Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 460 · 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) school shoes (c) designer sunglasses (d) rice and dal
2. 2.🎯 A want can still be a good business when… (a) nobody likes it (b) it is not safe (c) many people want it (d) it breaks the rules
3. 3.🛒 Need or want: a roof over your head? (a) a want (b) a need
4. 4.Which of these is a need? (a) a sticker album (b) a warm blanket (c) a fancy phone cover (d) a third pair of shoes
5. 5.True or false: “rice and dal” is a want. (a) True (b) False
6. 6.🔍 Which is the odd one out? (a) school shoes (b) a school uniform (c) bus fare to school (d) a third pair of shoes
7. 7.True or false: “a fancy phone cover” is a need. (a) False (b) True
8. 8.Which of these is a need? (a) a bigger TV (b) a party dress (c) a glitter pen set (d) school shoes
9. 9.Which of these is a want? (a) a school uniform (b) notebooks for school (c) a party dress (d) medicine when ill
10. 10.🔍 Which is the odd one out? (a) a fancy phone cover (b) a sticker album (c) sweets every day (d) a school uniform
11. 11.True or false: “school shoes” is a need. (a) False (b) True
12. 12.Which of these is a need? (a) a bigger TV (b) drinking water (c) a toy robot (d) a third pair of shoes
13. 13.Which of these is a want? (a) school shoes (b) a roof over your head (c) a glitter pen set (d) drinking water
14. 14.☔ In the monsoon, which would sell best at a school gate? (a) woollen sweaters (b) ice lollies (c) umbrellas and raincoats (d) paper kites
15. 15.🔍 Which is the odd one out? (a) a warm blanket (b) a roof over your head (c) a bigger TV (d) drinking water
16. 16.🔍 Which is the odd one out? (a) a toy robot (b) a warm blanket (c) a glitter pen set (d) a video game
17. 17.Which of these is a want? (a) a sticker album (b) soap (c) a school uniform (d) bus fare to school
18. 18.Which of these is a want? (a) a school uniform (b) designer sunglasses (c) school shoes (d) soap
19. 19.True or false: “a video game” is a need. (a) False (b) True
20. 20.Which of these is a want? (a) school shoes (b) rice and dal (c) notebooks for school (d) a fancy phone cover
21. 21.🛒 Need or want: medicine when ill? (a) a want (b) a need
22. 22.🛒 Need or want: a sticker album? (a) a want (b) a need
23. 23.🛒 A family has little money. What should it buy first? (a) the costliest thing (b) the needs (c) the most fun thing (d) the wants
24. 24.Which of these is a want? (a) drinking water (b) school shoes (c) a bigger TV (d) bus fare to school
25. 25.True or false: “drinking water” is a want. (a) False (b) True
26. 26.True or false: “medicine when ill” is a want. (a) True (b) False
27. 27.🔍 Which is the odd one out? (a) sweets every day (b) notebooks for school (c) a fancy phone cover (d) a video game
28. 28.🛍️ Why do businesses that meet needs often sell all year? (a) needs are toys (b) needs are always free (c) people always need them (d) nobody buys needs
29. 29.💡 A need is something… (a) we must have to live (b) nice but not needed (c) only rich people buy (d) made of plastic
30. 30.🛒 Need or want: a school uniform? (a) a need (b) a want
31. 31.True or false: “a third pair of shoes” is a need. (a) True (b) False
32. 32.Which of these is a want? (a) a warm blanket (b) medicine when ill (c) rice and dal (d) a toy robot
33. 33.True or false: “a bigger TV” is a need. (a) True (b) False
34. 34.True or false: “a warm blanket” is a need. (a) True (b) False
35. 35.🛒 Need or want: designer sunglasses? (a) a want (b) a need
36. 36.🔍 Which is the odd one out? (a) a warm blanket (b) bus fare to school (c) a glitter pen set (d) notebooks for school
37. 37.🛒 Need or want: school shoes? (a) a need (b) a want
38. 38.True or false: “a roof over your head” is a want. (a) False (b) True
39. 39.True or false: “drinking water” is a need. (a) True (b) False
40. 40.True or false: “rice and dal” is a need. (a) True (b) False

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