Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 679 · 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 warm blanket (b) a school uniform (c) medicine when ill (d) designer sunglasses
2. 2.🔍 Which is the odd one out? (a) a warm blanket (b) sweets every day (c) a toy robot (d) a party dress
3. 3.Which of these is a need? (a) sweets every day (b) a bigger TV (c) drinking water (d) a sticker album
4. 4.💡 A need is something… (a) nice but not needed (b) only rich people buy (c) made of plastic (d) we must have to live
5. 5.🛒 Need or want: soap? (a) a need (b) a want
6. 6.Which of these is a want? (a) a school uniform (b) medicine when ill (c) a roof over your head (d) a party dress
7. 7.🔍 Which is the odd one out? (a) a bigger TV (b) a party dress (c) a glitter pen set (d) bus fare to school
8. 8.☔ In the monsoon, which would sell best at a school gate? (a) umbrellas and raincoats (b) ice lollies (c) paper kites (d) woollen sweaters
9. 9.🛒 Need or want: drinking water? (a) a want (b) a need
10. 10.Which of these is a want? (a) notebooks for school (b) drinking water (c) a toy robot (d) rice and dal
11. 11.🛍️ Why do businesses that meet needs often sell all year? (a) needs are toys (b) nobody buys needs (c) needs are always free (d) people always need them
12. 12.Which of these is a want? (a) soap (b) designer sunglasses (c) a roof over your head (d) bus fare to school
13. 13.True or false: “a party dress” is a want. (a) False (b) True
14. 14.True or false: “a glitter pen set” is a want. (a) True (b) False
15. 15.🛒 Need or want: a party dress? (a) a want (b) a need
16. 16.🔍 Which is the odd one out? (a) rice and dal (b) a sticker album (c) medicine when ill (d) a school uniform
17. 17.Which of these is a need? (a) bus fare to school (b) a toy robot (c) a fancy phone cover (d) sweets every day
18. 18.True or false: “soap” is a want. (a) True (b) False
19. 19.🔍 Which is the odd one out? (a) designer sunglasses (b) a party dress (c) a sticker album (d) notebooks for school
20. 20.🛒 Need or want: a school uniform? (a) a want (b) a need
21. 21.🔍 Which is the odd one out? (a) a video game (b) a school uniform (c) notebooks for school (d) soap
22. 22.🛒 Need or want: school shoes? (a) a want (b) a need
23. 23.Which of these is a need? (a) a roof over your head (b) a sticker album (c) a party dress (d) a fancy phone cover
24. 24.🛒 A family has little money. What should it buy first? (a) the costliest thing (b) the most fun thing (c) the wants (d) the needs
25. 25.True or false: “sweets every day” is a need. (a) True (b) False
26. 26.True or false: “designer sunglasses” is a need. (a) False (b) True
27. 27.True or false: “a video game” is a need. (a) False (b) True
28. 28.🛒 Need or want: a sticker album? (a) a need (b) a want
29. 29.🎯 A want can still be a good business when… (a) many people want it (b) it is not safe (c) it breaks the rules (d) nobody likes it
30. 30.❄️ On a cold winter morning, which stall would most people want? (a) paper fans (b) water guns (c) ice lollies (d) hot drinks
31. 31.🍱 A tiffin service mostly meets which? (a) a want: toys (b) nothing at all (c) a need: food (d) a want: games
32. 32.🛒 Need or want: a third pair of shoes? (a) a need (b) a want
33. 33.Which of these is a need? (a) a fancy phone cover (b) school shoes (c) designer sunglasses (d) a glitter pen set
34. 34.🔍 Which is the odd one out? (a) a sticker album (b) a third pair of shoes (c) a glitter pen set (d) medicine when ill
35. 35.🔍 Which is the odd one out? (a) a bigger TV (b) sweets every day (c) a glitter pen set (d) rice and dal
36. 36.True or false: “drinking water” is a want. (a) True (b) False
37. 37.True or false: “a third pair of shoes” is a need. (a) True (b) False
38. 38.Which of these is a need? (a) a third pair of shoes (b) a warm blanket (c) sweets every day (d) a sticker album
39. 39.🛒 Need or want: a warm blanket? (a) a need (b) a want
40. 40.🔍 Which is the odd one out? (a) a toy robot (b) a party dress (c) a glitter pen set (d) a roof over your head

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