Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 570 · 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) soap (c) a bigger TV (d) notebooks for school
2. 2.🍱 A tiffin service mostly meets which? (a) a want: games (b) nothing at all (c) a need: food (d) a want: toys
3. 3.True or false: “a video game” is a want. (a) False (b) True
4. 4.True or false: “school shoes” is a want. (a) False (b) True
5. 5.🎯 A want can still be a good business when… (a) it is not safe (b) many people want it (c) nobody likes it (d) it breaks the rules
6. 6.Which of these is a need? (a) drinking water (b) designer sunglasses (c) a third pair of shoes (d) a video game
7. 7.🛒 A family has little money. What should it buy first? (a) the costliest thing (b) the wants (c) the most fun thing (d) the needs
8. 8.🔍 Which is the odd one out? (a) notebooks for school (b) a glitter pen set (c) drinking water (d) a school uniform
9. 9.True or false: “drinking water” is a want. (a) True (b) False
10. 10.Which of these is a want? (a) a warm blanket (b) bus fare to school (c) drinking water (d) a third pair of shoes
11. 11.🛒 Need or want: a sticker album? (a) a need (b) a want
12. 12.🛍️ Why do businesses that meet needs often sell all year? (a) nobody buys needs (b) needs are always free (c) needs are toys (d) people always need them
13. 13.🛒 Need or want: a warm blanket? (a) a want (b) a need
14. 14.True or false: “soap” is a need. (a) True (b) False
15. 15.Which of these is a need? (a) a third pair of shoes (b) bus fare to school (c) a toy robot (d) a video game
16. 16.Which of these is a want? (a) bus fare to school (b) rice and dal (c) designer sunglasses (d) soap
17. 17.True or false: “a third pair of shoes” is a need. (a) True (b) False
18. 18.🔍 Which is the odd one out? (a) a video game (b) a warm blanket (c) notebooks for school (d) medicine when ill
19. 19.💡 A need is something… (a) we must have to live (b) only rich people buy (c) made of plastic (d) nice but not needed
20. 20.🛒 Need or want: school shoes? (a) a want (b) a need
21. 21.True or false: “notebooks for school” is a need. (a) False (b) True
22. 22.🔍 Which is the odd one out? (a) soap (b) designer sunglasses (c) rice and dal (d) medicine when ill
23. 23.❄️ On a cold winter morning, which stall would most people want? (a) ice lollies (b) hot drinks (c) water guns (d) paper fans
24. 24.🛒 Need or want: medicine when ill? (a) a want (b) a need
25. 25.True or false: “a school uniform” is a want. (a) False (b) True
26. 26.🔍 Which is the odd one out? (a) a school uniform (b) designer sunglasses (c) sweets every day (d) a glitter pen set
27. 27.🛒 Need or want: notebooks for school? (a) a need (b) a want
28. 28.🛒 Need or want: soap? (a) a want (b) a need
29. 29.🔍 Which is the odd one out? (a) rice and dal (b) soap (c) a toy robot (d) bus fare to school
30. 30.Which of these is a want? (a) drinking water (b) a bigger TV (c) rice and dal (d) school shoes
31. 31.True or false: “a roof over your head” is a want. (a) False (b) True
32. 32.🔍 Which is the odd one out? (a) a third pair of shoes (b) a fancy phone cover (c) drinking water (d) a party dress
33. 33.Which of these is a want? (a) a warm blanket (b) drinking water (c) a glitter pen set (d) school shoes
34. 34.🛒 Need or want: a video game? (a) a want (b) a need
35. 35.🔍 Which is the odd one out? (a) medicine when ill (b) bus fare to school (c) a warm blanket (d) a third pair of shoes
36. 36.True or false: “a glitter pen set” is a want. (a) False (b) True
37. 37.🛒 Need or want: rice and dal? (a) a need (b) a want
38. 38.🔍 Which is the odd one out? (a) rice and dal (b) drinking water (c) sweets every day (d) school shoes
39. 39.🔍 Which is the odd one out? (a) a glitter pen set (b) a video game (c) bus fare to school (d) a third pair of shoes
40. 40.True or false: “a fancy phone cover” is a need. (a) True (b) False

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