Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 7 · 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 fancy phone cover (b) a party dress (c) soap (d) a video game
2. 2.🔍 Which is the odd one out? (a) drinking water (b) medicine when ill (c) a sticker album (d) a roof over your head
3. 3.True or false: “a fancy phone cover” is a want. (a) True (b) False
4. 4.True or false: “a roof over your head” is a want. (a) True (b) False
5. 5.💡 A need is something… (a) nice but not needed (b) made of plastic (c) we must have to live (d) only rich people buy
6. 6.True or false: “soap” is a want. (a) False (b) True
7. 7.🛒 Need or want: a third pair of shoes? (a) a want (b) a need
8. 8.🔍 Which is the odd one out? (a) soap (b) rice and dal (c) a school uniform (d) a third pair of shoes
9. 9.❄️ On a cold winter morning, which stall would most people want? (a) paper fans (b) water guns (c) hot drinks (d) ice lollies
10. 10.🔍 Which is the odd one out? (a) a video game (b) bus fare to school (c) medicine when ill (d) rice and dal
11. 11.☔ In the monsoon, which would sell best at a school gate? (a) paper kites (b) ice lollies (c) umbrellas and raincoats (d) woollen sweaters
12. 12.🛒 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
13. 13.Which of these is a want? (a) medicine when ill (b) sweets every day (c) school shoes (d) a school uniform
14. 14.True or false: “a glitter pen set” is a want. (a) False (b) True
15. 15.🔍 Which is the odd one out? (a) a warm blanket (b) a roof over your head (c) a fancy phone cover (d) school shoes
16. 16.🛒 Need or want: sweets every day? (a) a need (b) a want
17. 17.🛒 Need or want: a bigger TV? (a) a need (b) a want
18. 18.🛒 Need or want: rice and dal? (a) a want (b) a need
19. 19.True or false: “a toy robot” is a want. (a) False (b) True
20. 20.Which of these is a need? (a) a fancy phone cover (b) a roof over your head (c) a third pair of shoes (d) a glitter pen set
21. 21.Which of these is a need? (a) a third pair of shoes (b) rice and dal (c) designer sunglasses (d) sweets every day
22. 22.🛒 Need or want: bus fare to school? (a) a want (b) a need
23. 23.Which of these is a want? (a) a roof over your head (b) notebooks for school (c) a third pair of shoes (d) soap
24. 24.🔍 Which is the odd one out? (a) a school uniform (b) school shoes (c) drinking water (d) a party dress
25. 25.🔍 Which is the odd one out? (a) sweets every day (b) a glitter pen set (c) a sticker album (d) a warm blanket
26. 26.🔍 Which is the odd one out? (a) a video game (b) a roof over your head (c) a third pair of shoes (d) a toy robot
27. 27.🛒 Need or want: medicine when ill? (a) a want (b) a need
28. 28.🔍 Which is the odd one out? (a) a third pair of shoes (b) a fancy phone cover (c) a bigger TV (d) notebooks for school
29. 29.🔍 Which is the odd one out? (a) bus fare to school (b) a glitter pen set (c) medicine when ill (d) rice and dal
30. 30.🔍 Which is the odd one out? (a) a video game (b) a glitter pen set (c) a bigger TV (d) drinking water
31. 31.🛒 Need or want: a sticker album? (a) a need (b) a want
32. 32.🔍 Which is the odd one out? (a) a warm blanket (b) soap (c) a school uniform (d) a bigger TV
33. 33.Which of these is a need? (a) a third pair of shoes (b) a party dress (c) notebooks for school (d) designer sunglasses
34. 34.True or false: “a warm blanket” is a need. (a) True (b) False
35. 35.🔍 Which is the odd one out? (a) a party dress (b) designer sunglasses (c) school shoes (d) a glitter pen set
36. 36.True or false: “school shoes” is a need. (a) False (b) True
37. 37.🛒 Need or want: a fancy phone cover? (a) a want (b) a need
38. 38.Which of these is a need? (a) designer sunglasses (b) a bigger TV (c) a glitter pen set (d) a warm blanket
39. 39.🔍 Which is the odd one out? (a) bus fare to school (b) drinking water (c) soap (d) designer sunglasses
40. 40.Which of these is a want? (a) notebooks for school (b) school shoes (c) designer sunglasses (d) medicine when ill

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