Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 515 · 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) sweets every day (c) soap (d) medicine when ill
2. 2.🔍 Which is the odd one out? (a) bus fare to school (b) school shoes (c) a party dress (d) soap
3. 3.🛒 Need or want: sweets every day? (a) a want (b) a need
4. 4.🛒 Need or want: a third pair of shoes? (a) a need (b) a want
5. 5.Which of these is a want? (a) a video game (b) a roof over your head (c) soap (d) school shoes
6. 6.❄️ On a cold winter morning, which stall would most people want? (a) paper fans (b) ice lollies (c) hot drinks (d) water guns
7. 7.Which of these is a want? (a) rice and dal (b) a toy robot (c) a warm blanket (d) medicine when ill
8. 8.Which of these is a want? (a) a fancy phone cover (b) school shoes (c) drinking water (d) notebooks for school
9. 9.🛒 Need or want: bus fare to school? (a) a want (b) a need
10. 10.Which of these is a need? (a) a fancy phone cover (b) a toy robot (c) a glitter pen set (d) medicine when ill
11. 11.True or false: “a warm blanket” is a want. (a) True (b) False
12. 12.🔍 Which is the odd one out? (a) soap (b) medicine when ill (c) a school uniform (d) a glitter pen set
13. 13.Which of these is a need? (a) a glitter pen set (b) a third pair of shoes (c) school shoes (d) designer sunglasses
14. 14.🔍 Which is the odd one out? (a) designer sunglasses (b) school shoes (c) a roof over your head (d) bus fare to school
15. 15.🍱 A tiffin service mostly meets which? (a) a need: food (b) nothing at all (c) a want: toys (d) a want: games
16. 16.🛒 Need or want: notebooks for school? (a) a need (b) a want
17. 17.🛒 Need or want: a video game? (a) a need (b) a want
18. 18.True or false: “notebooks for school” is a need. (a) True (b) False
19. 19.Which of these is a need? (a) a party dress (b) a glitter pen set (c) soap (d) a toy robot
20. 20.🛍️ Why do businesses that meet needs often sell all year? (a) needs are toys (b) nobody buys needs (c) needs are always free (d) people always need them
21. 21.🎯 A want can still be a good business when… (a) it is not safe (b) nobody likes it (c) it breaks the rules (d) many people want it
22. 22.🔍 Which is the odd one out? (a) a toy robot (b) a video game (c) a fancy phone cover (d) school shoes
23. 23.🛒 Need or want: medicine when ill? (a) a want (b) a need
24. 24.True or false: “a fancy phone cover” is a want. (a) False (b) True
25. 25.🛒 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
26. 26.💡 A need is something… (a) nice but not needed (b) we must have to live (c) only rich people buy (d) made of plastic
27. 27.🔍 Which is the odd one out? (a) a bigger TV (b) a party dress (c) a toy robot (d) a school uniform
28. 28.🔍 Which is the odd one out? (a) bus fare to school (b) a fancy phone cover (c) a party dress (d) a bigger TV
29. 29.🛒 Need or want: a party dress? (a) a want (b) a need
30. 30.🛒 Need or want: a roof over your head? (a) a need (b) a want
31. 31.🛒 Need or want: a school uniform? (a) a want (b) a need
32. 32.☔ In the monsoon, which would sell best at a school gate? (a) woollen sweaters (b) ice lollies (c) paper kites (d) umbrellas and raincoats
33. 33.🔍 Which is the odd one out? (a) a bigger TV (b) medicine when ill (c) rice and dal (d) school shoes
34. 34.Which of these is a need? (a) a fancy phone cover (b) a warm blanket (c) a toy robot (d) a video game
35. 35.True or false: “a toy robot” is a want. (a) True (b) False
36. 36.🔍 Which is the odd one out? (a) bus fare to school (b) a roof over your head (c) medicine when ill (d) a fancy phone cover
37. 37.Which of these is a want? (a) sweets every day (b) drinking water (c) notebooks for school (d) a school uniform
38. 38.🔍 Which is the odd one out? (a) a sticker album (b) a video game (c) a glitter pen set (d) notebooks for school
39. 39.True or false: “medicine when ill” is a need. (a) True (b) False
40. 40.Which of these is a want? (a) rice and dal (b) a school uniform (c) a party dress (d) medicine when ill

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