Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 531 · 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) drinking water (b) rice and dal (c) a glitter pen set (d) medicine when ill
2. 2.Which of these is a want? (a) drinking water (b) a warm blanket (c) a roof over your head (d) a glitter pen set
3. 3.💡 A need is something… (a) only rich people buy (b) made of plastic (c) we must have to live (d) nice but not needed
4. 4.True or false: “a party dress” is a want. (a) True (b) False
5. 5.True or false: “rice and dal” is a want. (a) False (b) True
6. 6.True or false: “a video game” is a need. (a) True (b) False
7. 7.True or false: “a fancy phone cover” is a want. (a) False (b) True
8. 8.True or false: “a bigger TV” is a need. (a) False (b) True
9. 9.Which of these is a need? (a) a glitter pen set (b) a video game (c) a fancy phone cover (d) a school uniform
10. 10.Which of these is a need? (a) a sticker album (b) drinking water (c) designer sunglasses (d) a fancy phone cover
11. 11.🔍 Which is the odd one out? (a) school shoes (b) a sticker album (c) sweets every day (d) designer sunglasses
12. 12.Which of these is a want? (a) school shoes (b) a video game (c) soap (d) a school uniform
13. 13.True or false: “a sticker album” is a need. (a) False (b) True
14. 14.🔍 Which is the odd one out? (a) a bigger TV (b) a sticker album (c) a glitter pen set (d) rice and dal
15. 15.☔ In the monsoon, which would sell best at a school gate? (a) ice lollies (b) paper kites (c) woollen sweaters (d) umbrellas and raincoats
16. 16.🎯 A want can still be a good business when… (a) it is not safe (b) it breaks the rules (c) nobody likes it (d) many people want it
17. 17.🔍 Which is the odd one out? (a) a sticker album (b) a school uniform (c) sweets every day (d) a video game
18. 18.🍱 A tiffin service mostly meets which? (a) a want: toys (b) nothing at all (c) a need: food (d) a want: games
19. 19.True or false: “a third pair of shoes” is a need. (a) False (b) True
20. 20.🔍 Which is the odd one out? (a) a fancy phone cover (b) a party dress (c) a glitter pen set (d) soap
21. 21.🛒 Need or want: a toy robot? (a) a want (b) a need
22. 22.🔍 Which is the odd one out? (a) bus fare to school (b) medicine when ill (c) a bigger TV (d) a roof over your head
23. 23.True or false: “a school uniform” is a need. (a) False (b) True
24. 24.🛒 Need or want: a video game? (a) a need (b) a want
25. 25.True or false: “notebooks for school” is a need. (a) False (b) True
26. 26.True or false: “bus fare to school” is a want. (a) True (b) False
27. 27.🔍 Which is the odd one out? (a) a sticker album (b) a third pair of shoes (c) medicine when ill (d) a toy robot
28. 28.Which of these is a need? (a) a sticker album (b) a glitter pen set (c) a bigger TV (d) school shoes
29. 29.🔍 Which is the odd one out? (a) a video game (b) rice and dal (c) drinking water (d) school shoes
30. 30.True or false: “a warm blanket” is a want. (a) False (b) True
31. 31.True or false: “designer sunglasses” is a need. (a) True (b) False
32. 32.🔍 Which is the odd one out? (a) a third pair of shoes (b) a roof over your head (c) a school uniform (d) soap
33. 33.Which of these is a want? (a) a warm blanket (b) a school uniform (c) sweets every day (d) drinking water
34. 34.Which of these is a need? (a) a party dress (b) a warm blanket (c) a glitter pen set (d) designer sunglasses
35. 35.True or false: “a video game” is a want. (a) True (b) False
36. 36.Which of these is a need? (a) soap (b) a toy robot (c) a glitter pen set (d) sweets every day
37. 37.🛒 Need or want: rice and dal? (a) a need (b) a want
38. 38.Which of these is a need? (a) a roof over your head (b) a third pair of shoes (c) sweets every day (d) a sticker album
39. 39.🛒 Need or want: a roof over your head? (a) a want (b) a need
40. 40.❄️ On a cold winter morning, which stall would most people want? (a) hot drinks (b) ice lollies (c) paper fans (d) water guns

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