Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 994 · 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 family has little money. What should it buy first? (a) the needs (b) the wants (c) the most fun thing (d) the costliest thing
2. 2.🛒 Need or want: drinking water? (a) a want (b) a need
3. 3.💡 A need is something… (a) made of plastic (b) nice but not needed (c) only rich people buy (d) we must have to live
4. 4.🔍 Which is the odd one out? (a) a sticker album (b) rice and dal (c) a warm blanket (d) drinking water
5. 5.🛒 Need or want: a party dress? (a) a want (b) a need
6. 6.True or false: “a school uniform” is a want. (a) False (b) True
7. 7.🛒 Need or want: bus fare to school? (a) a want (b) a need
8. 8.🔍 Which is the odd one out? (a) a warm blanket (b) a fancy phone cover (c) drinking water (d) soap
9. 9.🛒 Need or want: a video game? (a) a need (b) a want
10. 10.🔍 Which is the odd one out? (a) a party dress (b) soap (c) a fancy phone cover (d) a toy robot
11. 11.Which of these is a need? (a) medicine when ill (b) a video game (c) designer sunglasses (d) sweets every day
12. 12.🔍 Which is the odd one out? (a) designer sunglasses (b) bus fare to school (c) a bigger TV (d) a toy robot
13. 13.Which of these is a need? (a) designer sunglasses (b) a school uniform (c) a video game (d) a sticker album
14. 14.Which of these is a need? (a) notebooks for school (b) a fancy phone cover (c) sweets every day (d) a bigger TV
15. 15.Which of these is a want? (a) school shoes (b) notebooks for school (c) a party dress (d) bus fare to school
16. 16.Which of these is a want? (a) a school uniform (b) bus fare to school (c) a fancy phone cover (d) medicine when ill
17. 17.🍱 A tiffin service mostly meets which? (a) a want: games (b) a want: toys (c) nothing at all (d) a need: food
18. 18.🔍 Which is the odd one out? (a) soap (b) a video game (c) drinking water (d) a warm blanket
19. 19.True or false: “a party dress” is a want. (a) True (b) False
20. 20.True or false: “drinking water” is a need. (a) False (b) True
21. 21.Which of these is a want? (a) notebooks for school (b) rice and dal (c) a bigger TV (d) bus fare to school
22. 22.Which of these is a need? (a) a glitter pen set (b) a video game (c) a toy robot (d) soap
23. 23.True or false: “bus fare to school” is a want. (a) False (b) True
24. 24.🔍 Which is the odd one out? (a) a warm blanket (b) soap (c) designer sunglasses (d) rice and dal
25. 25.Which of these is a need? (a) a glitter pen set (b) school shoes (c) a third pair of shoes (d) a party dress
26. 26.True or false: “sweets every day” is a need. (a) True (b) False
27. 27.☔ In the monsoon, which would sell best at a school gate? (a) paper kites (b) ice lollies (c) umbrellas and raincoats (d) woollen sweaters
28. 28.🛒 Need or want: a warm blanket? (a) a want (b) a need
29. 29.❄️ On a cold winter morning, which stall would most people want? (a) hot drinks (b) paper fans (c) water guns (d) ice lollies
30. 30.🎯 A want can still be a good business when… (a) it is not safe (b) nobody likes it (c) many people want it (d) it breaks the rules
31. 31.True or false: “a glitter pen set” is a want. (a) False (b) True
32. 32.🛒 Need or want: medicine when ill? (a) a need (b) a want
33. 33.🔍 Which is the odd one out? (a) rice and dal (b) sweets every day (c) a bigger TV (d) designer sunglasses
34. 34.True or false: “a warm blanket” is a want. (a) True (b) False
35. 35.🛒 Need or want: school shoes? (a) a need (b) a want
36. 36.Which of these is a need? (a) a sticker album (b) a warm blanket (c) sweets every day (d) a glitter pen set
37. 37.Which of these is a want? (a) school shoes (b) a roof over your head (c) sweets every day (d) rice and dal
38. 38.🛒 Need or want: designer sunglasses? (a) a want (b) a need
39. 39.True or false: “school shoes” is a need. (a) False (b) True
40. 40.True or false: “soap” is a want. (a) False (b) True

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