Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 26 · 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) medicine when ill (b) designer sunglasses (c) a sticker album (d) a video game
2. 2.True or false: “a school uniform” is a want. (a) True (b) False
3. 3.Which of these is a need? (a) a bigger TV (b) designer sunglasses (c) drinking water (d) a video game
4. 4.🛒 Need or want: rice and dal? (a) a need (b) a want
5. 5.🛒 Need or want: a glitter pen set? (a) a want (b) a need
6. 6.True or false: “a roof over your head” is a want. (a) True (b) False
7. 7.Which of these is a want? (a) soap (b) bus fare to school (c) designer sunglasses (d) a warm blanket
8. 8.🛒 Need or want: soap? (a) a need (b) a want
9. 9.Which of these is a want? (a) bus fare to school (b) notebooks for school (c) medicine when ill (d) a bigger TV
10. 10.🛒 Need or want: a roof over your head? (a) a want (b) a need
11. 11.🔍 Which is the odd one out? (a) a third pair of shoes (b) a video game (c) a school uniform (d) a party dress
12. 12.True or false: “bus fare to school” is a want. (a) True (b) False
13. 13.True or false: “notebooks for school” is a need. (a) False (b) True
14. 14.💡 A need is something… (a) made of plastic (b) we must have to live (c) only rich people buy (d) nice but not needed
15. 15.☔ In the monsoon, which would sell best at a school gate? (a) woollen sweaters (b) umbrellas and raincoats (c) ice lollies (d) paper kites
16. 16.🛒 Need or want: drinking water? (a) a want (b) a need
17. 17.True or false: “a sticker album” is a want. (a) False (b) True
18. 18.❄️ On a cold winter morning, which stall would most people want? (a) water guns (b) hot drinks (c) paper fans (d) ice lollies
19. 19.🔍 Which is the odd one out? (a) a sticker album (b) drinking water (c) a warm blanket (d) school shoes
20. 20.🛒 Need or want: designer sunglasses? (a) a want (b) a need
21. 21.True or false: “sweets every day” is a need. (a) True (b) False
22. 22.🔍 Which is the odd one out? (a) a party dress (b) sweets every day (c) a warm blanket (d) a glitter pen set
23. 23.🛒 Need or want: a toy robot? (a) a need (b) a want
24. 24.🛍️ Why do businesses that meet needs often sell all year? (a) needs are always free (b) nobody buys needs (c) needs are toys (d) people always need them
25. 25.🛒 Need or want: notebooks for school? (a) a need (b) a want
26. 26.True or false: “a fancy phone cover” is a need. (a) True (b) False
27. 27.Which of these is a need? (a) a warm blanket (b) a video game (c) a bigger TV (d) a fancy phone cover
28. 28.🔍 Which is the odd one out? (a) a toy robot (b) sweets every day (c) rice and dal (d) a bigger TV
29. 29.🎯 A want can still be a good business when… (a) nobody likes it (b) many people want it (c) it breaks the rules (d) it is not safe
30. 30.Which of these is a need? (a) a bigger TV (b) designer sunglasses (c) a party dress (d) medicine when ill
31. 31.🔍 Which is the odd one out? (a) drinking water (b) a fancy phone cover (c) rice and dal (d) a warm blanket
32. 32.🛒 Need or want: bus fare to school? (a) a want (b) a need
33. 33.True or false: “a glitter pen set” is a want. (a) True (b) False
34. 34.🔍 Which is the odd one out? (a) a roof over your head (b) bus fare to school (c) a bigger TV (d) rice and dal
35. 35.Which of these is a need? (a) a bigger TV (b) a fancy phone cover (c) school shoes (d) a party dress
36. 36.🔍 Which is the odd one out? (a) medicine when ill (b) a warm blanket (c) a school uniform (d) a video game
37. 37.True or false: “soap” is a want. (a) False (b) True
38. 38.🔍 Which is the odd one out? (a) designer sunglasses (b) a party dress (c) school shoes (d) a third pair of shoes
39. 39.Which of these is a want? (a) notebooks for school (b) soap (c) drinking water (d) a fancy phone cover
40. 40.🔍 Which is the odd one out? (a) a third pair of shoes (b) a glitter pen set (c) soap (d) a bigger TV

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