Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 915 · 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) soap (c) a glitter pen set (d) rice and dal
2. 2.🛒 A family has little money. What should it buy first? (a) the wants (b) the needs (c) the most fun thing (d) the costliest thing
3. 3.🛒 Need or want: designer sunglasses? (a) a need (b) a want
4. 4.🔍 Which is the odd one out? (a) a third pair of shoes (b) medicine when ill (c) notebooks for school (d) a roof over your head
5. 5.🔍 Which is the odd one out? (a) designer sunglasses (b) a third pair of shoes (c) a toy robot (d) a school uniform
6. 6.True or false: “drinking water” is a want. (a) True (b) False
7. 7.🍱 A tiffin service mostly meets which? (a) a want: games (b) nothing at all (c) a want: toys (d) a need: food
8. 8.Which of these is a need? (a) a third pair of shoes (b) a roof over your head (c) sweets every day (d) a party dress
9. 9.☔ In the monsoon, which would sell best at a school gate? (a) ice lollies (b) woollen sweaters (c) paper kites (d) umbrellas and raincoats
10. 10.🛒 Need or want: a glitter pen set? (a) a need (b) a want
11. 11.🛒 Need or want: rice and dal? (a) a need (b) a want
12. 12.🔍 Which is the odd one out? (a) a fancy phone cover (b) soap (c) rice and dal (d) a warm blanket
13. 13.🛒 Need or want: a party dress? (a) a need (b) a want
14. 14.🛍️ Why do businesses that meet needs often sell all year? (a) needs are always free (b) nobody buys needs (c) needs are toys (d) people always need them
15. 15.🛒 Need or want: a third pair of shoes? (a) a want (b) a need
16. 16.True or false: “a glitter pen set” is a need. (a) False (b) True
17. 17.❄️ On a cold winter morning, which stall would most people want? (a) ice lollies (b) paper fans (c) hot drinks (d) water guns
18. 18.Which of these is a want? (a) drinking water (b) a fancy phone cover (c) a warm blanket (d) notebooks for school
19. 19.🔍 Which is the odd one out? (a) a glitter pen set (b) a roof over your head (c) a toy robot (d) a third pair of shoes
20. 20.True or false: “sweets every day” is a want. (a) False (b) True
21. 21.Which of these is a need? (a) a video game (b) medicine when ill (c) a bigger TV (d) a third pair of shoes
22. 22.Which of these is a want? (a) school shoes (b) a party dress (c) rice and dal (d) soap
23. 23.🛒 Need or want: bus fare to school? (a) a need (b) a want
24. 24.🛒 Need or want: a fancy phone cover? (a) a want (b) a need
25. 25.🛒 Need or want: a video game? (a) a need (b) a want
26. 26.💡 A need is something… (a) nice but not needed (b) only rich people buy (c) made of plastic (d) we must have to live
27. 27.True or false: “drinking water” is a need. (a) True (b) False
28. 28.Which of these is a need? (a) school shoes (b) a sticker album (c) a third pair of shoes (d) a toy robot
29. 29.Which of these is a want? (a) a glitter pen set (b) rice and dal (c) soap (d) drinking water
30. 30.Which of these is a want? (a) school shoes (b) rice and dal (c) medicine when ill (d) a toy robot
31. 31.Which of these is a need? (a) a video game (b) a glitter pen set (c) drinking water (d) designer sunglasses
32. 32.🔍 Which is the odd one out? (a) sweets every day (b) designer sunglasses (c) a party dress (d) school shoes
33. 33.🛒 Need or want: a school uniform? (a) a need (b) a want
34. 34.🛒 Need or want: soap? (a) a need (b) a want
35. 35.🔍 Which is the odd one out? (a) a school uniform (b) bus fare to school (c) drinking water (d) a bigger TV
36. 36.🔍 Which is the odd one out? (a) a roof over your head (b) a warm blanket (c) designer sunglasses (d) school shoes
37. 37.🔍 Which is the odd one out? (a) drinking water (b) a warm blanket (c) medicine when ill (d) a video game
38. 38.True or false: “a third pair of shoes” is a want. (a) False (b) True
39. 39.True or false: “a third pair of shoes” is a need. (a) False (b) True
40. 40.🛒 Need or want: school shoes? (a) a want (b) a need

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