Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 696 · 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 most fun thing (c) the needs (d) the wants
2. 2.Which of these is a need? (a) medicine when ill (b) a third pair of shoes (c) a party dress (d) designer sunglasses
3. 3.🛒 Need or want: a toy robot? (a) a want (b) a need
4. 4.Which of these is a want? (a) drinking water (b) a roof over your head (c) a toy robot (d) a warm blanket
5. 5.🛒 Need or want: a school uniform? (a) a want (b) a need
6. 6.Which of these is a need? (a) a fancy phone cover (b) a sticker album (c) drinking water (d) a third pair of shoes
7. 7.🔍 Which is the odd one out? (a) a toy robot (b) a glitter pen set (c) a third pair of shoes (d) a roof over your head
8. 8.🔍 Which is the odd one out? (a) bus fare to school (b) a school uniform (c) a third pair of shoes (d) a warm blanket
9. 9.Which of these is a want? (a) a roof over your head (b) drinking water (c) a party dress (d) soap
10. 10.🛒 Need or want: a fancy phone cover? (a) a need (b) a want
11. 11.🔍 Which is the odd one out? (a) a school uniform (b) rice and dal (c) a roof over your head (d) a video game
12. 12.🔍 Which is the odd one out? (a) notebooks for school (b) drinking water (c) sweets every day (d) a roof over your head
13. 13.🔍 Which is the odd one out? (a) a school uniform (b) designer sunglasses (c) medicine when ill (d) notebooks for school
14. 14.☔ In the monsoon, which would sell best at a school gate? (a) ice lollies (b) umbrellas and raincoats (c) paper kites (d) woollen sweaters
15. 15.Which of these is a want? (a) a roof over your head (b) bus fare to school (c) soap (d) a glitter pen set
16. 16.🔍 Which is the odd one out? (a) medicine when ill (b) drinking water (c) soap (d) a glitter pen set
17. 17.🔍 Which is the odd one out? (a) a fancy phone cover (b) school shoes (c) medicine when ill (d) soap
18. 18.True or false: “a third pair of shoes” is a need. (a) False (b) True
19. 19.🛍️ Why do businesses that meet needs often sell all year? (a) needs are always free (b) needs are toys (c) people always need them (d) nobody buys needs
20. 20.🛒 Need or want: rice and dal? (a) a want (b) a need
21. 21.🎯 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
22. 22.❄️ On a cold winter morning, which stall would most people want? (a) hot drinks (b) water guns (c) ice lollies (d) paper fans
23. 23.Which of these is a want? (a) a roof over your head (b) rice and dal (c) medicine when ill (d) a fancy phone cover
24. 24.Which of these is a need? (a) a bigger TV (b) bus fare to school (c) designer sunglasses (d) a fancy phone cover
25. 25.Which of these is a need? (a) a glitter pen set (b) a toy robot (c) a roof over your head (d) a party dress
26. 26.True or false: “a toy robot” is a want. (a) False (b) True
27. 27.True or false: “a roof over your head” is a need. (a) False (b) True
28. 28.🔍 Which is the odd one out? (a) a video game (b) a third pair of shoes (c) a toy robot (d) drinking water
29. 29.🛒 Need or want: designer sunglasses? (a) a want (b) a need
30. 30.Which of these is a need? (a) designer sunglasses (b) a bigger TV (c) school shoes (d) a fancy phone cover
31. 31.True or false: “a sticker album” is a need. (a) False (b) True
32. 32.Which of these is a want? (a) medicine when ill (b) notebooks for school (c) a school uniform (d) a bigger TV
33. 33.Which of these is a want? (a) a roof over your head (b) medicine when ill (c) a video game (d) notebooks for school
34. 34.🔍 Which is the odd one out? (a) bus fare to school (b) a school uniform (c) school shoes (d) a sticker album
35. 35.🍱 A tiffin service mostly meets which? (a) nothing at all (b) a want: games (c) a want: toys (d) a need: food
36. 36.🔍 Which is the odd one out? (a) drinking water (b) a bigger TV (c) rice and dal (d) school shoes
37. 37.💡 A need is something… (a) we must have to live (b) made of plastic (c) only rich people buy (d) nice but not needed
38. 38.🔍 Which is the odd one out? (a) a toy robot (b) bus fare to school (c) soap (d) a warm blanket
39. 39.True or false: “medicine when ill” is a need. (a) True (b) False
40. 40.🛒 Need or want: a bigger TV? (a) a want (b) a need

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