Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 995 · 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 most fun thing (b) the needs (c) the costliest thing (d) the wants
2. 2.🔍 Which is the odd one out? (a) drinking water (b) a sticker album (c) a toy robot (d) a bigger TV
3. 3.Which of these is a need? (a) rice and dal (b) designer sunglasses (c) a fancy phone cover (d) a sticker album
4. 4.🛒 Need or want: medicine when ill? (a) a need (b) a want
5. 5.💡 A need is something… (a) made of plastic (b) only rich people buy (c) we must have to live (d) nice but not needed
6. 6.🛒 Need or want: rice and dal? (a) a want (b) a need
7. 7.🛒 Need or want: a party dress? (a) a want (b) a need
8. 8.🔍 Which is the odd one out? (a) a sticker album (b) a glitter pen set (c) rice and dal (d) a third pair of shoes
9. 9.Which of these is a want? (a) drinking water (b) school shoes (c) a party dress (d) a school uniform
10. 10.Which of these is a need? (a) a party dress (b) a video game (c) designer sunglasses (d) school shoes
11. 11.🛒 Need or want: bus fare to school? (a) a need (b) a want
12. 12.Which of these is a want? (a) a roof over your head (b) a fancy phone cover (c) rice and dal (d) medicine when ill
13. 13.🔍 Which is the odd one out? (a) a roof over your head (b) drinking water (c) school shoes (d) a third pair of shoes
14. 14.🔍 Which is the odd one out? (a) a school uniform (b) a toy robot (c) drinking water (d) soap
15. 15.❄️ On a cold winter morning, which stall would most people want? (a) paper fans (b) ice lollies (c) hot drinks (d) water guns
16. 16.🔍 Which is the odd one out? (a) a glitter pen set (b) a bigger TV (c) a warm blanket (d) a party dress
17. 17.🛍️ Why do businesses that meet needs often sell all year? (a) needs are toys (b) people always need them (c) needs are always free (d) nobody buys needs
18. 18.🛒 Need or want: a roof over your head? (a) a want (b) a need
19. 19.True or false: “notebooks for school” is a need. (a) True (b) False
20. 20.🔍 Which is the odd one out? (a) a glitter pen set (b) designer sunglasses (c) notebooks for school (d) a party dress
21. 21.True or false: “rice and dal” is a want. (a) True (b) False
22. 22.🛒 Need or want: a sticker album? (a) a need (b) a want
23. 23.🛒 Need or want: a third pair of shoes? (a) a want (b) a need
24. 24.Which of these is a want? (a) a glitter pen set (b) bus fare to school (c) drinking water (d) rice and dal
25. 25.True or false: “school shoes” is a want. (a) False (b) True
26. 26.True or false: “a warm blanket” is a need. (a) True (b) False
27. 27.🛒 Need or want: a glitter pen set? (a) a need (b) a want
28. 28.Which of these is a want? (a) a school uniform (b) rice and dal (c) a video game (d) notebooks for school
29. 29.True or false: “medicine when ill” is a need. (a) False (b) True
30. 30.🛒 Need or want: drinking water? (a) a need (b) a want
31. 31.Which of these is a want? (a) a warm blanket (b) a roof over your head (c) a bigger TV (d) notebooks for school
32. 32.True or false: “drinking water” is a want. (a) True (b) False
33. 33.🎯 A want can still be a good business when… (a) it breaks the rules (b) nobody likes it (c) many people want it (d) it is not safe
34. 34.Which of these is a need? (a) a party dress (b) drinking water (c) a glitter pen set (d) a third pair of shoes
35. 35.True or false: “a third pair of shoes” is a need. (a) True (b) False
36. 36.Which of these is a want? (a) soap (b) a toy robot (c) drinking water (d) a school uniform
37. 37.True or false: “bus fare to school” is a want. (a) True (b) False
38. 38.🔍 Which is the odd one out? (a) sweets every day (b) a school uniform (c) bus fare to school (d) soap
39. 39.True or false: “sweets every day” is a need. (a) True (b) False
40. 40.🛒 Need or want: a toy robot? (a) a want (b) a need

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