Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 461 · 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 family has little money. What should it buy first? (a) the needs (b) the costliest thing (c) the wants (d) the most fun thing
2. 2.Which of these is a want? (a) notebooks for school (b) drinking water (c) a glitter pen set (d) a roof over your head
3. 3.💡 A need is something… (a) nice but not needed (b) we must have to live (c) made of plastic (d) only rich people buy
4. 4.Which of these is a want? (a) a sticker album (b) drinking water (c) notebooks for school (d) medicine when ill
5. 5.True or false: “a roof over your head” is a want. (a) True (b) False
6. 6.🔍 Which is the odd one out? (a) a third pair of shoes (b) a fancy phone cover (c) a toy robot (d) a roof over your head
7. 7.🔍 Which is the odd one out? (a) bus fare to school (b) a roof over your head (c) a party dress (d) medicine when ill
8. 8.🔍 Which is the odd one out? (a) a bigger TV (b) a video game (c) a glitter pen set (d) a school uniform
9. 9.🛒 Need or want: a bigger TV? (a) a need (b) a want
10. 10.True or false: “a school uniform” is a need. (a) False (b) True
11. 11.Which of these is a need? (a) a fancy phone cover (b) a party dress (c) designer sunglasses (d) a warm blanket
12. 12.🛍️ Why do businesses that meet needs often sell all year? (a) people always need them (b) needs are toys (c) nobody buys needs (d) needs are always free
13. 13.🎯 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
14. 14.True or false: “a glitter pen set” is a need. (a) False (b) True
15. 15.❄️ On a cold winter morning, which stall would most people want? (a) paper fans (b) hot drinks (c) ice lollies (d) water guns
16. 16.True or false: “a video game” is a want. (a) False (b) True
17. 17.🛒 Need or want: a toy robot? (a) a want (b) a need
18. 18.🛒 Need or want: school shoes? (a) a need (b) a want
19. 19.🔍 Which is the odd one out? (a) a party dress (b) designer sunglasses (c) a sticker album (d) notebooks for school
20. 20.Which of these is a need? (a) medicine when ill (b) a party dress (c) designer sunglasses (d) a toy robot
21. 21.🛒 Need or want: a party dress? (a) a need (b) a want
22. 22.🍱 A tiffin service mostly meets which? (a) a want: toys (b) nothing at all (c) a want: games (d) a need: food
23. 23.🛒 Need or want: a sticker album? (a) a need (b) a want
24. 24.🛒 Need or want: designer sunglasses? (a) a need (b) a want
25. 25.🔍 Which is the odd one out? (a) a bigger TV (b) a third pair of shoes (c) bus fare to school (d) a video game
26. 26.True or false: “medicine when ill” is a want. (a) True (b) False
27. 27.Which of these is a want? (a) a school uniform (b) a warm blanket (c) medicine when ill (d) a fancy phone cover
28. 28.🔍 Which is the odd one out? (a) a fancy phone cover (b) soap (c) bus fare to school (d) a warm blanket
29. 29.🛒 Need or want: sweets every day? (a) a need (b) a want
30. 30.True or false: “notebooks for school” is a want. (a) True (b) False
31. 31.True or false: “sweets every day” is a need. (a) False (b) True
32. 32.🔍 Which is the odd one out? (a) a school uniform (b) designer sunglasses (c) bus fare to school (d) medicine when ill
33. 33.🔍 Which is the odd one out? (a) sweets every day (b) drinking water (c) a school uniform (d) a roof over your head
34. 34.Which of these is a want? (a) sweets every day (b) medicine when ill (c) a warm blanket (d) drinking water
35. 35.Which of these is a need? (a) a toy robot (b) designer sunglasses (c) school shoes (d) a bigger TV
36. 36.🛒 Need or want: a warm blanket? (a) a want (b) a need
37. 37.🔍 Which is the odd one out? (a) a sticker album (b) a bigger TV (c) a glitter pen set (d) medicine when ill
38. 38.True or false: “bus fare to school” is a want. (a) True (b) False
39. 39.🛒 Need or want: bus fare to school? (a) a need (b) a want
40. 40.Which of these is a want? (a) drinking water (b) rice and dal (c) a bigger TV (d) a school uniform

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