Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 192 · 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 toy robot (b) a party dress (c) a warm blanket (d) a glitter pen set
2. 2.True or false: “a party dress” is a want. (a) False (b) True
3. 3.🔍 Which is the odd one out? (a) a toy robot (b) a fancy phone cover (c) a bigger TV (d) a school uniform
4. 4.🔍 Which is the odd one out? (a) rice and dal (b) a video game (c) a glitter pen set (d) a bigger TV
5. 5.🛒 Need or want: designer sunglasses? (a) a want (b) a need
6. 6.True or false: “medicine when ill” is a need. (a) False (b) True
7. 7.🛒 Need or want: a warm blanket? (a) a want (b) a need
8. 8.Which of these is a need? (a) a sticker album (b) a fancy phone cover (c) bus fare to school (d) a video game
9. 9.🔍 Which is the odd one out? (a) drinking water (b) school shoes (c) a toy robot (d) notebooks for school
10. 10.True or false: “a warm blanket” is a need. (a) False (b) True
11. 11.True or false: “notebooks for school” is a want. (a) False (b) True
12. 12.🛒 Need or want: drinking water? (a) a need (b) a want
13. 13.🛒 Need or want: a glitter pen set? (a) a need (b) a want
14. 14.🍱 A tiffin service mostly meets which? (a) a want: games (b) nothing at all (c) a want: toys (d) a need: food
15. 15.💡 A need is something… (a) only rich people buy (b) nice but not needed (c) made of plastic (d) we must have to live
16. 16.🛒 Need or want: a school uniform? (a) a want (b) a need
17. 17.🛒 A family has little money. What should it buy first? (a) the most fun thing (b) the wants (c) the needs (d) the costliest thing
18. 18.🛒 Need or want: rice and dal? (a) a need (b) a want
19. 19.🔍 Which is the odd one out? (a) designer sunglasses (b) a video game (c) a roof over your head (d) a third pair of shoes
20. 20.🔍 Which is the odd one out? (a) soap (b) sweets every day (c) a glitter pen set (d) a sticker album
21. 21.Which of these is a need? (a) a party dress (b) a warm blanket (c) a sticker album (d) designer sunglasses
22. 22.🛒 Need or want: sweets every day? (a) a need (b) a want
23. 23.🛒 Need or want: a fancy phone cover? (a) a want (b) a need
24. 24.🎯 A want can still be a good business when… (a) many people want it (b) nobody likes it (c) it breaks the rules (d) it is not safe
25. 25.True or false: “bus fare to school” is a need. (a) True (b) False
26. 26.True or false: “a warm blanket” is a want. (a) True (b) False
27. 27.True or false: “soap” is a want. (a) False (b) True
28. 28.Which of these is a need? (a) a video game (b) a glitter pen set (c) a school uniform (d) a fancy phone cover
29. 29.Which of these is a want? (a) medicine when ill (b) drinking water (c) a party dress (d) rice and dal
30. 30.🛍️ Why do businesses that meet needs often sell all year? (a) people always need them (b) nobody buys needs (c) needs are toys (d) needs are always free
31. 31.True or false: “school shoes” is a want. (a) True (b) False
32. 32.🔍 Which is the odd one out? (a) a school uniform (b) designer sunglasses (c) medicine when ill (d) drinking water
33. 33.☔ In the monsoon, which would sell best at a school gate? (a) paper kites (b) umbrellas and raincoats (c) ice lollies (d) woollen sweaters
34. 34.🛒 Need or want: a video game? (a) a need (b) a want
35. 35.🔍 Which is the odd one out? (a) a third pair of shoes (b) a glitter pen set (c) medicine when ill (d) a toy robot
36. 36.Which of these is a want? (a) a warm blanket (b) bus fare to school (c) drinking water (d) sweets every day
37. 37.🔍 Which is the odd one out? (a) a party dress (b) designer sunglasses (c) a glitter pen set (d) school shoes
38. 38.🔍 Which is the odd one out? (a) drinking water (b) rice and dal (c) school shoes (d) a video game
39. 39.Which of these is a want? (a) a roof over your head (b) a school uniform (c) designer sunglasses (d) drinking water
40. 40.True or false: “drinking water” is a need. (a) False (b) True

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