Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 90 · 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 third pair of shoes (b) a fancy phone cover (c) medicine when ill (d) a glitter pen set
2. 2.🍱 A tiffin service mostly meets which? (a) a want: games (b) a want: toys (c) a need: food (d) nothing at all
3. 3.True or false: “school shoes” is a need. (a) False (b) True
4. 4.🔍 Which is the odd one out? (a) a fancy phone cover (b) medicine when ill (c) a school uniform (d) rice and dal
5. 5.True or false: “drinking water” is a want. (a) False (b) True
6. 6.🛒 Need or want: a toy robot? (a) a want (b) a need
7. 7.🔍 Which is the odd one out? (a) a video game (b) sweets every day (c) a warm blanket (d) a fancy phone cover
8. 8.🛒 Need or want: a third pair of shoes? (a) a want (b) a need
9. 9.🛒 Need or want: a party dress? (a) a need (b) a want
10. 10.🎯 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
11. 11.🛒 Need or want: rice and dal? (a) a want (b) a need
12. 12.Which of these is a need? (a) a video game (b) a party dress (c) a fancy phone cover (d) school shoes
13. 13.Which of these is a want? (a) a roof over your head (b) a fancy phone cover (c) soap (d) drinking water
14. 14.🔍 Which is the odd one out? (a) rice and dal (b) a glitter pen set (c) a warm blanket (d) a school uniform
15. 15.🛒 Need or want: medicine when ill? (a) a need (b) a want
16. 16.Which of these is a need? (a) sweets every day (b) designer sunglasses (c) a warm blanket (d) a toy robot
17. 17.Which of these is a want? (a) soap (b) a roof over your head (c) bus fare to school (d) a video game
18. 18.Which of these is a need? (a) a bigger TV (b) soap (c) a glitter pen set (d) sweets every day
19. 19.True or false: “a sticker album” is a need. (a) True (b) False
20. 20.❄️ On a cold winter morning, which stall would most people want? (a) paper fans (b) water guns (c) hot drinks (d) ice lollies
21. 21.🛒 Need or want: bus fare to school? (a) a want (b) a need
22. 22.🔍 Which is the odd one out? (a) school shoes (b) a roof over your head (c) a school uniform (d) a video game
23. 23.🔍 Which is the odd one out? (a) a warm blanket (b) a roof over your head (c) notebooks for school (d) a sticker album
24. 24.Which of these is a need? (a) a party dress (b) a fancy phone cover (c) medicine when ill (d) a bigger TV
25. 25.True or false: “a fancy phone cover” is a want. (a) True (b) False
26. 26.🛒 A family has little money. What should it buy first? (a) the needs (b) the wants (c) the most fun thing (d) the costliest thing
27. 27.True or false: “bus fare to school” is a want. (a) False (b) True
28. 28.True or false: “drinking water” is a need. (a) False (b) True
29. 29.True or false: “designer sunglasses” is a need. (a) False (b) True
30. 30.💡 A need is something… (a) nice but not needed (b) only rich people buy (c) we must have to live (d) made of plastic
31. 31.🛒 Need or want: soap? (a) a want (b) a need
32. 32.True or false: “a fancy phone cover” is a need. (a) False (b) True
33. 33.True or false: “designer sunglasses” is a want. (a) False (b) True
34. 34.Which of these is a want? (a) soap (b) drinking water (c) a toy robot (d) bus fare to school
35. 35.Which of these is a need? (a) a party dress (b) a sticker album (c) notebooks for school (d) a third pair of shoes
36. 36.🛒 Need or want: sweets every day? (a) a want (b) a need
37. 37.🛒 Need or want: a bigger TV? (a) a need (b) a want
38. 38.True or false: “a toy robot” is a need. (a) True (b) False
39. 39.🔍 Which is the odd one out? (a) bus fare to school (b) a warm blanket (c) rice and dal (d) designer sunglasses
40. 40.☔ In the monsoon, which would sell best at a school gate? (a) paper kites (b) woollen sweaters (c) ice lollies (d) umbrellas and raincoats

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