Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 533 · 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.🛒 Need or want: a third pair of shoes? (a) a need (b) a want
2. 2.True or false: “medicine when ill” is a need. (a) False (b) True
3. 3.🛒 Need or want: rice and dal? (a) a want (b) a need
4. 4.Which of these is a need? (a) a toy robot (b) designer sunglasses (c) sweets every day (d) school shoes
5. 5.🛒 Need or want: a bigger TV? (a) a need (b) a want
6. 6.Which of these is a need? (a) a party dress (b) designer sunglasses (c) medicine when ill (d) a sticker album
7. 7.🔍 Which is the odd one out? (a) a third pair of shoes (b) school shoes (c) a fancy phone cover (d) a video game
8. 8.🛒 A family has little money. What should it buy first? (a) the wants (b) the costliest thing (c) the needs (d) the most fun thing
9. 9.🔍 Which is the odd one out? (a) sweets every day (b) a bigger TV (c) a third pair of shoes (d) rice and dal
10. 10.Which of these is a want? (a) bus fare to school (b) medicine when ill (c) a video game (d) soap
11. 11.🛒 Need or want: bus fare to school? (a) a need (b) a want
12. 12.True or false: “medicine when ill” is a want. (a) True (b) False
13. 13.🔍 Which is the odd one out? (a) designer sunglasses (b) soap (c) a warm blanket (d) drinking water
14. 14.☔ In the monsoon, which would sell best at a school gate? (a) paper kites (b) woollen sweaters (c) umbrellas and raincoats (d) ice lollies
15. 15.True or false: “a bigger TV” is a want. (a) False (b) True
16. 16.True or false: “a toy robot” is a need. (a) False (b) True
17. 17.🛒 Need or want: a party dress? (a) a want (b) a need
18. 18.Which of these is a need? (a) a bigger TV (b) a sticker album (c) a toy robot (d) a school uniform
19. 19.❄️ On a cold winter morning, which stall would most people want? (a) ice lollies (b) hot drinks (c) paper fans (d) water guns
20. 20.🔍 Which is the odd one out? (a) bus fare to school (b) a third pair of shoes (c) notebooks for school (d) a school uniform
21. 21.🛍️ Why do businesses that meet needs often sell all year? (a) needs are toys (b) nobody buys needs (c) people always need them (d) needs are always free
22. 22.True or false: “a glitter pen set” is a need. (a) False (b) True
23. 23.🔍 Which is the odd one out? (a) drinking water (b) a warm blanket (c) school shoes (d) a video game
24. 24.True or false: “notebooks for school” is a need. (a) False (b) True
25. 25.🍱 A tiffin service mostly meets which? (a) a want: games (b) a want: toys (c) a need: food (d) nothing at all
26. 26.🛒 Need or want: a roof over your head? (a) a want (b) a need
27. 27.True or false: “a warm blanket” is a want. (a) True (b) False
28. 28.💡 A need is something… (a) we must have to live (b) made of plastic (c) only rich people buy (d) nice but not needed
29. 29.Which of these is a need? (a) a fancy phone cover (b) soap (c) a video game (d) a third pair of shoes
30. 30.🔍 Which is the odd one out? (a) bus fare to school (b) a party dress (c) a school uniform (d) drinking water
31. 31.True or false: “a glitter pen set” is a want. (a) True (b) False
32. 32.🔍 Which is the odd one out? (a) drinking water (b) medicine when ill (c) a sticker album (d) school shoes
33. 33.Which of these is a want? (a) a roof over your head (b) medicine when ill (c) bus fare to school (d) a third pair of shoes
34. 34.🛒 Need or want: a video game? (a) a want (b) a need
35. 35.Which of these is a want? (a) medicine when ill (b) a bigger TV (c) bus fare to school (d) a warm blanket
36. 36.🛒 Need or want: designer sunglasses? (a) a need (b) a want
37. 37.True or false: “a school uniform” is a need. (a) True (b) False
38. 38.True or false: “a third pair of shoes” is a need. (a) False (b) True
39. 39.Which of these is a need? (a) a fancy phone cover (b) a video game (c) notebooks for school (d) a toy robot
40. 40.Which of these is a want? (a) rice and dal (b) school shoes (c) a fancy phone cover (d) a roof over your head

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