Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 542 · 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 of these is a need? (a) a sticker album (b) medicine when ill (c) a glitter pen set (d) a third pair of shoes
2. 2.🔍 Which is the odd one out? (a) a video game (b) a roof over your head (c) rice and dal (d) bus fare to school
3. 3.🍱 A tiffin service mostly meets which? (a) a need: food (b) a want: games (c) nothing at all (d) a want: toys
4. 4.🔍 Which is the odd one out? (a) a roof over your head (b) medicine when ill (c) designer sunglasses (d) a warm blanket
5. 5.True or false: “designer sunglasses” is a want. (a) True (b) False
6. 6.Which of these is a want? (a) drinking water (b) school shoes (c) rice and dal (d) designer sunglasses
7. 7.🛒 Need or want: soap? (a) a need (b) a want
8. 8.🔍 Which is the odd one out? (a) a party dress (b) bus fare to school (c) notebooks for school (d) rice and dal
9. 9.🛒 Need or want: a warm blanket? (a) a want (b) a need
10. 10.Which of these is a want? (a) a school uniform (b) drinking water (c) school shoes (d) a fancy phone cover
11. 11.Which of these is a need? (a) a bigger TV (b) a fancy phone cover (c) a glitter pen set (d) notebooks for school
12. 12.True or false: “a party dress” is a want. (a) False (b) True
13. 13.🔍 Which is the odd one out? (a) a party dress (b) sweets every day (c) a bigger TV (d) school shoes
14. 14.🛒 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
15. 15.🛒 Need or want: a roof over your head? (a) a want (b) a need
16. 16.🛒 Need or want: a party dress? (a) a need (b) a want
17. 17.True or false: “notebooks for school” is a need. (a) False (b) True
18. 18.Which of these is a want? (a) a roof over your head (b) bus fare to school (c) rice and dal (d) a party dress
19. 19.🔍 Which is the odd one out? (a) rice and dal (b) a fancy phone cover (c) a third pair of shoes (d) a bigger TV
20. 20.True or false: “a third pair of shoes” is a need. (a) True (b) False
21. 21.True or false: “soap” is a want. (a) False (b) True
22. 22.🛒 Need or want: a toy robot? (a) a want (b) a need
23. 23.Which of these is a want? (a) a warm blanket (b) a glitter pen set (c) school shoes (d) bus fare to school
24. 24.🛒 Need or want: a school uniform? (a) a need (b) a want
25. 25.🎯 A want can still be a good business when… (a) nobody likes it (b) it is not safe (c) many people want it (d) it breaks the rules
26. 26.True or false: “sweets every day” is a want. (a) False (b) True
27. 27.True or false: “a toy robot” is a need. (a) False (b) True
28. 28.Which of these is a need? (a) school shoes (b) a video game (c) a toy robot (d) a glitter pen set
29. 29.True or false: “a glitter pen set” is a need. (a) False (b) True
30. 30.Which of these is a need? (a) a sticker album (b) soap (c) sweets every day (d) a toy robot
31. 31.Which of these is a want? (a) sweets every day (b) a warm blanket (c) medicine when ill (d) bus fare to school
32. 32.True or false: “designer sunglasses” is a need. (a) True (b) False
33. 33.❄️ On a cold winter morning, which stall would most people want? (a) paper fans (b) ice lollies (c) water guns (d) hot drinks
34. 34.🔍 Which is the odd one out? (a) school shoes (b) a warm blanket (c) notebooks for school (d) a glitter pen set
35. 35.🛒 Need or want: a third pair of shoes? (a) a want (b) a need
36. 36.True or false: “a toy robot” is a want. (a) True (b) False
37. 37.Which of these is a want? (a) drinking water (b) a video game (c) notebooks for school (d) rice and dal
38. 38.💡 A need is something… (a) made of plastic (b) only rich people buy (c) nice but not needed (d) we must have to live
39. 39.True or false: “a roof over your head” is a need. (a) False (b) True
40. 40.Which of these is a need? (a) designer sunglasses (b) a toy robot (c) a glitter pen set (d) rice and dal

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