Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 434 · 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) soap (b) a school uniform (c) a party dress (d) bus fare to school
2. 2.True or false: “a third pair of shoes” is a want. (a) False (b) True
3. 3.🎯 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
4. 4.True or false: “a sticker album” is a want. (a) False (b) True
5. 5.🛒 Need or want: rice and dal? (a) a need (b) a want
6. 6.Which of these is a need? (a) a toy robot (b) sweets every day (c) bus fare to school (d) designer sunglasses
7. 7.🛍️ Why do businesses that meet needs often sell all year? (a) needs are always free (b) needs are toys (c) people always need them (d) nobody buys needs
8. 8.🛒 Need or want: bus fare to school? (a) a want (b) a need
9. 9.Which of these is a want? (a) rice and dal (b) soap (c) school shoes (d) a sticker album
10. 10.🛒 Need or want: a school uniform? (a) a need (b) a want
11. 11.Which of these is a want? (a) medicine when ill (b) school shoes (c) a bigger TV (d) notebooks for school
12. 12.🛒 Need or want: a sticker album? (a) a need (b) a want
13. 13.💡 A need is something… (a) we must have to live (b) nice but not needed (c) only rich people buy (d) made of plastic
14. 14.🔍 Which is the odd one out? (a) a sticker album (b) a party dress (c) a roof over your head (d) a bigger TV
15. 15.Which of these is a want? (a) rice and dal (b) school shoes (c) notebooks for school (d) a fancy phone cover
16. 16.Which of these is a want? (a) a roof over your head (b) a school uniform (c) designer sunglasses (d) notebooks for school
17. 17.True or false: “bus fare to school” is a want. (a) True (b) False
18. 18.True or false: “rice and dal” is a want. (a) False (b) True
19. 19.Which of these is a want? (a) rice and dal (b) soap (c) a video game (d) school shoes
20. 20.True or false: “a toy robot” is a want. (a) False (b) True
21. 21.🛒 Need or want: a glitter pen set? (a) a want (b) a need
22. 22.🛒 Need or want: drinking water? (a) a want (b) a need
23. 23.Which of these is a need? (a) designer sunglasses (b) a glitter pen set (c) soap (d) a third pair of shoes
24. 24.Which of these is a want? (a) soap (b) drinking water (c) sweets every day (d) a school uniform
25. 25.Which of these is a need? (a) a toy robot (b) a bigger TV (c) designer sunglasses (d) notebooks for school
26. 26.🛒 Need or want: a video game? (a) a want (b) a need
27. 27.Which of these is a want? (a) a roof over your head (b) a glitter pen set (c) notebooks for school (d) school shoes
28. 28.☔ In the monsoon, which would sell best at a school gate? (a) woollen sweaters (b) ice lollies (c) umbrellas and raincoats (d) paper kites
29. 29.🛒 Need or want: a third pair of shoes? (a) a want (b) a need
30. 30.🛒 Need or want: a warm blanket? (a) a need (b) a want
31. 31.🔍 Which is the odd one out? (a) a video game (b) sweets every day (c) soap (d) a sticker album
32. 32.True or false: “a party dress” is a need. (a) False (b) True
33. 33.🔍 Which is the odd one out? (a) sweets every day (b) a toy robot (c) a bigger TV (d) drinking water
34. 34.True or false: “a roof over your head” is a need. (a) True (b) False
35. 35.True or false: “a sticker album” is a need. (a) False (b) True
36. 36.Which of these is a want? (a) a third pair of shoes (b) a warm blanket (c) soap (d) notebooks for school
37. 37.🛒 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
38. 38.❄️ On a cold winter morning, which stall would most people want? (a) hot drinks (b) water guns (c) ice lollies (d) paper fans
39. 39.🔍 Which is the odd one out? (a) soap (b) drinking water (c) medicine when ill (d) sweets every day
40. 40.🔍 Which is the odd one out? (a) a warm blanket (b) a video game (c) rice and dal (d) bus fare to school

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