Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 208 · 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) bus fare to school (b) a toy robot (c) a warm blanket (d) drinking water
2. 2.🛒 Need or want: a warm blanket? (a) a want (b) a need
3. 3.☔ In the monsoon, which would sell best at a school gate? (a) umbrellas and raincoats (b) paper kites (c) woollen sweaters (d) ice lollies
4. 4.True or false: “school shoes” is a want. (a) False (b) True
5. 5.Which of these is a want? (a) a school uniform (b) rice and dal (c) school shoes (d) a party dress
6. 6.🛒 A family has little money. What should it buy first? (a) the wants (b) the most fun thing (c) the costliest thing (d) the needs
7. 7.Which of these is a need? (a) a school uniform (b) a video game (c) designer sunglasses (d) a party dress
8. 8.🛒 Need or want: a video game? (a) a want (b) a need
9. 9.True or false: “a fancy phone cover” is a need. (a) False (b) True
10. 10.❄️ On a cold winter morning, which stall would most people want? (a) paper fans (b) ice lollies (c) water guns (d) hot drinks
11. 11.True or false: “bus fare to school” is a need. (a) True (b) False
12. 12.🔍 Which is the odd one out? (a) a sticker album (b) designer sunglasses (c) a third pair of shoes (d) medicine when ill
13. 13.💡 A need is something… (a) we must have to live (b) nice but not needed (c) made of plastic (d) only rich people buy
14. 14.🛒 Need or want: rice and dal? (a) a want (b) a need
15. 15.Which of these is a want? (a) a bigger TV (b) a school uniform (c) school shoes (d) medicine when ill
16. 16.Which of these is a need? (a) a fancy phone cover (b) a glitter pen set (c) a toy robot (d) a roof over your head
17. 17.Which of these is a need? (a) a fancy phone cover (b) a sticker album (c) a video game (d) school shoes
18. 18.🛒 Need or want: sweets every day? (a) a want (b) a need
19. 19.Which of these is a need? (a) a toy robot (b) a party dress (c) medicine when ill (d) a video game
20. 20.🛍️ 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
21. 21.True or false: “a bigger TV” is a want. (a) False (b) True
22. 22.🔍 Which is the odd one out? (a) a roof over your head (b) a fancy phone cover (c) school shoes (d) drinking water
23. 23.Which of these is a need? (a) rice and dal (b) designer sunglasses (c) a video game (d) a fancy phone cover
24. 24.🔍 Which is the odd one out? (a) drinking water (b) a bigger TV (c) medicine when ill (d) notebooks for school
25. 25.🔍 Which is the odd one out? (a) a sticker album (b) school shoes (c) drinking water (d) soap
26. 26.True or false: “a glitter pen set” is a need. (a) False (b) True
27. 27.True or false: “a sticker album” is a want. (a) False (b) True
28. 28.Which of these is a need? (a) a glitter pen set (b) a sticker album (c) a bigger TV (d) a warm blanket
29. 29.🛒 Need or want: a fancy phone cover? (a) a want (b) a need
30. 30.Which of these is a want? (a) drinking water (b) medicine when ill (c) a roof over your head (d) designer sunglasses
31. 31.🛒 Need or want: bus fare to school? (a) a need (b) a want
32. 32.🔍 Which is the odd one out? (a) sweets every day (b) a school uniform (c) a warm blanket (d) notebooks for school
33. 33.Which of these is a need? (a) notebooks for school (b) a bigger TV (c) designer sunglasses (d) a video game
34. 34.🛒 Need or want: drinking water? (a) a need (b) a want
35. 35.🎯 A want can still be a good business when… (a) many people want it (b) it breaks the rules (c) it is not safe (d) nobody likes it
36. 36.True or false: “drinking water” is a need. (a) False (b) True
37. 37.🛒 Need or want: a school uniform? (a) a want (b) a need
38. 38.🍱 A tiffin service mostly meets which? (a) a want: games (b) a need: food (c) a want: toys (d) nothing at all
39. 39.🔍 Which is the odd one out? (a) rice and dal (b) a toy robot (c) designer sunglasses (d) a video game
40. 40.🔍 Which is the odd one out? (a) school shoes (b) a video game (c) rice and dal (d) soap

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