Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 625 · 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.☔ In the monsoon, which would sell best at a school gate? (a) umbrellas and raincoats (b) paper kites (c) ice lollies (d) woollen sweaters
2. 2.🔍 Which is the odd one out? (a) a fancy phone cover (b) a school uniform (c) soap (d) drinking water
3. 3.True or false: “rice and dal” is a want. (a) False (b) True
4. 4.🛒 Need or want: drinking water? (a) a need (b) a want
5. 5.True or false: “designer sunglasses” is a need. (a) False (b) True
6. 6.🍱 A tiffin service mostly meets which? (a) nothing at all (b) a want: toys (c) a need: food (d) a want: games
7. 7.🔍 Which is the odd one out? (a) soap (b) notebooks for school (c) a roof over your head (d) a video game
8. 8.Which of these is a want? (a) school shoes (b) a school uniform (c) soap (d) a video game
9. 9.🔍 Which is the odd one out? (a) medicine when ill (b) a warm blanket (c) a glitter pen set (d) school shoes
10. 10.🛒 Need or want: a party dress? (a) a need (b) a want
11. 11.🔍 Which is the odd one out? (a) a school uniform (b) a glitter pen set (c) a third pair of shoes (d) a toy robot
12. 12.🛒 Need or want: a fancy phone cover? (a) a want (b) a need
13. 13.True or false: “rice and dal” is a need. (a) True (b) False
14. 14.True or false: “school shoes” is a need. (a) True (b) False
15. 15.🛒 Need or want: sweets every day? (a) a want (b) a need
16. 16.🛒 Need or want: a glitter pen set? (a) a need (b) a want
17. 17.🛍️ Why do businesses that meet needs often sell all year? (a) needs are toys (b) nobody buys needs (c) people always need them (d) needs are always free
18. 18.🔍 Which is the odd one out? (a) a third pair of shoes (b) notebooks for school (c) a toy robot (d) a video game
19. 19.🔍 Which is the odd one out? (a) a toy robot (b) a fancy phone cover (c) a bigger TV (d) a warm blanket
20. 20.Which of these is a need? (a) a school uniform (b) a video game (c) a toy robot (d) designer sunglasses
21. 21.🔍 Which is the odd one out? (a) soap (b) notebooks for school (c) school shoes (d) a toy robot
22. 22.🛒 A family has little money. What should it buy first? (a) the most fun thing (b) the needs (c) the wants (d) the costliest thing
23. 23.🔍 Which is the odd one out? (a) a fancy phone cover (b) a bigger TV (c) a sticker album (d) school shoes
24. 24.True or false: “school shoes” is a want. (a) True (b) False
25. 25.Which of these is a want? (a) rice and dal (b) a warm blanket (c) a roof over your head (d) a bigger TV
26. 26.Which of these is a need? (a) a video game (b) a warm blanket (c) designer sunglasses (d) a toy robot
27. 27.Which of these is a want? (a) a toy robot (b) rice and dal (c) drinking water (d) a warm blanket
28. 28.Which of these is a need? (a) sweets every day (b) a video game (c) a glitter pen set (d) rice and dal
29. 29.Which of these is a need? (a) a bigger TV (b) a third pair of shoes (c) bus fare to school (d) a video game
30. 30.❄️ On a cold winter morning, which stall would most people want? (a) ice lollies (b) water guns (c) paper fans (d) hot drinks
31. 31.🔍 Which is the odd one out? (a) a school uniform (b) notebooks for school (c) a party dress (d) soap
32. 32.🛒 Need or want: medicine when ill? (a) a need (b) a want
33. 33.🔍 Which is the odd one out? (a) bus fare to school (b) a video game (c) a fancy phone cover (d) a glitter pen set
34. 34.True or false: “sweets every day” is a need. (a) False (b) True
35. 35.Which of these is a want? (a) a party dress (b) soap (c) rice and dal (d) notebooks for school
36. 36.True or false: “soap” is a need. (a) True (b) False
37. 37.Which of these is a need? (a) a third pair of shoes (b) soap (c) a party dress (d) a video game
38. 38.💡 A need is something… (a) nice but not needed (b) we must have to live (c) only rich people buy (d) made of plastic
39. 39.🛒 Need or want: school shoes? (a) a need (b) a want
40. 40.True or false: “soap” is a want. (a) True (b) False

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