Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 973 · 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 need is something… (a) nice but not needed (b) we must have to live (c) made of plastic (d) only rich people buy
2. 2.🔍 Which is the odd one out? (a) rice and dal (b) a warm blanket (c) school shoes (d) a fancy phone cover
3. 3.🛍️ Why do businesses that meet needs often sell all year? (a) needs are always free (b) needs are toys (c) people always need them (d) nobody buys needs
4. 4.True or false: “rice and dal” is a need. (a) True (b) False
5. 5.🎯 A want can still be a good business when… (a) it is not safe (b) nobody likes it (c) it breaks the rules (d) many people want it
6. 6.True or false: “a fancy phone cover” is a want. (a) False (b) True
7. 7.🔍 Which is the odd one out? (a) notebooks for school (b) school shoes (c) a warm blanket (d) a party dress
8. 8.True or false: “a school uniform” is a need. (a) True (b) False
9. 9.True or false: “bus fare to school” is a want. (a) True (b) False
10. 10.🔍 Which is the odd one out? (a) a video game (b) a sticker album (c) medicine when ill (d) a party dress
11. 11.🛒 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
12. 12.Which of these is a need? (a) sweets every day (b) a toy robot (c) a sticker album (d) medicine when ill
13. 13.🛒 Need or want: a school uniform? (a) a want (b) a need
14. 14.🍱 A tiffin service mostly meets which? (a) a need: food (b) a want: toys (c) a want: games (d) nothing at all
15. 15.True or false: “a warm blanket” is a need. (a) True (b) False
16. 16.🛒 Need or want: school shoes? (a) a need (b) a want
17. 17.Which of these is a need? (a) a roof over your head (b) a party dress (c) a fancy phone cover (d) a video game
18. 18.🔍 Which is the odd one out? (a) a warm blanket (b) sweets every day (c) soap (d) a roof over your head
19. 19.Which of these is a need? (a) a party dress (b) a video game (c) a third pair of shoes (d) soap
20. 20.🛒 Need or want: soap? (a) a want (b) a need
21. 21.True or false: “a party dress” is a want. (a) True (b) False
22. 22.Which of these is a need? (a) a fancy phone cover (b) a glitter pen set (c) school shoes (d) a party dress
23. 23.Which of these is a need? (a) a sticker album (b) a video game (c) a bigger TV (d) a warm blanket
24. 24.🛒 Need or want: drinking water? (a) a want (b) a need
25. 25.🛒 Need or want: a roof over your head? (a) a need (b) a want
26. 26.🔍 Which is the odd one out? (a) a third pair of shoes (b) a toy robot (c) a video game (d) bus fare to school
27. 27.🛒 Need or want: a warm blanket? (a) a want (b) a need
28. 28.True or false: “a roof over your head” is a want. (a) True (b) False
29. 29.🛒 Need or want: a fancy phone cover? (a) a need (b) a want
30. 30.❄️ On a cold winter morning, which stall would most people want? (a) ice lollies (b) water guns (c) hot drinks (d) paper fans
31. 31.🔍 Which is the odd one out? (a) medicine when ill (b) a toy robot (c) drinking water (d) rice and dal
32. 32.🔍 Which is the odd one out? (a) a warm blanket (b) rice and dal (c) soap (d) a glitter pen set
33. 33.🛒 Need or want: medicine when ill? (a) a need (b) a want
34. 34.🛒 Need or want: a sticker album? (a) a want (b) a need
35. 35.Which of these is a need? (a) a sticker album (b) a toy robot (c) drinking water (d) a glitter pen set
36. 36.Which of these is a want? (a) a third pair of shoes (b) a roof over your head (c) a school uniform (d) a warm blanket
37. 37.🛒 Need or want: rice and dal? (a) a want (b) a need
38. 38.Which of these is a want? (a) a toy robot (b) a roof over your head (c) drinking water (d) soap
39. 39.🛒 Need or want: a bigger TV? (a) a need (b) a want
40. 40.True or false: “a school uniform” is a want. (a) True (b) False

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