Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 557 · 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.True or false: “designer sunglasses” is a want. (a) True (b) False
2. 2.🛒 Need or want: a bigger TV? (a) a need (b) a want
3. 3.True or false: “a third pair of shoes” is a want. (a) True (b) False
4. 4.🛒 Need or want: a warm blanket? (a) a want (b) a need
5. 5.🛒 Need or want: medicine when ill? (a) a need (b) a want
6. 6.🛒 A family has little money. What should it buy first? (a) the wants (b) the most fun thing (c) the needs (d) the costliest thing
7. 7.Which of these is a want? (a) a third pair of shoes (b) drinking water (c) school shoes (d) a roof over your head
8. 8.True or false: “a warm blanket” is a need. (a) True (b) False
9. 9.Which of these is a need? (a) designer sunglasses (b) a glitter pen set (c) a third pair of shoes (d) school shoes
10. 10.Which of these is a need? (a) soap (b) a glitter pen set (c) sweets every day (d) a video game
11. 11.True or false: “a roof over your head” is a want. (a) True (b) False
12. 12.Which of these is a want? (a) rice and dal (b) a roof over your head (c) drinking water (d) a bigger TV
13. 13.🔍 Which is the odd one out? (a) soap (b) school shoes (c) a bigger TV (d) notebooks for school
14. 14.True or false: “a video game” is a need. (a) False (b) True
15. 15.🛒 Need or want: a school uniform? (a) a want (b) a need
16. 16.💡 A need is something… (a) we must have to live (b) nice but not needed (c) made of plastic (d) only rich people buy
17. 17.🍱 A tiffin service mostly meets which? (a) a want: games (b) nothing at all (c) a need: food (d) a want: toys
18. 18.Which of these is a want? (a) a video game (b) a school uniform (c) rice and dal (d) a roof over your head
19. 19.❄️ On a cold winter morning, which stall would most people want? (a) paper fans (b) hot drinks (c) ice lollies (d) water guns
20. 20.🔍 Which is the odd one out? (a) a school uniform (b) drinking water (c) a toy robot (d) school shoes
21. 21.🔍 Which is the odd one out? (a) rice and dal (b) a bigger TV (c) designer sunglasses (d) a video game
22. 22.🛒 Need or want: designer sunglasses? (a) a want (b) a need
23. 23.Which of these is a need? (a) a video game (b) a sticker album (c) a bigger TV (d) drinking water
24. 24.True or false: “medicine when ill” is a want. (a) False (b) True
25. 25.🛒 Need or want: a third pair of shoes? (a) a need (b) a want
26. 26.True or false: “school shoes” is a want. (a) False (b) True
27. 27.☔ In the monsoon, which would sell best at a school gate? (a) umbrellas and raincoats (b) woollen sweaters (c) ice lollies (d) paper kites
28. 28.🔍 Which is the odd one out? (a) a party dress (b) a glitter pen set (c) a third pair of shoes (d) notebooks for school
29. 29.True or false: “school shoes” is a need. (a) False (b) True
30. 30.True or false: “a third pair of shoes” is a need. (a) False (b) True
31. 31.Which of these is a want? (a) drinking water (b) a roof over your head (c) a toy robot (d) a school uniform
32. 32.🛒 Need or want: sweets every day? (a) a need (b) a want
33. 33.🔍 Which is the odd one out? (a) a third pair of shoes (b) drinking water (c) a fancy phone cover (d) a video game
34. 34.🛒 Need or want: a video game? (a) a want (b) a need
35. 35.🔍 Which is the odd one out? (a) sweets every day (b) a toy robot (c) school shoes (d) a third pair of shoes
36. 36.Which of these is a need? (a) a fancy phone cover (b) a video game (c) a bigger TV (d) rice and dal
37. 37.Which of these is a need? (a) a third pair of shoes (b) a video game (c) medicine when ill (d) a toy robot
38. 38.🛒 Need or want: rice and dal? (a) a want (b) a need
39. 39.Which of these is a need? (a) bus fare to school (b) a video game (c) a party dress (d) a fancy phone cover
40. 40.🔍 Which is the odd one out? (a) a video game (b) soap (c) medicine when ill (d) drinking water

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