Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 256 · 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) designer sunglasses (b) a fancy phone cover (c) a video game (d) a roof over your head
2. 2.🛒 Need or want: drinking water? (a) a want (b) a need
3. 3.True or false: “a video game” is a want. (a) True (b) False
4. 4.❄️ On a cold winter morning, which stall would most people want? (a) paper fans (b) hot drinks (c) ice lollies (d) water guns
5. 5.🛒 Need or want: a school uniform? (a) a need (b) a want
6. 6.True or false: “a school uniform” is a want. (a) False (b) True
7. 7.🔍 Which is the odd one out? (a) a bigger TV (b) bus fare to school (c) a roof over your head (d) school shoes
8. 8.🛒 A family has little money. What should it buy first? (a) the costliest thing (b) the most fun thing (c) the needs (d) the wants
9. 9.True or false: “a third pair of shoes” is a need. (a) True (b) False
10. 10.Which of these is a want? (a) drinking water (b) a warm blanket (c) a party dress (d) rice and dal
11. 11.🛍️ Why do businesses that meet needs often sell all year? (a) people always need them (b) needs are always free (c) nobody buys needs (d) needs are toys
12. 12.Which of these is a want? (a) designer sunglasses (b) a warm blanket (c) soap (d) notebooks for school
13. 13.🔍 Which is the odd one out? (a) sweets every day (b) notebooks for school (c) a party dress (d) a sticker album
14. 14.🍱 A tiffin service mostly meets which? (a) nothing at all (b) a want: toys (c) a need: food (d) a want: games
15. 15.True or false: “drinking water” is a want. (a) True (b) False
16. 16.🔍 Which is the odd one out? (a) a fancy phone cover (b) a bigger TV (c) a warm blanket (d) a video game
17. 17.True or false: “bus fare to school” is a need. (a) True (b) False
18. 18.🔍 Which is the odd one out? (a) soap (b) a toy robot (c) a sticker album (d) a video game
19. 19.True or false: “a toy robot” is a want. (a) False (b) True
20. 20.☔ In the monsoon, which would sell best at a school gate? (a) umbrellas and raincoats (b) woollen sweaters (c) paper kites (d) ice lollies
21. 21.🛒 Need or want: a warm blanket? (a) a need (b) a want
22. 22.🎯 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
23. 23.🛒 Need or want: a third pair of shoes? (a) a need (b) a want
24. 24.True or false: “a roof over your head” is a want. (a) False (b) True
25. 25.🔍 Which is the odd one out? (a) designer sunglasses (b) a fancy phone cover (c) a school uniform (d) sweets every day
26. 26.🔍 Which is the odd one out? (a) a video game (b) school shoes (c) a third pair of shoes (d) a toy robot
27. 27.True or false: “designer sunglasses” is a want. (a) True (b) False
28. 28.🛒 Need or want: medicine when ill? (a) a want (b) a need
29. 29.Which of these is a want? (a) notebooks for school (b) school shoes (c) a sticker album (d) soap
30. 30.Which of these is a need? (a) drinking water (b) a toy robot (c) a bigger TV (d) a third pair of shoes
31. 31.True or false: “drinking water” is a need. (a) False (b) True
32. 32.True or false: “soap” is a need. (a) True (b) False
33. 33.True or false: “a warm blanket” is a want. (a) True (b) False
34. 34.💡 A need is something… (a) nice but not needed (b) we must have to live (c) made of plastic (d) only rich people buy
35. 35.Which of these is a want? (a) a warm blanket (b) school shoes (c) bus fare to school (d) a video game
36. 36.True or false: “a toy robot” is a need. (a) True (b) False
37. 37.True or false: “a warm blanket” is a need. (a) False (b) True
38. 38.🛒 Need or want: a bigger TV? (a) a need (b) a want
39. 39.🛒 Need or want: designer sunglasses? (a) a want (b) a need
40. 40.🔍 Which is the odd one out? (a) a toy robot (b) bus fare to school (c) a sticker album (d) a bigger TV

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