Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 105 · 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 bigger TV (b) medicine when ill (c) school shoes (d) rice and dal
2. 2.True or false: “a warm blanket” is a want. (a) False (b) True
3. 3.True or false: “a third pair of shoes” is a need. (a) True (b) False
4. 4.💡 A need is something… (a) we must have to live (b) nice but not needed (c) made of plastic (d) only rich people buy
5. 5.Which of these is a need? (a) notebooks for school (b) a sticker album (c) a toy robot (d) a third pair of shoes
6. 6.True or false: “a school uniform” is a need. (a) False (b) True
7. 7.True or false: “school shoes” is a want. (a) False (b) True
8. 8.🛒 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
9. 9.🛒 Need or want: a video game? (a) a need (b) a want
10. 10.True or false: “a school uniform” is a want. (a) False (b) True
11. 11.🔍 Which is the odd one out? (a) a bigger TV (b) a fancy phone cover (c) a video game (d) medicine when ill
12. 12.🛍️ 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
13. 13.🛒 Need or want: a fancy phone cover? (a) a want (b) a need
14. 14.Which of these is a need? (a) a video game (b) sweets every day (c) a toy robot (d) bus fare to school
15. 15.🍱 A tiffin service mostly meets which? (a) a want: games (b) a want: toys (c) a need: food (d) nothing at all
16. 16.True or false: “a roof over your head” is a want. (a) True (b) False
17. 17.🛒 Need or want: designer sunglasses? (a) a want (b) a need
18. 18.🔍 Which is the odd one out? (a) sweets every day (b) a video game (c) a fancy phone cover (d) rice and dal
19. 19.☔ In the monsoon, which would sell best at a school gate? (a) ice lollies (b) umbrellas and raincoats (c) paper kites (d) woollen sweaters
20. 20.🎯 A want can still be a good business when… (a) it breaks the rules (b) it is not safe (c) many people want it (d) nobody likes it
21. 21.True or false: “notebooks for school” is a want. (a) True (b) False
22. 22.🔍 Which is the odd one out? (a) school shoes (b) a fancy phone cover (c) designer sunglasses (d) a party dress
23. 23.🛒 Need or want: a toy robot? (a) a want (b) a need
24. 24.🔍 Which is the odd one out? (a) a school uniform (b) notebooks for school (c) a sticker album (d) a warm blanket
25. 25.True or false: “a glitter pen set” is a want. (a) False (b) True
26. 26.Which of these is a need? (a) a glitter pen set (b) a toy robot (c) a fancy phone cover (d) rice and dal
27. 27.🔍 Which is the odd one out? (a) medicine when ill (b) a school uniform (c) school shoes (d) a third pair of shoes
28. 28.🛒 Need or want: a roof over your head? (a) a want (b) a need
29. 29.Which of these is a need? (a) a glitter pen set (b) designer sunglasses (c) a third pair of shoes (d) school shoes
30. 30.🛒 Need or want: a bigger TV? (a) a need (b) a want
31. 31.❄️ On a cold winter morning, which stall would most people want? (a) paper fans (b) hot drinks (c) water guns (d) ice lollies
32. 32.🛒 Need or want: drinking water? (a) a want (b) a need
33. 33.🔍 Which is the odd one out? (a) a bigger TV (b) a glitter pen set (c) a fancy phone cover (d) a warm blanket
34. 34.🔍 Which is the odd one out? (a) drinking water (b) soap (c) sweets every day (d) bus fare to school
35. 35.Which of these is a want? (a) a warm blanket (b) bus fare to school (c) rice and dal (d) a bigger TV
36. 36.Which of these is a want? (a) designer sunglasses (b) school shoes (c) soap (d) bus fare to school
37. 37.🛒 Need or want: soap? (a) a want (b) a need
38. 38.🔍 Which is the odd one out? (a) a toy robot (b) a video game (c) drinking water (d) a third pair of shoes
39. 39.🛒 Need or want: a school uniform? (a) a need (b) a want
40. 40.🔍 Which is the odd one out? (a) rice and dal (b) bus fare to school (c) a fancy phone cover (d) school shoes

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