Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 522 · 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) a sticker album (c) a third pair of shoes (d) a video game
2. 2.🔍 Which is the odd one out? (a) a toy robot (b) a warm blanket (c) a bigger TV (d) a video game
3. 3.🔍 Which is the odd one out? (a) a school uniform (b) rice and dal (c) designer sunglasses (d) school shoes
4. 4.🛒 Need or want: a bigger TV? (a) a want (b) a need
5. 5.True or false: “a warm blanket” is a need. (a) False (b) True
6. 6.🎯 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
7. 7.🛒 Need or want: medicine when ill? (a) a need (b) a want
8. 8.Which of these is a need? (a) a third pair of shoes (b) soap (c) a bigger TV (d) a party dress
9. 9.Which of these is a need? (a) drinking water (b) sweets every day (c) a video game (d) a fancy phone cover
10. 10.🔍 Which is the odd one out? (a) bus fare to school (b) medicine when ill (c) a third pair of shoes (d) school shoes
11. 11.Which of these is a want? (a) sweets every day (b) rice and dal (c) a warm blanket (d) medicine when ill
12. 12.🛍️ Why do businesses that meet needs often sell all year? (a) nobody buys needs (b) people always need them (c) needs are always free (d) needs are toys
13. 13.🔍 Which is the odd one out? (a) a roof over your head (b) a video game (c) medicine when ill (d) bus fare to school
14. 14.🛒 A family has little money. What should it buy first? (a) the needs (b) the costliest thing (c) the most fun thing (d) the wants
15. 15.🔍 Which is the odd one out? (a) a roof over your head (b) a fancy phone cover (c) drinking water (d) soap
16. 16.Which of these is a need? (a) a toy robot (b) a party dress (c) sweets every day (d) a roof over your head
17. 17.💡 A need is something… (a) we must have to live (b) only rich people buy (c) made of plastic (d) nice but not needed
18. 18.True or false: “a sticker album” is a need. (a) True (b) False
19. 19.True or false: “medicine when ill” is a need. (a) True (b) False
20. 20.True or false: “a third pair of shoes” is a need. (a) True (b) False
21. 21.True or false: “school shoes” is a want. (a) False (b) True
22. 22.🔍 Which is the odd one out? (a) a video game (b) a toy robot (c) notebooks for school (d) sweets every day
23. 23.True or false: “bus fare to school” is a need. (a) False (b) True
24. 24.Which of these is a need? (a) sweets every day (b) bus fare to school (c) a third pair of shoes (d) a party dress
25. 25.❄️ On a cold winter morning, which stall would most people want? (a) water guns (b) paper fans (c) ice lollies (d) hot drinks
26. 26.Which of these is a need? (a) a glitter pen set (b) a third pair of shoes (c) rice and dal (d) a toy robot
27. 27.🔍 Which is the odd one out? (a) designer sunglasses (b) a fancy phone cover (c) a third pair of shoes (d) school shoes
28. 28.🛒 Need or want: drinking water? (a) a need (b) a want
29. 29.Which of these is a need? (a) medicine when ill (b) a sticker album (c) a party dress (d) a toy robot
30. 30.🔍 Which is the odd one out? (a) a sticker album (b) soap (c) a warm blanket (d) drinking water
31. 31.🛒 Need or want: sweets every day? (a) a need (b) a want
32. 32.True or false: “a bigger TV” is a want. (a) True (b) False
33. 33.🛒 Need or want: a roof over your head? (a) a need (b) a want
34. 34.Which of these is a want? (a) rice and dal (b) a toy robot (c) drinking water (d) a warm blanket
35. 35.True or false: “a roof over your head” is a need. (a) False (b) True
36. 36.Which of these is a want? (a) rice and dal (b) a school uniform (c) a glitter pen set (d) soap
37. 37.Which of these is a want? (a) notebooks for school (b) school shoes (c) a bigger TV (d) medicine when ill
38. 38.True or false: “a glitter pen set” is a need. (a) True (b) False
39. 39.🔍 Which is the odd one out? (a) a bigger TV (b) a roof over your head (c) a warm blanket (d) school shoes
40. 40.🔍 Which is the odd one out? (a) bus fare to school (b) school shoes (c) drinking water (d) a party dress

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