Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 468 · 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 is the odd one out? (a) school shoes (b) a sticker album (c) a roof over your head (d) soap
2. 2.Which of these is a need? (a) a bigger TV (b) a party dress (c) a school uniform (d) a toy robot
3. 3.Which of these is a want? (a) bus fare to school (b) notebooks for school (c) a bigger TV (d) a warm blanket
4. 4.🔍 Which is the odd one out? (a) a party dress (b) school shoes (c) a sticker album (d) a fancy phone cover
5. 5.🛍️ Why do businesses that meet needs often sell all year? (a) people always need them (b) needs are toys (c) needs are always free (d) nobody buys needs
6. 6.Which of these is a want? (a) drinking water (b) school shoes (c) rice and dal (d) a glitter pen set
7. 7.🛒 A family has little money. What should it buy first? (a) the most fun thing (b) the costliest thing (c) the wants (d) the needs
8. 8.Which of these is a want? (a) a party dress (b) school shoes (c) soap (d) a warm blanket
9. 9.True or false: “medicine when ill” is a need. (a) False (b) True
10. 10.🛒 Need or want: a glitter pen set? (a) a want (b) a need
11. 11.🔍 Which is the odd one out? (a) a fancy phone cover (b) a toy robot (c) soap (d) a glitter pen set
12. 12.Which of these is a want? (a) a roof over your head (b) designer sunglasses (c) drinking water (d) a warm blanket
13. 13.🔍 Which is the odd one out? (a) notebooks for school (b) medicine when ill (c) designer sunglasses (d) rice and dal
14. 14.True or false: “school shoes” is a want. (a) True (b) False
15. 15.True or false: “a school uniform” is a want. (a) True (b) False
16. 16.True or false: “a warm blanket” is a need. (a) True (b) False
17. 17.True or false: “bus fare to school” is a want. (a) True (b) False
18. 18.🛒 Need or want: a fancy phone cover? (a) a need (b) a want
19. 19.🎯 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
20. 20.Which of these is a want? (a) bus fare to school (b) school shoes (c) a school uniform (d) a sticker album
21. 21.Which of these is a want? (a) sweets every day (b) a roof over your head (c) rice and dal (d) notebooks for school
22. 22.🛒 Need or want: school shoes? (a) a want (b) a need
23. 23.Which of these is a want? (a) a roof over your head (b) a warm blanket (c) notebooks for school (d) a toy robot
24. 24.🛒 Need or want: a warm blanket? (a) a want (b) a need
25. 25.🔍 Which is the odd one out? (a) sweets every day (b) a fancy phone cover (c) medicine when ill (d) a video game
26. 26.Which of these is a need? (a) a bigger TV (b) sweets every day (c) a glitter pen set (d) drinking water
27. 27.Which of these is a want? (a) school shoes (b) drinking water (c) a third pair of shoes (d) a warm blanket
28. 28.🔍 Which is the odd one out? (a) notebooks for school (b) school shoes (c) drinking water (d) a toy robot
29. 29.🛒 Need or want: a party dress? (a) a want (b) a need
30. 30.🛒 Need or want: medicine when ill? (a) a need (b) a want
31. 31.❄️ On a cold winter morning, which stall would most people want? (a) ice lollies (b) hot drinks (c) water guns (d) paper fans
32. 32.Which of these is a need? (a) a fancy phone cover (b) a party dress (c) designer sunglasses (d) notebooks for school
33. 33.True or false: “a glitter pen set” is a need. (a) False (b) True
34. 34.True or false: “a video game” is a want. (a) True (b) False
35. 35.Which of these is a want? (a) bus fare to school (b) a school uniform (c) a fancy phone cover (d) a roof over your head
36. 36.Which of these is a need? (a) a video game (b) a party dress (c) rice and dal (d) sweets every day
37. 37.Which of these is a need? (a) a video game (b) a sticker album (c) a warm blanket (d) sweets every day
38. 38.🔍 Which is the odd one out? (a) notebooks for school (b) a fancy phone cover (c) sweets every day (d) a toy robot
39. 39.True or false: “a fancy phone cover” is a need. (a) True (b) False
40. 40.🍱 A tiffin service mostly meets which? (a) a need: food (b) a want: games (c) a want: toys (d) nothing at all

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