Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 821 · 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 most fun thing (b) the needs (c) the wants (d) the costliest thing
2. 2.True or false: “soap” is a want. (a) False (b) True
3. 3.Which of these is a need? (a) a school uniform (b) a fancy phone cover (c) a video game (d) a toy robot
4. 4.🛒 Need or want: drinking water? (a) a want (b) a need
5. 5.🛒 Need or want: a sticker album? (a) a want (b) a need
6. 6.True or false: “a glitter pen set” is a need. (a) True (b) False
7. 7.Which of these is a want? (a) drinking water (b) sweets every day (c) school shoes (d) rice and dal
8. 8.🔍 Which is the odd one out? (a) a school uniform (b) a toy robot (c) sweets every day (d) a sticker album
9. 9.Which of these is a want? (a) school shoes (b) drinking water (c) a glitter pen set (d) a school uniform
10. 10.💡 A need is something… (a) only rich people buy (b) we must have to live (c) made of plastic (d) nice but not needed
11. 11.Which of these is a need? (a) sweets every day (b) bus fare to school (c) a glitter pen set (d) a sticker album
12. 12.🔍 Which is the odd one out? (a) a party dress (b) soap (c) school shoes (d) medicine when ill
13. 13.🛍️ Why do businesses that meet needs often sell all year? (a) people always need them (b) needs are always free (c) nobody buys needs (d) needs are toys
14. 14.🔍 Which is the odd one out? (a) bus fare to school (b) notebooks for school (c) a fancy phone cover (d) a school uniform
15. 15.🔍 Which is the odd one out? (a) rice and dal (b) medicine when ill (c) designer sunglasses (d) drinking water
16. 16.🛒 Need or want: sweets every day? (a) a need (b) a want
17. 17.True or false: “rice and dal” is a want. (a) False (b) True
18. 18.🔍 Which is the odd one out? (a) soap (b) a toy robot (c) a glitter pen set (d) a video game
19. 19.🔍 Which is the odd one out? (a) medicine when ill (b) a bigger TV (c) bus fare to school (d) notebooks for school
20. 20.🔍 Which is the odd one out? (a) a warm blanket (b) a video game (c) designer sunglasses (d) sweets every day
21. 21.True or false: “a glitter pen set” is a want. (a) False (b) True
22. 22.True or false: “sweets every day” is a need. (a) False (b) True
23. 23.Which of these is a want? (a) school shoes (b) rice and dal (c) a sticker album (d) a warm blanket
24. 24.Which of these is a want? (a) rice and dal (b) school shoes (c) notebooks for school (d) a bigger TV
25. 25.Which of these is a need? (a) school shoes (b) a video game (c) a party dress (d) sweets every day
26. 26.🔍 Which is the odd one out? (a) designer sunglasses (b) a video game (c) a roof over your head (d) sweets every day
27. 27.🔍 Which is the odd one out? (a) a third pair of shoes (b) a video game (c) a fancy phone cover (d) drinking water
28. 28.🛒 Need or want: a video game? (a) a need (b) a want
29. 29.🛒 Need or want: medicine when ill? (a) a want (b) a need
30. 30.🔍 Which is the odd one out? (a) rice and dal (b) a school uniform (c) a sticker album (d) medicine when ill
31. 31.🔍 Which is the odd one out? (a) soap (b) bus fare to school (c) a warm blanket (d) sweets every day
32. 32.Which of these is a want? (a) a school uniform (b) designer sunglasses (c) soap (d) notebooks for school
33. 33.🛒 Need or want: bus fare to school? (a) a want (b) a need
34. 34.🛒 Need or want: a third pair of shoes? (a) a want (b) a need
35. 35.🍱 A tiffin service mostly meets which? (a) a want: toys (b) a need: food (c) nothing at all (d) a want: games
36. 36.🛒 Need or want: a bigger TV? (a) a need (b) a want
37. 37.True or false: “bus fare to school” is a need. (a) False (b) True
38. 38.Which of these is a need? (a) soap (b) a toy robot (c) designer sunglasses (d) a video game
39. 39.True or false: “drinking water” is a need. (a) False (b) True
40. 40.🔍 Which is the odd one out? (a) designer sunglasses (b) bus fare to school (c) a bigger TV (d) a video game

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