Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 365 · 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) a fancy phone cover (c) a warm blanket (d) rice and dal
2. 2.Which of these is a need? (a) a video game (b) notebooks for school (c) a third pair of shoes (d) sweets every day
3. 3.Which of these is a want? (a) a sticker album (b) drinking water (c) a school uniform (d) medicine when ill
4. 4.🎯 A want can still be a good business when… (a) it breaks the rules (b) it is not safe (c) nobody likes it (d) many people want it
5. 5.🛒 Need or want: a bigger TV? (a) a want (b) a need
6. 6.🔍 Which is the odd one out? (a) designer sunglasses (b) a roof over your head (c) soap (d) medicine when ill
7. 7.🛒 Need or want: a roof over your head? (a) a want (b) a need
8. 8.True or false: “designer sunglasses” is a want. (a) True (b) False
9. 9.🔍 Which is the odd one out? (a) bus fare to school (b) drinking water (c) a third pair of shoes (d) a school uniform
10. 10.🛒 Need or want: designer sunglasses? (a) a need (b) a want
11. 11.🔍 Which is the odd one out? (a) notebooks for school (b) rice and dal (c) school shoes (d) a sticker album
12. 12.🛒 Need or want: a warm blanket? (a) a want (b) a need
13. 13.True or false: “designer sunglasses” is a need. (a) False (b) True
14. 14.🛍️ Why do businesses that meet needs often sell all year? (a) needs are always free (b) people always need them (c) needs are toys (d) nobody buys needs
15. 15.❄️ On a cold winter morning, which stall would most people want? (a) hot drinks (b) paper fans (c) ice lollies (d) water guns
16. 16.🔍 Which is the odd one out? (a) a fancy phone cover (b) a toy robot (c) a school uniform (d) a third pair of shoes
17. 17.🛒 Need or want: notebooks for school? (a) a need (b) a want
18. 18.🛒 Need or want: a third pair of shoes? (a) a want (b) a need
19. 19.🛒 Need or want: school shoes? (a) a need (b) a want
20. 20.💡 A need is something… (a) only rich people buy (b) we must have to live (c) nice but not needed (d) made of plastic
21. 21.True or false: “a school uniform” is a want. (a) True (b) False
22. 22.Which of these is a need? (a) a third pair of shoes (b) school shoes (c) sweets every day (d) a glitter pen set
23. 23.Which of these is a need? (a) a fancy phone cover (b) a third pair of shoes (c) rice and dal (d) a toy robot
24. 24.☔ In the monsoon, which would sell best at a school gate? (a) woollen sweaters (b) ice lollies (c) paper kites (d) umbrellas and raincoats
25. 25.🔍 Which is the odd one out? (a) drinking water (b) medicine when ill (c) a toy robot (d) a school uniform
26. 26.Which of these is a want? (a) a party dress (b) drinking water (c) a warm blanket (d) rice and dal
27. 27.True or false: “a toy robot” is a need. (a) True (b) False
28. 28.🔍 Which is the odd one out? (a) a glitter pen set (b) designer sunglasses (c) drinking water (d) sweets every day
29. 29.🛒 A family has little money. What should it buy first? (a) the most fun thing (b) the needs (c) the costliest thing (d) the wants
30. 30.🔍 Which is the odd one out? (a) a video game (b) a warm blanket (c) school shoes (d) a school uniform
31. 31.True or false: “sweets every day” is a need. (a) False (b) True
32. 32.🛒 Need or want: a glitter pen set? (a) a need (b) a want
33. 33.True or false: “a roof over your head” is a need. (a) True (b) False
34. 34.Which of these is a need? (a) a sticker album (b) soap (c) a video game (d) designer sunglasses
35. 35.🛒 Need or want: a party dress? (a) a want (b) a need
36. 36.True or false: “a bigger TV” is a need. (a) True (b) False
37. 37.Which of these is a need? (a) a fancy phone cover (b) a toy robot (c) a third pair of shoes (d) a warm blanket
38. 38.Which of these is a want? (a) medicine when ill (b) a roof over your head (c) a glitter pen set (d) school shoes
39. 39.True or false: “soap” is a want. (a) True (b) False
40. 40.True or false: “a third pair of shoes” is a want. (a) False (b) True

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