Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 120 · 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 tiffin service mostly meets which? (a) a want: toys (b) a want: games (c) a need: food (d) nothing at all
2. 2.🛒 Need or want: a roof over your head? (a) a want (b) a need
3. 3.🛒 Need or want: a bigger TV? (a) a want (b) a need
4. 4.True or false: “a video game” is a need. (a) False (b) True
5. 5.🔍 Which is the odd one out? (a) medicine when ill (b) bus fare to school (c) notebooks for school (d) a toy robot
6. 6.🔍 Which is the odd one out? (a) soap (b) school shoes (c) a bigger TV (d) notebooks for school
7. 7.🔍 Which is the odd one out? (a) a party dress (b) a glitter pen set (c) designer sunglasses (d) notebooks for school
8. 8.🛒 Need or want: designer sunglasses? (a) a need (b) a want
9. 9.🔍 Which is the odd one out? (a) designer sunglasses (b) school shoes (c) rice and dal (d) drinking water
10. 10.Which of these is a want? (a) a roof over your head (b) bus fare to school (c) a glitter pen set (d) medicine when ill
11. 11.☔ In the monsoon, which would sell best at a school gate? (a) ice lollies (b) paper kites (c) woollen sweaters (d) umbrellas and raincoats
12. 12.True or false: “a roof over your head” is a need. (a) True (b) False
13. 13.🔍 Which is the odd one out? (a) a school uniform (b) a warm blanket (c) drinking water (d) sweets every day
14. 14.🛒 Need or want: a glitter pen set? (a) a want (b) a need
15. 15.🛍️ Why do businesses that meet needs often sell all year? (a) needs are always free (b) people always need them (c) needs are toys (d) nobody buys needs
16. 16.🔍 Which is the odd one out? (a) notebooks for school (b) a warm blanket (c) a glitter pen set (d) medicine when ill
17. 17.💡 A need is something… (a) made of plastic (b) only rich people buy (c) we must have to live (d) nice but not needed
18. 18.True or false: “soap” is a want. (a) True (b) False
19. 19.🛒 Need or want: a video game? (a) a need (b) a want
20. 20.🛒 Need or want: school shoes? (a) a want (b) a need
21. 21.🔍 Which is the odd one out? (a) bus fare to school (b) medicine when ill (c) a fancy phone cover (d) school shoes
22. 22.Which of these is a want? (a) bus fare to school (b) medicine when ill (c) a school uniform (d) designer sunglasses
23. 23.Which of these is a need? (a) a video game (b) a glitter pen set (c) a party dress (d) soap
24. 24.True or false: “a bigger TV” is a want. (a) True (b) False
25. 25.🔍 Which is the odd one out? (a) medicine when ill (b) a bigger TV (c) a fancy phone cover (d) a third pair of shoes
26. 26.Which of these is a want? (a) sweets every day (b) school shoes (c) soap (d) a school uniform
27. 27.Which of these is a need? (a) designer sunglasses (b) sweets every day (c) a video game (d) a warm blanket
28. 28.🔍 Which is the odd one out? (a) a roof over your head (b) a party dress (c) bus fare to school (d) a school uniform
29. 29.True or false: “a video game” is a want. (a) False (b) True
30. 30.🛒 Need or want: a fancy phone cover? (a) a need (b) a want
31. 31.🛒 Need or want: soap? (a) a want (b) a need
32. 32.🛒 Need or want: sweets every day? (a) a want (b) a need
33. 33.🔍 Which is the odd one out? (a) a glitter pen set (b) designer sunglasses (c) a roof over your head (d) a sticker album
34. 34.True or false: “sweets every day” is a want. (a) False (b) True
35. 35.Which of these is a need? (a) a glitter pen set (b) a fancy phone cover (c) a sticker album (d) school shoes
36. 36.True or false: “a third pair of shoes” is a want. (a) True (b) False
37. 37.Which of these is a want? (a) notebooks for school (b) a warm blanket (c) a party dress (d) soap
38. 38.True or false: “drinking water” is a want. (a) True (b) False
39. 39.Which of these is a want? (a) notebooks for school (b) rice and dal (c) medicine when ill (d) a fancy phone cover
40. 40.❄️ On a cold winter morning, which stall would most people want? (a) hot drinks (b) ice lollies (c) paper fans (d) water guns

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