Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 193 · 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) school shoes (b) rice and dal (c) bus fare to school (d) a fancy phone cover
2. 2.🛍️ Why do businesses that meet needs often sell all year? (a) needs are always free (b) needs are toys (c) people always need them (d) nobody buys needs
3. 3.🔍 Which is the odd one out? (a) a third pair of shoes (b) designer sunglasses (c) a bigger TV (d) drinking water
4. 4.🔍 Which is the odd one out? (a) sweets every day (b) a third pair of shoes (c) designer sunglasses (d) a warm blanket
5. 5.Which of these is a want? (a) a glitter pen set (b) bus fare to school (c) notebooks for school (d) soap
6. 6.🔍 Which is the odd one out? (a) a roof over your head (b) rice and dal (c) a third pair of shoes (d) notebooks for school
7. 7.Which of these is a want? (a) a school uniform (b) school shoes (c) a third pair of shoes (d) notebooks for school
8. 8.🔍 Which is the odd one out? (a) a school uniform (b) a glitter pen set (c) soap (d) school shoes
9. 9.True or false: “a sticker album” is a need. (a) False (b) True
10. 10.🛒 A family has little money. What should it buy first? (a) the needs (b) the costliest thing (c) the wants (d) the most fun thing
11. 11.🛒 Need or want: medicine when ill? (a) a need (b) a want
12. 12.🛒 Need or want: drinking water? (a) a want (b) a need
13. 13.☔ In the monsoon, which would sell best at a school gate? (a) umbrellas and raincoats (b) woollen sweaters (c) ice lollies (d) paper kites
14. 14.True or false: “a bigger TV” is a need. (a) False (b) True
15. 15.Which of these is a want? (a) school shoes (b) bus fare to school (c) sweets every day (d) a warm blanket
16. 16.🎯 A want can still be a good business when… (a) many people want it (b) nobody likes it (c) it is not safe (d) it breaks the rules
17. 17.Which of these is a want? (a) a school uniform (b) a warm blanket (c) soap (d) a party dress
18. 18.🛒 Need or want: a video game? (a) a need (b) a want
19. 19.Which of these is a want? (a) a roof over your head (b) rice and dal (c) a sticker album (d) drinking water
20. 20.🛒 Need or want: a school uniform? (a) a want (b) a need
21. 21.True or false: “drinking water” is a want. (a) True (b) False
22. 22.💡 A need is something… (a) made of plastic (b) we must have to live (c) only rich people buy (d) nice but not needed
23. 23.🔍 Which is the odd one out? (a) a video game (b) medicine when ill (c) a third pair of shoes (d) a glitter pen set
24. 24.True or false: “notebooks for school” is a want. (a) False (b) True
25. 25.True or false: “a fancy phone cover” is a need. (a) True (b) False
26. 26.🔍 Which is the odd one out? (a) school shoes (b) a fancy phone cover (c) a party dress (d) designer sunglasses
27. 27.True or false: “a third pair of shoes” is a want. (a) False (b) True
28. 28.🍱 A tiffin service mostly meets which? (a) a want: games (b) nothing at all (c) a want: toys (d) a need: food
29. 29.True or false: “bus fare to school” is a want. (a) False (b) True
30. 30.🔍 Which is the odd one out? (a) a toy robot (b) soap (c) bus fare to school (d) school shoes
31. 31.🔍 Which is the odd one out? (a) drinking water (b) sweets every day (c) notebooks for school (d) school shoes
32. 32.🛒 Need or want: bus fare to school? (a) a need (b) a want
33. 33.🔍 Which is the odd one out? (a) a video game (b) rice and dal (c) a school uniform (d) notebooks for school
34. 34.🔍 Which is the odd one out? (a) sweets every day (b) soap (c) a video game (d) a toy robot
35. 35.True or false: “a party dress” is a need. (a) True (b) False
36. 36.🔍 Which is the odd one out? (a) a school uniform (b) rice and dal (c) school shoes (d) a sticker album
37. 37.🛒 Need or want: school shoes? (a) a need (b) a want
38. 38.True or false: “school shoes” is a want. (a) False (b) True
39. 39.True or false: “soap” is a need. (a) True (b) False
40. 40.❄️ On a cold winter morning, which stall would most people want? (a) ice lollies (b) paper fans (c) hot drinks (d) water guns

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