Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 85 · 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) medicine when ill (b) sweets every day (c) soap (d) notebooks for school
2. 2.Which of these is a need? (a) a third pair of shoes (b) a party dress (c) a warm blanket (d) a toy robot
3. 3.True or false: “a bigger TV” is a need. (a) False (b) True
4. 4.❄️ On a cold winter morning, which stall would most people want? (a) water guns (b) ice lollies (c) hot drinks (d) paper fans
5. 5.🛒 A family has little money. What should it buy first? (a) the wants (b) the costliest thing (c) the needs (d) the most fun thing
6. 6.🔍 Which is the odd one out? (a) a video game (b) designer sunglasses (c) drinking water (d) a fancy phone cover
7. 7.🍱 A tiffin service mostly meets which? (a) a want: toys (b) nothing at all (c) a need: food (d) a want: games
8. 8.🔍 Which is the odd one out? (a) bus fare to school (b) school shoes (c) notebooks for school (d) a sticker album
9. 9.🛒 Need or want: a video game? (a) a need (b) a want
10. 10.True or false: “school shoes” is a want. (a) True (b) False
11. 11.True or false: “a toy robot” is a need. (a) True (b) False
12. 12.Which of these is a need? (a) designer sunglasses (b) notebooks for school (c) a video game (d) sweets every day
13. 13.🛒 Need or want: a third pair of shoes? (a) a want (b) a need
14. 14.🛒 Need or want: a party dress? (a) a want (b) a need
15. 15.True or false: “a toy robot” is a want. (a) True (b) False
16. 16.🛒 Need or want: a sticker album? (a) a need (b) a want
17. 17.🛒 Need or want: rice and dal? (a) a need (b) a want
18. 18.🔍 Which is the odd one out? (a) designer sunglasses (b) medicine when ill (c) notebooks for school (d) a warm blanket
19. 19.Which of these is a want? (a) notebooks for school (b) bus fare to school (c) a roof over your head (d) a sticker album
20. 20.🔍 Which is the odd one out? (a) drinking water (b) a toy robot (c) bus fare to school (d) a warm blanket
21. 21.True or false: “notebooks for school” is a want. (a) True (b) False
22. 22.True or false: “a roof over your head” is a want. (a) False (b) True
23. 23.True or false: “sweets every day” is a want. (a) True (b) False
24. 24.☔ In the monsoon, which would sell best at a school gate? (a) paper kites (b) ice lollies (c) umbrellas and raincoats (d) woollen sweaters
25. 25.🔍 Which is the odd one out? (a) sweets every day (b) a video game (c) rice and dal (d) a third pair of shoes
26. 26.True or false: “a fancy phone cover” is a want. (a) True (b) False
27. 27.🔍 Which is the odd one out? (a) bus fare to school (b) medicine when ill (c) a bigger TV (d) rice and dal
28. 28.🛒 Need or want: school shoes? (a) a want (b) a need
29. 29.🛒 Need or want: a warm blanket? (a) a need (b) a want
30. 30.💡 A need is something… (a) made of plastic (b) we must have to live (c) nice but not needed (d) only rich people buy
31. 31.🔍 Which is the odd one out? (a) soap (b) a party dress (c) sweets every day (d) a toy robot
32. 32.Which of these is a want? (a) rice and dal (b) a roof over your head (c) drinking water (d) designer sunglasses
33. 33.🛍️ Why do businesses that meet needs often sell all year? (a) nobody buys needs (b) needs are always free (c) people always need them (d) needs are toys
34. 34.🛒 Need or want: sweets every day? (a) a want (b) a need
35. 35.🔍 Which is the odd one out? (a) a glitter pen set (b) a sticker album (c) a fancy phone cover (d) bus fare to school
36. 36.🔍 Which is the odd one out? (a) a sticker album (b) a fancy phone cover (c) a video game (d) medicine when ill
37. 37.True or false: “rice and dal” is a need. (a) True (b) False
38. 38.🔍 Which is the odd one out? (a) notebooks for school (b) a fancy phone cover (c) a toy robot (d) designer sunglasses
39. 39.Which of these is a want? (a) soap (b) a school uniform (c) sweets every day (d) a warm blanket
40. 40.🛒 Need or want: bus fare to school? (a) a want (b) a need

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