Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 114 · 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 fancy phone cover (b) school shoes (c) a video game (d) designer sunglasses
2. 2.🔍 Which is the odd one out? (a) bus fare to school (b) a warm blanket (c) a glitter pen set (d) rice and dal
3. 3.True or false: “a party dress” is a want. (a) True (b) False
4. 4.Which of these is a need? (a) a bigger TV (b) a party dress (c) a warm blanket (d) a sticker album
5. 5.🛒 Need or want: school shoes? (a) a want (b) a need
6. 6.💡 A need is something… (a) only rich people buy (b) made of plastic (c) nice but not needed (d) we must have to live
7. 7.🔍 Which is the odd one out? (a) bus fare to school (b) a roof over your head (c) a video game (d) a warm blanket
8. 8.🔍 Which is the odd one out? (a) notebooks for school (b) drinking water (c) a fancy phone cover (d) medicine when ill
9. 9.🔍 Which is the odd one out? (a) drinking water (b) a glitter pen set (c) a sticker album (d) sweets every day
10. 10.Which of these is a want? (a) a warm blanket (b) a bigger TV (c) drinking water (d) soap
11. 11.True or false: “school shoes” is a want. (a) True (b) False
12. 12.True or false: “a school uniform” is a want. (a) True (b) False
13. 13.🔍 Which is the odd one out? (a) a third pair of shoes (b) designer sunglasses (c) soap (d) a fancy phone cover
14. 14.❄️ On a cold winter morning, which stall would most people want? (a) ice lollies (b) hot drinks (c) water guns (d) paper fans
15. 15.🛍️ Why do businesses that meet needs often sell all year? (a) needs are always free (b) needs are toys (c) nobody buys needs (d) people always need them
16. 16.🎯 A want can still be a good business when… (a) it is not safe (b) it breaks the rules (c) nobody likes it (d) many people want it
17. 17.🛒 Need or want: a fancy phone cover? (a) a need (b) a want
18. 18.Which of these is a need? (a) a toy robot (b) designer sunglasses (c) a party dress (d) soap
19. 19.True or false: “drinking water” is a want. (a) True (b) False
20. 20.🛒 Need or want: a sticker album? (a) a want (b) a need
21. 21.Which of these is a need? (a) a sticker album (b) a fancy phone cover (c) sweets every day (d) school shoes
22. 22.Which of these is a want? (a) bus fare to school (b) rice and dal (c) a roof over your head (d) sweets every day
23. 23.🔍 Which is the odd one out? (a) a sticker album (b) a video game (c) rice and dal (d) a third pair of shoes
24. 24.🔍 Which is the odd one out? (a) medicine when ill (b) a sticker album (c) a glitter pen set (d) a bigger TV
25. 25.☔ In the monsoon, which would sell best at a school gate? (a) umbrellas and raincoats (b) ice lollies (c) woollen sweaters (d) paper kites
26. 26.True or false: “a warm blanket” is a need. (a) True (b) False
27. 27.True or false: “a toy robot” is a need. (a) False (b) True
28. 28.🔍 Which is the odd one out? (a) a bigger TV (b) a third pair of shoes (c) a roof over your head (d) a video game
29. 29.True or false: “rice and dal” is a want. (a) True (b) False
30. 30.True or false: “a roof over your head” is a need. (a) False (b) True
31. 31.🛒 Need or want: a bigger TV? (a) a need (b) a want
32. 32.🛒 Need or want: bus fare to school? (a) a need (b) a want
33. 33.🛒 A family has little money. What should it buy first? (a) the costliest thing (b) the needs (c) the wants (d) the most fun thing
34. 34.🔍 Which is the odd one out? (a) sweets every day (b) a toy robot (c) a warm blanket (d) a sticker album
35. 35.True or false: “sweets every day” is a want. (a) False (b) True
36. 36.Which of these is a want? (a) a warm blanket (b) soap (c) notebooks for school (d) a sticker album
37. 37.🛒 Need or want: a glitter pen set? (a) a need (b) a want
38. 38.True or false: “a warm blanket” is a want. (a) False (b) True
39. 39.Which of these is a want? (a) school shoes (b) a warm blanket (c) soap (d) a fancy phone cover
40. 40.Which of these is a want? (a) soap (b) bus fare to school (c) designer sunglasses (d) a school uniform

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