Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 783 · 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) a toy robot (b) bus fare to school (c) a party dress (d) sweets every day
2. 2.True or false: “soap” is a want. (a) False (b) True
3. 3.🛒 Need or want: a fancy phone cover? (a) a need (b) a want
4. 4.True or false: “a toy robot” is a need. (a) True (b) False
5. 5.Which of these is a need? (a) a bigger TV (b) a sticker album (c) drinking water (d) a toy robot
6. 6.True or false: “bus fare to school” is a need. (a) True (b) False
7. 7.❄️ On a cold winter morning, which stall would most people want? (a) ice lollies (b) water guns (c) hot drinks (d) paper fans
8. 8.Which of these is a need? (a) designer sunglasses (b) a fancy phone cover (c) rice and dal (d) a toy robot
9. 9.Which of these is a need? (a) a toy robot (b) sweets every day (c) a video game (d) a roof over your head
10. 10.🔍 Which is the odd one out? (a) sweets every day (b) a roof over your head (c) a video game (d) a fancy phone cover
11. 11.True or false: “a party dress” is a need. (a) False (b) True
12. 12.🍱 A tiffin service mostly meets which? (a) a want: games (b) a want: toys (c) nothing at all (d) a need: food
13. 13.True or false: “a roof over your head” is a need. (a) False (b) True
14. 14.🎯 A want can still be a good business when… (a) it breaks the rules (b) many people want it (c) nobody likes it (d) it is not safe
15. 15.🛒 Need or want: a toy robot? (a) a want (b) a need
16. 16.Which of these is a need? (a) a sticker album (b) sweets every day (c) school shoes (d) a fancy phone cover
17. 17.🛒 Need or want: a sticker album? (a) a need (b) a want
18. 18.🛒 Need or want: school shoes? (a) a want (b) a need
19. 19.Which of these is a want? (a) bus fare to school (b) rice and dal (c) a warm blanket (d) a video game
20. 20.🔍 Which is the odd one out? (a) a glitter pen set (b) a school uniform (c) school shoes (d) rice and dal
21. 21.💡 A need is something… (a) made of plastic (b) nice but not needed (c) we must have to live (d) only rich people buy
22. 22.Which of these is a need? (a) designer sunglasses (b) a fancy phone cover (c) notebooks for school (d) a sticker album
23. 23.Which of these is a need? (a) a party dress (b) bus fare to school (c) a sticker album (d) a video game
24. 24.🛒 Need or want: bus fare to school? (a) a want (b) a need
25. 25.Which of these is a want? (a) bus fare to school (b) designer sunglasses (c) drinking water (d) a school uniform
26. 26.True or false: “a glitter pen set” is a need. (a) False (b) True
27. 27.🔍 Which is the odd one out? (a) a party dress (b) a roof over your head (c) rice and dal (d) a warm blanket
28. 28.Which of these is a need? (a) a third pair of shoes (b) a video game (c) a toy robot (d) medicine when ill
29. 29.Which of these is a want? (a) medicine when ill (b) a warm blanket (c) a bigger TV (d) drinking water
30. 30.🛒 Need or want: rice and dal? (a) a need (b) a want
31. 31.True or false: “sweets every day” is a need. (a) True (b) False
32. 32.🔍 Which is the odd one out? (a) a glitter pen set (b) a warm blanket (c) a fancy phone cover (d) a third pair of shoes
33. 33.🛒 Need or want: a glitter pen set? (a) a need (b) a want
34. 34.🔍 Which is the odd one out? (a) a toy robot (b) a video game (c) notebooks for school (d) a sticker album
35. 35.🔍 Which is the odd one out? (a) medicine when ill (b) a fancy phone cover (c) a party dress (d) sweets every day
36. 36.True or false: “drinking water” is a need. (a) False (b) True
37. 37.🔍 Which is the odd one out? (a) a bigger TV (b) a roof over your head (c) medicine when ill (d) drinking water
38. 38.Which of these is a need? (a) sweets every day (b) a warm blanket (c) a bigger TV (d) a toy robot
39. 39.🛍️ Why do businesses that meet needs often sell all year? (a) needs are always free (b) people always need them (c) nobody buys needs (d) needs are toys
40. 40.🛒 A family has little money. What should it buy first? (a) the wants (b) the most fun thing (c) the costliest thing (d) the needs

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