Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 51 · 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 most fun thing (d) the wants
2. 2.Which of these is a want? (a) a glitter pen set (b) bus fare to school (c) medicine when ill (d) notebooks for school
3. 3.🔍 Which is the odd one out? (a) a party dress (b) sweets every day (c) designer sunglasses (d) school shoes
4. 4.❄️ On a cold winter morning, which stall would most people want? (a) paper fans (b) ice lollies (c) water guns (d) hot drinks
5. 5.🔍 Which is the odd one out? (a) notebooks for school (b) a toy robot (c) designer sunglasses (d) a glitter pen set
6. 6.🛒 Need or want: drinking water? (a) a need (b) a want
7. 7.🔍 Which is the odd one out? (a) school shoes (b) a school uniform (c) bus fare to school (d) a video game
8. 8.True or false: “a warm blanket” is a want. (a) False (b) True
9. 9.True or false: “notebooks for school” is a want. (a) False (b) True
10. 10.🎯 A want can still be a good business when… (a) it is not safe (b) it breaks the rules (c) nobody likes it (d) many people want it
11. 11.💡 A need is something… (a) only rich people buy (b) we must have to live (c) nice but not needed (d) made of plastic
12. 12.True or false: “a school uniform” is a want. (a) True (b) False
13. 13.🔍 Which is the odd one out? (a) school shoes (b) rice and dal (c) a school uniform (d) a fancy phone cover
14. 14.🍱 A tiffin service mostly meets which? (a) a want: games (b) a need: food (c) nothing at all (d) a want: toys
15. 15.🛒 Need or want: a third pair of shoes? (a) a need (b) a want
16. 16.Which of these is a want? (a) a party dress (b) drinking water (c) school shoes (d) bus fare to school
17. 17.True or false: “a third pair of shoes” is a want. (a) True (b) False
18. 18.Which of these is a need? (a) a sticker album (b) sweets every day (c) a school uniform (d) a party dress
19. 19.Which of these is a need? (a) a party dress (b) a bigger TV (c) a warm blanket (d) a video game
20. 20.Which of these is a want? (a) rice and dal (b) school shoes (c) a school uniform (d) sweets every day
21. 21.Which of these is a need? (a) notebooks for school (b) a party dress (c) a video game (d) a toy robot
22. 22.True or false: “designer sunglasses” is a want. (a) True (b) False
23. 23.True or false: “a roof over your head” is a need. (a) True (b) False
24. 24.🔍 Which is the odd one out? (a) school shoes (b) a sticker album (c) drinking water (d) rice and dal
25. 25.🛒 Need or want: medicine when ill? (a) a need (b) a want
26. 26.🔍 Which is the odd one out? (a) a glitter pen set (b) a party dress (c) designer sunglasses (d) drinking water
27. 27.🛒 Need or want: a sticker album? (a) a need (b) a want
28. 28.🔍 Which is the odd one out? (a) soap (b) rice and dal (c) school shoes (d) a bigger TV
29. 29.☔ In the monsoon, which would sell best at a school gate? (a) umbrellas and raincoats (b) woollen sweaters (c) paper kites (d) ice lollies
30. 30.🛒 Need or want: a school uniform? (a) a want (b) a need
31. 31.True or false: “a fancy phone cover” is a need. (a) True (b) False
32. 32.🔍 Which is the odd one out? (a) medicine when ill (b) a glitter pen set (c) a roof over your head (d) rice and dal
33. 33.True or false: “designer sunglasses” is a need. (a) True (b) False
34. 34.🔍 Which is the odd one out? (a) a warm blanket (b) a third pair of shoes (c) soap (d) drinking water
35. 35.🛒 Need or want: a party dress? (a) a need (b) a want
36. 36.True or false: “medicine when ill” is a need. (a) True (b) False
37. 37.🛒 Need or want: designer sunglasses? (a) a need (b) a want
38. 38.🛒 Need or want: sweets every day? (a) a want (b) a need
39. 39.True or false: “a video game” is a want. (a) True (b) False
40. 40.Which of these is a want? (a) drinking water (b) designer sunglasses (c) a warm blanket (d) bus fare to school

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