Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 419 · 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.True or false: “a roof over your head” is a need. (a) True (b) False
2. 2.🛒 Need or want: a warm blanket? (a) a need (b) a want
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.🛒 Need or want: soap? (a) a need (b) a want
5. 5.🔍 Which is the odd one out? (a) school shoes (b) soap (c) notebooks for school (d) a sticker album
6. 6.🛒 Need or want: a third pair of shoes? (a) a need (b) a want
7. 7.🛒 Need or want: notebooks for school? (a) a want (b) a need
8. 8.🔍 Which is the odd one out? (a) a toy robot (b) a roof over your head (c) a sticker album (d) a party dress
9. 9.True or false: “a fancy phone cover” is a need. (a) True (b) False
10. 10.💡 A need is something… (a) made of plastic (b) we must have to live (c) nice but not needed (d) only rich people buy
11. 11.Which of these is a want? (a) notebooks for school (b) school shoes (c) a school uniform (d) a toy robot
12. 12.🎯 A want can still be a good business when… (a) many people want it (b) it breaks the rules (c) it is not safe (d) nobody likes it
13. 13.☔ In the monsoon, which would sell best at a school gate? (a) umbrellas and raincoats (b) woollen sweaters (c) paper kites (d) ice lollies
14. 14.🛒 Need or want: a fancy phone cover? (a) a want (b) a need
15. 15.Which of these is a need? (a) a toy robot (b) a party dress (c) sweets every day (d) school shoes
16. 16.Which of these is a need? (a) a glitter pen set (b) notebooks for school (c) a sticker album (d) a toy robot
17. 17.🔍 Which is the odd one out? (a) school shoes (b) a glitter pen set (c) a roof over your head (d) drinking water
18. 18.Which of these is a want? (a) bus fare to school (b) a warm blanket (c) a party dress (d) school shoes
19. 19.🔍 Which is the odd one out? (a) a warm blanket (b) designer sunglasses (c) drinking water (d) notebooks for school
20. 20.True or false: “designer sunglasses” is a need. (a) True (b) False
21. 21.True or false: “medicine when ill” is a want. (a) False (b) True
22. 22.🛒 Need or want: rice and dal? (a) a want (b) a need
23. 23.🛒 Need or want: drinking water? (a) a want (b) a need
24. 24.Which of these is a need? (a) a bigger TV (b) a fancy phone cover (c) a roof over your head (d) a toy robot
25. 25.Which of these is a want? (a) sweets every day (b) a school uniform (c) school shoes (d) rice and dal
26. 26.True or false: “a glitter pen set” is a want. (a) False (b) True
27. 27.🔍 Which is the odd one out? (a) a warm blanket (b) a party dress (c) bus fare to school (d) notebooks for school
28. 28.❄️ On a cold winter morning, which stall would most people want? (a) ice lollies (b) hot drinks (c) paper fans (d) water guns
29. 29.🛒 Need or want: a sticker album? (a) a need (b) a want
30. 30.🔍 Which is the odd one out? (a) rice and dal (b) a video game (c) a warm blanket (d) drinking water
31. 31.🛒 Need or want: medicine when ill? (a) a need (b) a want
32. 32.🛒 Need or want: a glitter pen set? (a) a need (b) a want
33. 33.🛒 Need or want: designer sunglasses? (a) a want (b) a need
34. 34.True or false: “notebooks for school” is a need. (a) True (b) False
35. 35.True or false: “a third pair of shoes” is a want. (a) True (b) False
36. 36.Which of these is a want? (a) soap (b) rice and dal (c) a video game (d) a school uniform
37. 37.🛒 Need or want: a video game? (a) a need (b) a want
38. 38.🔍 Which is the odd one out? (a) sweets every day (b) bus fare to school (c) school shoes (d) rice and dal
39. 39.🛒 A family has little money. What should it buy first? (a) the wants (b) the costliest thing (c) the most fun thing (d) the needs
40. 40.Which of these is a need? (a) a fancy phone cover (b) a glitter pen set (c) a bigger TV (d) a school uniform

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