Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 242 · 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 bigger TV (c) drinking water (d) a school uniform
2. 2.🔍 Which is the odd one out? (a) a glitter pen set (b) a third pair of shoes (c) a fancy phone cover (d) a roof over your head
3. 3.🔍 Which is the odd one out? (a) soap (b) a party dress (c) sweets every day (d) a bigger TV
4. 4.Which of these is a need? (a) designer sunglasses (b) a toy robot (c) a school uniform (d) a bigger TV
5. 5.True or false: “sweets every day” is a need. (a) True (b) False
6. 6.🛒 Need or want: rice and dal? (a) a need (b) a want
7. 7.True or false: “a glitter pen set” is a need. (a) True (b) False
8. 8.Which of these is a want? (a) drinking water (b) notebooks for school (c) rice and dal (d) a fancy phone cover
9. 9.🔍 Which is the odd one out? (a) a party dress (b) a school uniform (c) a toy robot (d) a sticker album
10. 10.🛒 Need or want: a party dress? (a) a need (b) a want
11. 11.Which of these is a need? (a) a video game (b) designer sunglasses (c) drinking water (d) a toy robot
12. 12.True or false: “a school uniform” is a want. (a) True (b) False
13. 13.🔍 Which is the odd one out? (a) a sticker album (b) soap (c) rice and dal (d) bus fare to school
14. 14.🛍️ Why do businesses that meet needs often sell all year? (a) nobody buys needs (b) needs are always free (c) needs are toys (d) people always need them
15. 15.🔍 Which is the odd one out? (a) sweets every day (b) drinking water (c) a school uniform (d) soap
16. 16.🔍 Which is the odd one out? (a) notebooks for school (b) rice and dal (c) school shoes (d) a party dress
17. 17.🍱 A tiffin service mostly meets which? (a) nothing at all (b) a want: toys (c) a need: food (d) a want: games
18. 18.❄️ On a cold winter morning, which stall would most people want? (a) water guns (b) paper fans (c) hot drinks (d) ice lollies
19. 19.🛒 Need or want: drinking water? (a) a want (b) a need
20. 20.Which of these is a want? (a) bus fare to school (b) medicine when ill (c) a sticker album (d) drinking water
21. 21.True or false: “sweets every day” is a want. (a) False (b) True
22. 22.True or false: “a third pair of shoes” is a need. (a) True (b) False
23. 23.True or false: “a third pair of shoes” is a want. (a) True (b) False
24. 24.🔍 Which is the odd one out? (a) a toy robot (b) a video game (c) drinking water (d) a third pair of shoes
25. 25.Which of these is a need? (a) a party dress (b) a sticker album (c) soap (d) a fancy phone cover
26. 26.True or false: “designer sunglasses” is a need. (a) False (b) True
27. 27.🛒 Need or want: designer sunglasses? (a) a need (b) a want
28. 28.🛒 Need or want: medicine when ill? (a) a need (b) a want
29. 29.🛒 Need or want: a warm blanket? (a) a want (b) a need
30. 30.True or false: “school shoes” is a need. (a) False (b) True
31. 31.Which of these is a need? (a) a glitter pen set (b) a toy robot (c) notebooks for school (d) a fancy phone cover
32. 32.🔍 Which is the odd one out? (a) designer sunglasses (b) rice and dal (c) a school uniform (d) notebooks for school
33. 33.☔ In the monsoon, which would sell best at a school gate? (a) woollen sweaters (b) ice lollies (c) paper kites (d) umbrellas and raincoats
34. 34.💡 A need is something… (a) we must have to live (b) made of plastic (c) only rich people buy (d) nice but not needed
35. 35.True or false: “a glitter pen set” is a want. (a) False (b) True
36. 36.Which of these is a want? (a) school shoes (b) a glitter pen set (c) a warm blanket (d) soap
37. 37.True or false: “medicine when ill” is a need. (a) False (b) True
38. 38.🎯 A want can still be a good business when… (a) nobody likes it (b) it breaks the rules (c) many people want it (d) it is not safe
39. 39.True or false: “a party dress” is a need. (a) False (b) True
40. 40.🔍 Which is the odd one out? (a) a warm blanket (b) drinking water (c) a video game (d) notebooks for school

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