) a want: games (b) a need: food (c) nothing at all (d) a want: toys
11. 11.Which of these is a want? (a) a school uniform (b) a fancy phone cover (c) drinking water (d) a warm blanket
12. 12.🛒 Need or want: a sticker album? (a) a want (b) a need
13. 13.Which of these is a need? (a) a bigger TV (b) a party dress (c) a school uniform (d) a video game
14. 14.🔍 Which is the odd one out? (a) sweets every day (b) a glitter pen set (c) designer sunglasses (d) a roof over your head
15. 15.True or false: “sweets every day” is a need. (a) False (b) True
16. 16.True or false: “rice and dal” is a need. (a) False (b) True
17. 17.True or false: “a fancy phone cover” is a need. (a) True (b) False
18. 18.Which of these is a need? (a) a sticker album (b) a toy robot (c) notebooks for school (d) designer sunglasses
19. 19.True or false: “bus fare to school” is a want. (a) False (b) True
20. 20.🔍 Which is the odd one out? (a) notebooks for school (b) a sticker album (c) a bigger TV (d) a party dress
21. 21.🛒 Need or want: a bigger TV? (a) a need (b) a want
22. 22.🛍️ Why do businesses that meet needs often sell all year? (a) needs are toys (b) nobody buys needs (c) needs are always free (d) people always need them
23. 23.Which of these is a need? (a) a third pair of shoes (b) a party dress (c) a roof over your head (d) sweets every day
24. 24.True or false: “a video game” is a need. (a) False (b) True
25. 25.🔍 Which is the odd one out? (a) bus fare to school (b) a fancy phone cover (c) a sticker album (d) a party dress
26. 26.True or false: “school shoes” is a want. (a) False (b) True
27. 27.Which of these is a need? (a) a third pair of shoes (b) a sticker album (c) a toy robot (d) medicine when ill
28. 28.❄️ On a cold winter morning, which stall would most people want? (a) water guns (b) hot drinks (c) ice lollies (d) paper fans
29. 29.🛒 Need or want: a school uniform? (a) a need (b) a want
30. 30.🔍 Which is the odd one out? (a) a third pair of shoes (b) drinking water (c) a bigger TV (d) a party dress
31. 31.🔍 Which is the odd one out? (a) a fancy phone cover (b) a roof over your head (c) medicine when ill (d) drinking water
32. 32.🛒 Need or want: school shoes? (a) a need (b) a want
33. 33.☔ In the monsoon, which would sell best at a school gate? (a) woollen sweaters (b) ice lollies (c) umbrellas and raincoats (d) paper kites
34. 34.Which of these is a need? (a) drinking water (b) a sticker album (c) a video game (d) a glitter pen set
35. 35.True or false: “school shoes” is a need. (a) False (b) True
36. 36.🛒 Need or want: a glitter pen set? (a) a need (b) a want
37. 37.Which of these is a need? (a) designer sunglasses (b) a video game (c) a glitter pen set (d) school shoes
38. 38.💡 A need is something… (a) we must have to live (b) made of plastic (c) nice but not needed (d) only rich people buy
39. 39.🛒 Need or want: a toy robot? (a) a need (b) a want
40. 40.True or false: “a bigger TV” is a need. (a) False (b) True

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