Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 822 · 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 costliest thing (d) the wants
2. 2.Which of these is a want? (a) a toy robot (b) a roof over your head (c) notebooks for school (d) soap
3. 3.🛒 Need or want: a bigger TV? (a) a need (b) a want
4. 4.🛒 Need or want: drinking water? (a) a need (b) a want
5. 5.Which of these is a want? (a) school shoes (b) a bigger TV (c) a warm blanket (d) soap
6. 6.🛒 Need or want: a video game? (a) a want (b) a need
7. 7.🔍 Which is the odd one out? (a) sweets every day (b) a warm blanket (c) a toy robot (d) a third pair of shoes
8. 8.☔ In the monsoon, which would sell best at a school gate? (a) paper kites (b) umbrellas and raincoats (c) ice lollies (d) woollen sweaters
9. 9.💡 A need is something… (a) we must have to live (b) only rich people buy (c) nice but not needed (d) made of plastic
10. 10.True or false: “school shoes” is a want. (a) False (b) True
11. 11.🔍 Which is the odd one out? (a) a fancy phone cover (b) a glitter pen set (c) a toy robot (d) drinking water
12. 12.Which of these is a need? (a) sweets every day (b) designer sunglasses (c) a fancy phone cover (d) soap
13. 13.True or false: “drinking water” is a want. (a) True (b) False
14. 14.🛒 Need or want: a warm blanket? (a) a need (b) a want
15. 15.True or false: “a video game” is a need. (a) False (b) True
16. 16.Which of these is a need? (a) a video game (b) designer sunglasses (c) a warm blanket (d) sweets every day
17. 17.❄️ On a cold winter morning, which stall would most people want? (a) paper fans (b) hot drinks (c) water guns (d) ice lollies
18. 18.Which of these is a want? (a) bus fare to school (b) drinking water (c) notebooks for school (d) a glitter pen set
19. 19.🛒 Need or want: a toy robot? (a) a want (b) a need
20. 20.🎯 A want can still be a good business when… (a) it breaks the rules (b) it is not safe (c) many people want it (d) nobody likes it
21. 21.True or false: “a glitter pen set” is a need. (a) True (b) False
22. 22.🛒 Need or want: a roof over your head? (a) a want (b) a need
23. 23.True or false: “soap” is a need. (a) False (b) True
24. 24.🔍 Which is the odd one out? (a) notebooks for school (b) a roof over your head (c) a bigger TV (d) school shoes
25. 25.🔍 Which is the odd one out? (a) a video game (b) a sticker album (c) a roof over your head (d) a party dress
26. 26.True or false: “a glitter pen set” is a want. (a) True (b) False
27. 27.🛒 Need or want: soap? (a) a need (b) a want
28. 28.🛒 Need or want: designer sunglasses? (a) a need (b) a want
29. 29.Which of these is a need? (a) sweets every day (b) a glitter pen set (c) notebooks for school (d) designer sunglasses
30. 30.🍱 A tiffin service mostly meets which? (a) a need: food (b) nothing at all (c) a want: toys (d) a want: games
31. 31.🔍 Which is the odd one out? (a) a toy robot (b) soap (c) a video game (d) a fancy phone cover
32. 32.🛒 Need or want: medicine when ill? (a) a want (b) a need
33. 33.True or false: “a third pair of shoes” is a need. (a) False (b) True
34. 34.Which of these is a want? (a) school shoes (b) a fancy phone cover (c) soap (d) bus fare to school
35. 35.🔍 Which is the odd one out? (a) a toy robot (b) a warm blanket (c) bus fare to school (d) drinking water
36. 36.Which of these is a want? (a) school shoes (b) a warm blanket (c) designer sunglasses (d) medicine when ill
37. 37.🛒 Need or want: rice and dal? (a) a want (b) a need
38. 38.🔍 Which is the odd one out? (a) notebooks for school (b) a party dress (c) a toy robot (d) a bigger TV
39. 39.🛒 Need or want: a third pair of shoes? (a) a need (b) a want
40. 40.True or false: “medicine when ill” is a need. (a) False (b) True

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