Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 516 · 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) sweets every day (b) school shoes (c) designer sunglasses (d) a bigger TV
2. 2.🛒 A family has little money. What should it buy first? (a) the costliest thing (b) the wants (c) the needs (d) the most fun thing
3. 3.🛒 Need or want: a fancy phone cover? (a) a need (b) a want
4. 4.True or false: “notebooks for school” is a want. (a) False (b) True
5. 5.🛍️ Why do businesses that meet needs often sell all year? (a) needs are always free (b) people always need them (c) needs are toys (d) nobody buys needs
6. 6.🛒 Need or want: soap? (a) a need (b) a want
7. 7.True or false: “a third pair of shoes” is a want. (a) False (b) True
8. 8.True or false: “drinking water” is a need. (a) False (b) True
9. 9.🔍 Which is the odd one out? (a) a school uniform (b) a roof over your head (c) drinking water (d) sweets every day
10. 10.🍱 A tiffin service mostly meets which? (a) a want: games (b) nothing at all (c) a want: toys (d) a need: food
11. 11.Which of these is a need? (a) a fancy phone cover (b) a video game (c) a bigger TV (d) drinking water
12. 12.🛒 Need or want: school shoes? (a) a want (b) a need
13. 13.🔍 Which is the odd one out? (a) bus fare to school (b) sweets every day (c) a third pair of shoes (d) a bigger TV
14. 14.True or false: “medicine when ill” is a want. (a) True (b) False
15. 15.🎯 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
16. 16.True or false: “a warm blanket” is a need. (a) False (b) True
17. 17.True or false: “a bigger TV” is a want. (a) False (b) True
18. 18.🛒 Need or want: a video game? (a) a want (b) a need
19. 19.Which of these is a need? (a) a toy robot (b) designer sunglasses (c) rice and dal (d) a glitter pen set
20. 20.🔍 Which is the odd one out? (a) school shoes (b) medicine when ill (c) a toy robot (d) a warm blanket
21. 21.True or false: “a school uniform” is a want. (a) False (b) True
22. 22.💡 A need is something… (a) made of plastic (b) only rich people buy (c) nice but not needed (d) we must have to live
23. 23.🛒 Need or want: a party dress? (a) a need (b) a want
24. 24.🛒 Need or want: a school uniform? (a) a want (b) a need
25. 25.True or false: “medicine when ill” is a need. (a) False (b) True
26. 26.🔍 Which is the odd one out? (a) a roof over your head (b) designer sunglasses (c) a third pair of shoes (d) a bigger TV
27. 27.True or false: “soap” is a want. (a) False (b) True
28. 28.🔍 Which is the odd one out? (a) notebooks for school (b) a video game (c) soap (d) medicine when ill
29. 29.Which of these is a want? (a) medicine when ill (b) a third pair of shoes (c) rice and dal (d) drinking water
30. 30.Which of these is a need? (a) a video game (b) notebooks for school (c) a sticker album (d) sweets every day
31. 31.True or false: “a roof over your head” is a want. (a) False (b) True
32. 32.True or false: “designer sunglasses” is a want. (a) True (b) False
33. 33.❄️ On a cold winter morning, which stall would most people want? (a) water guns (b) paper fans (c) ice lollies (d) hot drinks
34. 34.Which of these is a want? (a) a sticker album (b) drinking water (c) a roof over your head (d) a warm blanket
35. 35.Which of these is a want? (a) designer sunglasses (b) rice and dal (c) medicine when ill (d) notebooks for school
36. 36.🔍 Which is the odd one out? (a) a glitter pen set (b) designer sunglasses (c) sweets every day (d) notebooks for school
37. 37.Which of these is a want? (a) a roof over your head (b) drinking water (c) rice and dal (d) a fancy phone cover
38. 38.🛒 Need or want: bus fare to school? (a) a want (b) a need
39. 39.🛒 Need or want: a warm blanket? (a) a need (b) a want
40. 40.Which of these is a need? (a) a video game (b) a glitter pen set (c) bus fare to school (d) designer sunglasses

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