Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 171 · 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 of these is a want? (a) notebooks for school (b) a warm blanket (c) a third pair of shoes (d) medicine when ill
2. 2.🔍 Which is the odd one out? (a) a warm blanket (b) school shoes (c) medicine when ill (d) a third pair of shoes
3. 3.🛒 Need or want: a party dress? (a) a want (b) a need
4. 4.Which of these is a need? (a) a toy robot (b) a sticker album (c) a fancy phone cover (d) a school uniform
5. 5.💡 A need is something… (a) only rich people buy (b) made of plastic (c) we must have to live (d) nice but not needed
6. 6.🔍 Which is the odd one out? (a) a warm blanket (b) designer sunglasses (c) a roof over your head (d) school shoes
7. 7.True or false: “drinking water” is a want. (a) True (b) False
8. 8.True or false: “a video game” is a want. (a) True (b) False
9. 9.🔍 Which is the odd one out? (a) notebooks for school (b) a third pair of shoes (c) a video game (d) designer sunglasses
10. 10.☔ In the monsoon, which would sell best at a school gate? (a) woollen sweaters (b) ice lollies (c) umbrellas and raincoats (d) paper kites
11. 11.🔍 Which is the odd one out? (a) a school uniform (b) drinking water (c) a fancy phone cover (d) school shoes
12. 12.🔍 Which is the odd one out? (a) medicine when ill (b) a third pair of shoes (c) a party dress (d) a sticker album
13. 13.Which of these is a want? (a) rice and dal (b) a warm blanket (c) a fancy phone cover (d) a school uniform
14. 14.🎯 A want can still be a good business when… (a) it is not safe (b) many people want it (c) nobody likes it (d) it breaks the rules
15. 15.🛒 A family has little money. What should it buy first? (a) the needs (b) the wants (c) the costliest thing (d) the most fun thing
16. 16.Which of these is a want? (a) drinking water (b) medicine when ill (c) a sticker album (d) soap
17. 17.Which of these is a need? (a) a video game (b) medicine when ill (c) a party dress (d) designer sunglasses
18. 18.Which of these is a need? (a) sweets every day (b) a roof over your head (c) a video game (d) a third pair of shoes
19. 19.🛒 Need or want: sweets every day? (a) a want (b) a need
20. 20.True or false: “a bigger TV” is a need. (a) True (b) False
21. 21.🛒 Need or want: a bigger TV? (a) a want (b) a need
22. 22.🛒 Need or want: a roof over your head? (a) a want (b) a need
23. 23.🛒 Need or want: soap? (a) a need (b) a want
24. 24.True or false: “a roof over your head” is a need. (a) False (b) True
25. 25.🔍 Which is the odd one out? (a) a fancy phone cover (b) a bigger TV (c) a toy robot (d) rice and dal
26. 26.🍱 A tiffin service mostly meets which? (a) a want: toys (b) a want: games (c) nothing at all (d) a need: food
27. 27.True or false: “notebooks for school” is a need. (a) False (b) True
28. 28.🔍 Which is the odd one out? (a) designer sunglasses (b) a bigger TV (c) sweets every day (d) a warm blanket
29. 29.Which of these is a want? (a) notebooks for school (b) drinking water (c) a video game (d) school shoes
30. 30.🛒 Need or want: rice and dal? (a) a want (b) a need
31. 31.Which of these is a want? (a) school shoes (b) medicine when ill (c) drinking water (d) a toy robot
32. 32.🛒 Need or want: a glitter pen set? (a) a want (b) a need
33. 33.🛒 Need or want: a sticker album? (a) a need (b) a want
34. 34.True or false: “designer sunglasses” is a need. (a) True (b) False
35. 35.🔍 Which is the odd one out? (a) a toy robot (b) a sticker album (c) a third pair of shoes (d) bus fare to school
36. 36.❄️ On a cold winter morning, which stall would most people want? (a) water guns (b) hot drinks (c) paper fans (d) ice lollies
37. 37.🛒 Need or want: notebooks for school? (a) a need (b) a want
38. 38.🛍️ Why do businesses that meet needs often sell all year? (a) nobody buys needs (b) people always need them (c) needs are always free (d) needs are toys
39. 39.True or false: “a glitter pen set” is a need. (a) True (b) False
40. 40.🛒 Need or want: a fancy phone cover? (a) a need (b) a want

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