Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 600 · 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) bus fare to school (b) a fancy phone cover (c) drinking water (d) school shoes
2. 2.True or false: “a video game” is a need. (a) True (b) False
3. 3.❄️ On a cold winter morning, which stall would most people want? (a) water guns (b) ice lollies (c) hot drinks (d) paper fans
4. 4.🛍️ Why do businesses that meet needs often sell all year? (a) needs are always free (b) nobody buys needs (c) needs are toys (d) people always need them
5. 5.Which of these is a need? (a) sweets every day (b) a glitter pen set (c) a video game (d) a roof over your head
6. 6.🎯 A want can still be a good business when… (a) it is not safe (b) nobody likes it (c) many people want it (d) it breaks the rules
7. 7.Which of these is a need? (a) sweets every day (b) medicine when ill (c) a toy robot (d) a video game
8. 8.Which of these is a need? (a) designer sunglasses (b) a toy robot (c) a school uniform (d) a sticker album
9. 9.True or false: “school shoes” is a want. (a) False (b) True
10. 10.🛒 Need or want: bus fare to school? (a) a need (b) a want
11. 11.🛒 Need or want: a glitter pen set? (a) a need (b) a want
12. 12.True or false: “a sticker album” is a need. (a) True (b) False
13. 13.🔍 Which is the odd one out? (a) a party dress (b) a bigger TV (c) sweets every day (d) rice and dal
14. 14.🔍 Which is the odd one out? (a) a third pair of shoes (b) notebooks for school (c) a fancy phone cover (d) a video game
15. 15.🛒 Need or want: a fancy phone cover? (a) a want (b) a need
16. 16.🛒 Need or want: a toy robot? (a) a want (b) a need
17. 17.🔍 Which is the odd one out? (a) a video game (b) soap (c) designer sunglasses (d) a party dress
18. 18.True or false: “a sticker album” is a want. (a) True (b) False
19. 19.Which of these is a need? (a) a bigger TV (b) drinking water (c) a fancy phone cover (d) a glitter pen set
20. 20.🛒 Need or want: a roof over your head? (a) a want (b) a need
21. 21.💡 A need is something… (a) nice but not needed (b) only rich people buy (c) made of plastic (d) we must have to live
22. 22.True or false: “notebooks for school” is a want. (a) False (b) True
23. 23.🛒 Need or want: notebooks for school? (a) a want (b) a need
24. 24.Which of these is a want? (a) bus fare to school (b) notebooks for school (c) a glitter pen set (d) a warm blanket
25. 25.🛒 A family has little money. What should it buy first? (a) the needs (b) the wants (c) the costliest thing (d) the most fun thing
26. 26.🔍 Which is the odd one out? (a) drinking water (b) a third pair of shoes (c) bus fare to school (d) school shoes
27. 27.🔍 Which is the odd one out? (a) school shoes (b) drinking water (c) a party dress (d) rice and dal
28. 28.True or false: “a fancy phone cover” is a want. (a) True (b) False
29. 29.🔍 Which is the odd one out? (a) a third pair of shoes (b) a bigger TV (c) bus fare to school (d) a fancy phone cover
30. 30.Which of these is a want? (a) a warm blanket (b) rice and dal (c) a roof over your head (d) a sticker album
31. 31.True or false: “designer sunglasses” is a need. (a) True (b) False
32. 32.🛒 Need or want: a party dress? (a) a need (b) a want
33. 33.Which of these is a want? (a) soap (b) a fancy phone cover (c) a warm blanket (d) a roof over your head
34. 34.Which of these is a need? (a) a fancy phone cover (b) rice and dal (c) designer sunglasses (d) a toy robot
35. 35.True or false: “drinking water” is a want. (a) True (b) False
36. 36.True or false: “a third pair of shoes” is a need. (a) False (b) True
37. 37.🔍 Which is the odd one out? (a) a warm blanket (b) a roof over your head (c) a video game (d) bus fare to school
38. 38.Which of these is a need? (a) school shoes (b) a toy robot (c) a fancy phone cover (d) a party dress
39. 39.Which of these is a want? (a) drinking water (b) bus fare to school (c) medicine when ill (d) a toy robot
40. 40.Which of these is a want? (a) bus fare to school (b) a warm blanket (c) a roof over your head (d) designer sunglasses

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