Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 601 · 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.🛒 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
2. 2.Which of these is a need? (a) a glitter pen set (b) a warm blanket (c) a party dress (d) a toy robot
3. 3.🛒 Need or want: a school uniform? (a) a want (b) a need
4. 4.☔ In the monsoon, which would sell best at a school gate? (a) woollen sweaters (b) umbrellas and raincoats (c) paper kites (d) ice lollies
5. 5.Which of these is a want? (a) designer sunglasses (b) a roof over your head (c) soap (d) school shoes
6. 6.🛒 Need or want: a bigger TV? (a) a want (b) a need
7. 7.Which of these is a need? (a) a party dress (b) a fancy phone cover (c) rice and dal (d) designer sunglasses
8. 8.🔍 Which is the odd one out? (a) a toy robot (b) a party dress (c) a sticker album (d) bus fare to school
9. 9.🛒 Need or want: medicine when ill? (a) a want (b) a need
10. 10.Which of these is a want? (a) a fancy phone cover (b) school shoes (c) medicine when ill (d) rice and dal
11. 11.True or false: “drinking water” is a want. (a) False (b) True
12. 12.🛒 Need or want: school shoes? (a) a need (b) a want
13. 13.True or false: “a third pair of shoes” is a need. (a) True (b) False
14. 14.🛒 Need or want: bus fare to school? (a) a want (b) a need
15. 15.🔍 Which is the odd one out? (a) a fancy phone cover (b) a school uniform (c) designer sunglasses (d) a party dress
16. 16.True or false: “drinking water” is a need. (a) False (b) True
17. 17.🍱 A tiffin service mostly meets which? (a) nothing at all (b) a need: food (c) a want: games (d) a want: toys
18. 18.🔍 Which is the odd one out? (a) a school uniform (b) notebooks for school (c) school shoes (d) a party dress
19. 19.🔍 Which is the odd one out? (a) a third pair of shoes (b) a warm blanket (c) sweets every day (d) designer sunglasses
20. 20.🔍 Which is the odd one out? (a) a party dress (b) medicine when ill (c) a toy robot (d) a video game
21. 21.True or false: “a fancy phone cover” is a need. (a) True (b) False
22. 22.🔍 Which is the odd one out? (a) bus fare to school (b) drinking water (c) a bigger TV (d) rice and dal
23. 23.Which of these is a want? (a) medicine when ill (b) a video game (c) a roof over your head (d) drinking water
24. 24.Which of these is a want? (a) a toy robot (b) a school uniform (c) bus fare to school (d) a warm blanket
25. 25.🔍 Which is the odd one out? (a) a school uniform (b) soap (c) a sticker album (d) bus fare to school
26. 26.Which of these is a need? (a) school shoes (b) designer sunglasses (c) a video game (d) a third pair of shoes
27. 27.🛒 Need or want: drinking water? (a) a want (b) a need
28. 28.❄️ On a cold winter morning, which stall would most people want? (a) water guns (b) hot drinks (c) ice lollies (d) paper fans
29. 29.Which of these is a need? (a) drinking water (b) sweets every day (c) a fancy phone cover (d) a toy robot
30. 30.🛒 Need or want: soap? (a) a need (b) a want
31. 31.Which of these is a need? (a) medicine when ill (b) designer sunglasses (c) a toy robot (d) a bigger TV
32. 32.🛒 Need or want: a party dress? (a) a want (b) a need
33. 33.🔍 Which is the odd one out? (a) drinking water (b) a school uniform (c) a glitter pen set (d) a warm blanket
34. 34.True or false: “a third pair of shoes” is a want. (a) True (b) False
35. 35.🛒 Need or want: a roof over your head? (a) a need (b) a want
36. 36.🎯 A want can still be a good business when… (a) many people want it (b) it breaks the rules (c) it is not safe (d) nobody likes it
37. 37.Which of these is a need? (a) designer sunglasses (b) sweets every day (c) a roof over your head (d) a video game
38. 38.Which of these is a need? (a) a fancy phone cover (b) designer sunglasses (c) a toy robot (d) a school uniform
39. 39.True or false: “a warm blanket” is a need. (a) False (b) True
40. 40.💡 A need is something… (a) nice but not needed (b) we must have to live (c) made of plastic (d) only rich people buy

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