Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 887 · 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.True or false: “designer sunglasses” is a want. (a) False (b) True
2. 2.Which of these is a need? (a) a toy robot (b) a fancy phone cover (c) designer sunglasses (d) medicine when ill
3. 3.Which of these is a need? (a) a toy robot (b) drinking water (c) a video game (d) a fancy phone cover
4. 4.💡 A need is something… (a) nice but not needed (b) we must have to live (c) made of plastic (d) only rich people buy
5. 5.Which of these is a want? (a) a roof over your head (b) school shoes (c) designer sunglasses (d) a warm blanket
6. 6.True or false: “a toy robot” is a need. (a) False (b) True
7. 7.🔍 Which is the odd one out? (a) a school uniform (b) a glitter pen set (c) a bigger TV (d) a video game
8. 8.🔍 Which is the odd one out? (a) designer sunglasses (b) a fancy phone cover (c) drinking water (d) a video game
9. 9.🔍 Which is the odd one out? (a) soap (b) a sticker album (c) notebooks for school (d) drinking water
10. 10.Which of these is a want? (a) a roof over your head (b) a fancy phone cover (c) a warm blanket (d) drinking water
11. 11.🛒 A family has little money. What should it buy first? (a) the wants (b) the most fun thing (c) the needs (d) the costliest thing
12. 12.🛒 Need or want: a bigger TV? (a) a need (b) a want
13. 13.❄️ On a cold winter morning, which stall would most people want? (a) ice lollies (b) water guns (c) hot drinks (d) paper fans
14. 14.True or false: “notebooks for school” is a need. (a) True (b) False
15. 15.🛒 Need or want: a party dress? (a) a want (b) a need
16. 16.🔍 Which is the odd one out? (a) a roof over your head (b) rice and dal (c) a glitter pen set (d) soap
17. 17.🛒 Need or want: a glitter pen set? (a) a need (b) a want
18. 18.🛒 Need or want: a roof over your head? (a) a need (b) a want
19. 19.🔍 Which is the odd one out? (a) notebooks for school (b) a bigger TV (c) designer sunglasses (d) a glitter pen set
20. 20.🛒 Need or want: sweets every day? (a) a need (b) a want
21. 21.🔍 Which is the odd one out? (a) a warm blanket (b) bus fare to school (c) a third pair of shoes (d) rice and dal
22. 22.🛒 Need or want: a school uniform? (a) a want (b) a need
23. 23.True or false: “medicine when ill” is a want. (a) False (b) True
24. 24.🔍 Which is the odd one out? (a) a glitter pen set (b) a fancy phone cover (c) a party dress (d) a roof over your head
25. 25.True or false: “drinking water” is a want. (a) False (b) True
26. 26.🛒 Need or want: a video game? (a) a want (b) a need
27. 27.Which of these is a want? (a) a warm blanket (b) rice and dal (c) a party dress (d) medicine when ill
28. 28.🍱 A tiffin service mostly meets which? (a) a want: toys (b) a want: games (c) nothing at all (d) a need: food
29. 29.🛒 Need or want: school shoes? (a) a want (b) a need
30. 30.True or false: “a third pair of shoes” is a want. (a) True (b) False
31. 31.🛒 Need or want: a fancy phone cover? (a) a need (b) a want
32. 32.True or false: “a video game” is a need. (a) True (b) False
33. 33.Which of these is a need? (a) a video game (b) a warm blanket (c) designer sunglasses (d) a third pair of shoes
34. 34.🔍 Which is the odd one out? (a) medicine when ill (b) sweets every day (c) a warm blanket (d) school shoes
35. 35.Which of these is a want? (a) notebooks for school (b) bus fare to school (c) a warm blanket (d) a third pair of shoes
36. 36.🔍 Which is the odd one out? (a) a fancy phone cover (b) a glitter pen set (c) designer sunglasses (d) school shoes
37. 37.Which of these is a want? (a) a roof over your head (b) rice and dal (c) a sticker album (d) drinking water
38. 38.🎯 A want can still be a good business when… (a) nobody likes it (b) it breaks the rules (c) it is not safe (d) many people want it
39. 39.🔍 Which is the odd one out? (a) rice and dal (b) bus fare to school (c) a warm blanket (d) a toy robot
40. 40.🛒 Need or want: designer sunglasses? (a) a need (b) a want

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