Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 66 · 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) a fancy phone cover (b) a party dress (c) a roof over your head (d) designer sunglasses
2. 2.🛒 Need or want: a glitter pen set? (a) a want (b) a need
3. 3.🛒 Need or want: rice and dal? (a) a want (b) a need
4. 4.Which of these is a want? (a) drinking water (b) a school uniform (c) a fancy phone cover (d) bus fare to school
5. 5.Which of these is a need? (a) a third pair of shoes (b) a party dress (c) sweets every day (d) a school uniform
6. 6.True or false: “notebooks for school” is a want. (a) False (b) True
7. 7.True or false: “designer sunglasses” is a need. (a) True (b) False
8. 8.🎯 A want can still be a good business when… (a) it is not safe (b) nobody likes it (c) many people want it (d) it breaks the rules
9. 9.Which of these is a need? (a) a sticker album (b) a party dress (c) designer sunglasses (d) a roof over your head
10. 10.🍱 A tiffin service mostly meets which? (a) a want: games (b) a need: food (c) a want: toys (d) nothing at all
11. 11.🛍️ Why do businesses that meet needs often sell all year? (a) needs are always free (b) people always need them (c) nobody buys needs (d) needs are toys
12. 12.🔍 Which is the odd one out? (a) a bigger TV (b) sweets every day (c) a fancy phone cover (d) drinking water
13. 13.🔍 Which is the odd one out? (a) a toy robot (b) bus fare to school (c) a fancy phone cover (d) a third pair of shoes
14. 14.True or false: “drinking water” is a need. (a) False (b) True
15. 15.☔ In the monsoon, which would sell best at a school gate? (a) paper kites (b) ice lollies (c) woollen sweaters (d) umbrellas and raincoats
16. 16.🔍 Which is the odd one out? (a) a warm blanket (b) designer sunglasses (c) drinking water (d) soap
17. 17.Which of these is a want? (a) bus fare to school (b) a sticker album (c) drinking water (d) a school uniform
18. 18.🛒 Need or want: a third pair of shoes? (a) a need (b) a want
19. 19.Which of these is a want? (a) designer sunglasses (b) bus fare to school (c) notebooks for school (d) a school uniform
20. 20.Which of these is a need? (a) a glitter pen set (b) a third pair of shoes (c) a sticker album (d) soap
21. 21.🔍 Which is the odd one out? (a) a school uniform (b) a glitter pen set (c) medicine when ill (d) a warm blanket
22. 22.🔍 Which is the odd one out? (a) a bigger TV (b) a glitter pen set (c) a third pair of shoes (d) soap
23. 23.Which of these is a want? (a) soap (b) a school uniform (c) a toy robot (d) bus fare to school
24. 24.🛒 A family has little money. What should it buy first? (a) the wants (b) the most fun thing (c) the costliest thing (d) the needs
25. 25.🔍 Which is the odd one out? (a) a roof over your head (b) a warm blanket (c) bus fare to school (d) a bigger TV
26. 26.Which of these is a want? (a) drinking water (b) a school uniform (c) a bigger TV (d) a roof over your head
27. 27.🛒 Need or want: soap? (a) a need (b) a want
28. 28.True or false: “school shoes” is a need. (a) True (b) False
29. 29.❄️ On a cold winter morning, which stall would most people want? (a) paper fans (b) ice lollies (c) water guns (d) hot drinks
30. 30.True or false: “a fancy phone cover” is a want. (a) True (b) False
31. 31.🛒 Need or want: a fancy phone cover? (a) a want (b) a need
32. 32.🔍 Which is the odd one out? (a) a video game (b) a warm blanket (c) a toy robot (d) sweets every day
33. 33.Which of these is a need? (a) sweets every day (b) a glitter pen set (c) bus fare to school (d) designer sunglasses
34. 34.True or false: “bus fare to school” is a want. (a) True (b) False
35. 35.Which of these is a need? (a) a glitter pen set (b) sweets every day (c) notebooks for school (d) a video game
36. 36.🛒 Need or want: medicine when ill? (a) a want (b) a need
37. 37.True or false: “a glitter pen set” is a need. (a) True (b) False
38. 38.Which of these is a need? (a) a glitter pen set (b) school shoes (c) designer sunglasses (d) a sticker album
39. 39.Which of these is a need? (a) a glitter pen set (b) a fancy phone cover (c) a video game (d) a warm blanket
40. 40.💡 A need is something… (a) only rich people buy (b) made of plastic (c) we must have to live (d) nice but not needed

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