Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 466 · 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 most fun thing (b) the wants (c) the costliest thing (d) the needs
2. 2.Which of these is a need? (a) a third pair of shoes (b) sweets every day (c) medicine when ill (d) designer sunglasses
3. 3.🛒 Need or want: a video game? (a) a need (b) a want
4. 4.🔍 Which is the odd one out? (a) drinking water (b) rice and dal (c) soap (d) a sticker album
5. 5.🔍 Which is the odd one out? (a) soap (b) designer sunglasses (c) a toy robot (d) a party dress
6. 6.💡 A need is something… (a) made of plastic (b) nice but not needed (c) we must have to live (d) only rich people buy
7. 7.True or false: “soap” is a need. (a) False (b) True
8. 8.Which of these is a want? (a) soap (b) a party dress (c) rice and dal (d) drinking water
9. 9.🛒 Need or want: a glitter pen set? (a) a want (b) a need
10. 10.🛒 Need or want: school shoes? (a) a want (b) a need
11. 11.🛒 Need or want: designer sunglasses? (a) a want (b) a need
12. 12.Which of these is a need? (a) drinking water (b) a video game (c) designer sunglasses (d) a third pair of shoes
13. 13.🛒 Need or want: sweets every day? (a) a want (b) a need
14. 14.🔍 Which is the odd one out? (a) sweets every day (b) notebooks for school (c) medicine when ill (d) bus fare to school
15. 15.Which of these is a want? (a) a fancy phone cover (b) bus fare to school (c) a school uniform (d) drinking water
16. 16.❄️ On a cold winter morning, which stall would most people want? (a) hot drinks (b) ice lollies (c) water guns (d) paper fans
17. 17.True or false: “a sticker album” is a want. (a) True (b) False
18. 18.🔍 Which is the odd one out? (a) a glitter pen set (b) rice and dal (c) a bigger TV (d) sweets every day
19. 19.☔ In the monsoon, which would sell best at a school gate? (a) ice lollies (b) paper kites (c) woollen sweaters (d) umbrellas and raincoats
20. 20.Which of these is a need? (a) designer sunglasses (b) a fancy phone cover (c) bus fare to school (d) a third pair of shoes
21. 21.🛒 Need or want: medicine when ill? (a) a need (b) a want
22. 22.True or false: “designer sunglasses” is a need. (a) True (b) False
23. 23.🛒 Need or want: a school uniform? (a) a want (b) a need
24. 24.🔍 Which is the odd one out? (a) drinking water (b) a toy robot (c) soap (d) school shoes
25. 25.True or false: “a school uniform” is a need. (a) True (b) False
26. 26.Which of these is a need? (a) designer sunglasses (b) a third pair of shoes (c) a school uniform (d) a toy robot
27. 27.🛒 Need or want: soap? (a) a want (b) a need
28. 28.🔍 Which is the odd one out? (a) school shoes (b) a video game (c) sweets every day (d) a fancy phone cover
29. 29.True or false: “designer sunglasses” is a want. (a) False (b) True
30. 30.True or false: “drinking water” is a want. (a) True (b) False
31. 31.🔍 Which is the odd one out? (a) a toy robot (b) designer sunglasses (c) a warm blanket (d) a glitter pen set
32. 32.🎯 A want can still be a good business when… (a) nobody likes it (b) many people want it (c) it is not safe (d) it breaks the rules
33. 33.Which of these is a need? (a) a toy robot (b) a third pair of shoes (c) a roof over your head (d) a party dress
34. 34.True or false: “bus fare to school” is a want. (a) False (b) True
35. 35.🛒 Need or want: a toy robot? (a) a need (b) a want
36. 36.🔍 Which is the odd one out? (a) a warm blanket (b) drinking water (c) a fancy phone cover (d) school shoes
37. 37.🔍 Which is the odd one out? (a) a bigger TV (b) medicine when ill (c) rice and dal (d) a roof over your head
38. 38.🛍️ Why do businesses that meet needs often sell all year? (a) needs are always free (b) needs are toys (c) nobody buys needs (d) people always need them
39. 39.🛒 Need or want: a roof over your head? (a) a want (b) a need
40. 40.True or false: “notebooks for school” is a want. (a) False (b) True

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