Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 137 · 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) notebooks for school (b) a warm blanket (c) designer sunglasses (d) a school uniform
2. 2.🔍 Which is the odd one out? (a) a warm blanket (b) school shoes (c) a sticker album (d) bus fare to school
3. 3.🛒 Need or want: school shoes? (a) a need (b) a want
4. 4.☔ In the monsoon, which would sell best at a school gate? (a) umbrellas and raincoats (b) woollen sweaters (c) ice lollies (d) paper kites
5. 5.Which of these is a want? (a) a roof over your head (b) a sticker album (c) bus fare to school (d) a school uniform
6. 6.🛒 Need or want: bus fare to school? (a) a need (b) a want
7. 7.🔍 Which is the odd one out? (a) designer sunglasses (b) notebooks for school (c) a sticker album (d) a party dress
8. 8.🛒 Need or want: a sticker album? (a) a want (b) a need
9. 9.True or false: “designer sunglasses” is a need. (a) False (b) True
10. 10.Which of these is a want? (a) a fancy phone cover (b) rice and dal (c) medicine when ill (d) soap
11. 11.🛍️ 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
12. 12.🔍 Which is the odd one out? (a) a sticker album (b) a warm blanket (c) sweets every day (d) a glitter pen set
13. 13.💡 A need is something… (a) nice but not needed (b) only rich people buy (c) made of plastic (d) we must have to live
14. 14.Which of these is a want? (a) rice and dal (b) notebooks for school (c) a roof over your head (d) a video game
15. 15.True or false: “a third pair of shoes” is a want. (a) True (b) False
16. 16.Which of these is a need? (a) a third pair of shoes (b) a glitter pen set (c) a school uniform (d) a fancy phone cover
17. 17.True or false: “drinking water” is a want. (a) True (b) False
18. 18.🍱 A tiffin service mostly meets which? (a) a need: food (b) a want: toys (c) a want: games (d) nothing at all
19. 19.Which of these is a want? (a) drinking water (b) a bigger TV (c) a school uniform (d) a roof over your head
20. 20.🔍 Which is the odd one out? (a) sweets every day (b) school shoes (c) a fancy phone cover (d) a video game
21. 21.True or false: “school shoes” is a need. (a) True (b) False
22. 22.Which of these is a want? (a) rice and dal (b) bus fare to school (c) soap (d) a third pair of shoes
23. 23.Which of these is a need? (a) a roof over your head (b) a third pair of shoes (c) sweets every day (d) a glitter pen set
24. 24.🛒 Need or want: a glitter pen set? (a) a need (b) a want
25. 25.🎯 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
26. 26.🛒 Need or want: a roof over your head? (a) a want (b) a need
27. 27.Which of these is a want? (a) a toy robot (b) medicine when ill (c) rice and dal (d) bus fare to school
28. 28.🛒 Need or want: designer sunglasses? (a) a want (b) a need
29. 29.Which of these is a need? (a) a party dress (b) a toy robot (c) soap (d) a video game
30. 30.Which of these is a want? (a) notebooks for school (b) a school uniform (c) a party dress (d) drinking water
31. 31.🛒 Need or want: a toy robot? (a) a need (b) a want
32. 32.Which of these is a need? (a) school shoes (b) a third pair of shoes (c) a party dress (d) a glitter pen set
33. 33.🔍 Which is the odd one out? (a) a third pair of shoes (b) drinking water (c) a fancy phone cover (d) a glitter pen set
34. 34.Which of these is a want? (a) bus fare to school (b) designer sunglasses (c) school shoes (d) soap
35. 35.🛒 Need or want: a school uniform? (a) a want (b) a need
36. 36.🛒 Need or want: soap? (a) a need (b) a want
37. 37.🛒 Need or want: drinking water? (a) a want (b) a need
38. 38.🔍 Which is the odd one out? (a) a warm blanket (b) soap (c) drinking water (d) a third pair of shoes
39. 39.❄️ On a cold winter morning, which stall would most people want? (a) paper fans (b) hot drinks (c) ice lollies (d) water guns
40. 40.Which of these is a need? (a) a toy robot (b) rice and dal (c) a party dress (d) a fancy phone cover

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