Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 717 · 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) a video game (c) a fancy phone cover (d) designer sunglasses
2. 2.🔍 Which is the odd one out? (a) notebooks for school (b) a warm blanket (c) drinking water (d) designer sunglasses
3. 3.True or false: “a third pair of shoes” is a need. (a) False (b) True
4. 4.💡 A need is something… (a) nice but not needed (b) made of plastic (c) only rich people buy (d) we must have to live
5. 5.🔍 Which is the odd one out? (a) a fancy phone cover (b) medicine when ill (c) designer sunglasses (d) a video game
6. 6.🔍 Which is the odd one out? (a) bus fare to school (b) a toy robot (c) school shoes (d) notebooks for school
7. 7.🎯 A want can still be a good business when… (a) it is not safe (b) it breaks the rules (c) many people want it (d) nobody likes it
8. 8.Which of these is a want? (a) soap (b) a warm blanket (c) a school uniform (d) a third pair of shoes
9. 9.🔍 Which is the odd one out? (a) a bigger TV (b) a fancy phone cover (c) a school uniform (d) designer sunglasses
10. 10.True or false: “soap” is a need. (a) True (b) False
11. 11.Which of these is a need? (a) a sticker album (b) a third pair of shoes (c) notebooks for school (d) a glitter pen set
12. 12.🛒 Need or want: rice and dal? (a) a want (b) a need
13. 13.Which of these is a need? (a) rice and dal (b) designer sunglasses (c) a party dress (d) a glitter pen set
14. 14.Which of these is a need? (a) a party dress (b) school shoes (c) a fancy phone cover (d) sweets every day
15. 15.Which of these is a want? (a) a sticker album (b) notebooks for school (c) drinking water (d) a roof over your head
16. 16.Which of these is a need? (a) sweets every day (b) a party dress (c) a sticker album (d) drinking water
17. 17.🛒 Need or want: sweets every day? (a) a want (b) a need
18. 18.Which of these is a need? (a) designer sunglasses (b) a glitter pen set (c) bus fare to school (d) a fancy phone cover
19. 19.True or false: “a video game” is a need. (a) True (b) False
20. 20.🛍️ Why do businesses that meet needs often sell all year? (a) nobody buys needs (b) people always need them (c) needs are always free (d) needs are toys
21. 21.True or false: “medicine when ill” is a need. (a) False (b) True
22. 22.True or false: “medicine when ill” is a want. (a) False (b) True
23. 23.🍱 A tiffin service mostly meets which? (a) a need: food (b) nothing at all (c) a want: games (d) a want: toys
24. 24.🛒 Need or want: a bigger TV? (a) a need (b) a want
25. 25.🛒 A family has little money. What should it buy first? (a) the most fun thing (b) the wants (c) the costliest thing (d) the needs
26. 26.True or false: “a third pair of shoes” is a want. (a) False (b) True
27. 27.🔍 Which is the odd one out? (a) a sticker album (b) notebooks for school (c) school shoes (d) rice and dal
28. 28.❄️ On a cold winter morning, which stall would most people want? (a) paper fans (b) water guns (c) ice lollies (d) hot drinks
29. 29.Which of these is a need? (a) a sticker album (b) a bigger TV (c) sweets every day (d) medicine when ill
30. 30.🛒 Need or want: a third pair of shoes? (a) a want (b) a need
31. 31.True or false: “a bigger TV” is a want. (a) True (b) False
32. 32.🛒 Need or want: medicine when ill? (a) a want (b) a need
33. 33.☔ In the monsoon, which would sell best at a school gate? (a) paper kites (b) woollen sweaters (c) ice lollies (d) umbrellas and raincoats
34. 34.🛒 Need or want: a video game? (a) a need (b) a want
35. 35.🔍 Which is the odd one out? (a) a sticker album (b) rice and dal (c) designer sunglasses (d) a third pair of shoes
36. 36.Which of these is a want? (a) rice and dal (b) drinking water (c) bus fare to school (d) designer sunglasses
37. 37.Which of these is a need? (a) designer sunglasses (b) a toy robot (c) a sticker album (d) soap
38. 38.🔍 Which is the odd one out? (a) a roof over your head (b) soap (c) medicine when ill (d) a video game
39. 39.Which of these is a want? (a) a toy robot (b) medicine when ill (c) a warm blanket (d) a school uniform
40. 40.True or false: “rice and dal” is a want. (a) False (b) True

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