Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 750 · 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 sticker album (b) a third pair of shoes (c) medicine when ill (d) a fancy phone cover
2. 2.Which of these is a need? (a) a sticker album (b) sweets every day (c) a glitter pen set (d) a warm blanket
3. 3.🛒 Need or want: a roof over your head? (a) a want (b) a need
4. 4.True or false: “soap” is a need. (a) True (b) False
5. 5.True or false: “a toy robot” is a want. (a) False (b) True
6. 6.🎯 A want can still be a good business when… (a) nobody likes it (b) it breaks the rules (c) many people want it (d) it is not safe
7. 7.🛒 Need or want: medicine when ill? (a) a need (b) a want
8. 8.🛒 Need or want: rice and dal? (a) a need (b) a want
9. 9.🛒 Need or want: a warm blanket? (a) a need (b) a want
10. 10.True or false: “a school uniform” is a want. (a) True (b) False
11. 11.True or false: “notebooks for school” is a need. (a) False (b) True
12. 12.True or false: “a toy robot” is a need. (a) True (b) False
13. 13.🛒 Need or want: a party dress? (a) a need (b) a want
14. 14.☔ In the monsoon, which would sell best at a school gate? (a) paper kites (b) ice lollies (c) umbrellas and raincoats (d) woollen sweaters
15. 15.True or false: “medicine when ill” is a need. (a) True (b) False
16. 16.🍱 A tiffin service mostly meets which? (a) nothing at all (b) a want: games (c) a want: toys (d) a need: food
17. 17.Which of these is a need? (a) notebooks for school (b) a third pair of shoes (c) designer sunglasses (d) a video game
18. 18.🔍 Which is the odd one out? (a) a sticker album (b) a video game (c) bus fare to school (d) a fancy phone cover
19. 19.Which of these is a want? (a) school shoes (b) a warm blanket (c) a sticker album (d) medicine when ill
20. 20.🛒 Need or want: notebooks for school? (a) a want (b) a need
21. 21.True or false: “a party dress” is a need. (a) False (b) True
22. 22.True or false: “bus fare to school” is a need. (a) False (b) True
23. 23.Which of these is a want? (a) notebooks for school (b) soap (c) a toy robot (d) drinking water
24. 24.🔍 Which is the odd one out? (a) a video game (b) a bigger TV (c) a glitter pen set (d) rice and dal
25. 25.Which of these is a need? (a) a third pair of shoes (b) bus fare to school (c) a glitter pen set (d) sweets every day
26. 26.Which of these is a want? (a) a school uniform (b) medicine when ill (c) sweets every day (d) rice and dal
27. 27.Which of these is a want? (a) drinking water (b) medicine when ill (c) notebooks for school (d) a fancy phone cover
28. 28.True or false: “school shoes” is a want. (a) True (b) False
29. 29.🔍 Which is the odd one out? (a) a toy robot (b) a school uniform (c) a third pair of shoes (d) a fancy phone cover
30. 30.Which of these is a want? (a) a video game (b) rice and dal (c) a school uniform (d) a warm blanket
31. 31.🛍️ Why do businesses that meet needs often sell all year? (a) people always need them (b) needs are always free (c) needs are toys (d) nobody buys needs
32. 32.Which of these is a need? (a) rice and dal (b) a party dress (c) a toy robot (d) a video game
33. 33.🔍 Which is the odd one out? (a) rice and dal (b) school shoes (c) a party dress (d) notebooks for school
34. 34.💡 A need is something… (a) made of plastic (b) nice but not needed (c) only rich people buy (d) we must have to live
35. 35.Which of these is a want? (a) a school uniform (b) designer sunglasses (c) school shoes (d) drinking water
36. 36.🛒 Need or want: bus fare to school? (a) a need (b) a want
37. 37.🛒 Need or want: a bigger TV? (a) a need (b) a want
38. 38.🔍 Which is the odd one out? (a) rice and dal (b) bus fare to school (c) school shoes (d) a bigger TV
39. 39.True or false: “a third pair of shoes” is a want. (a) False (b) True
40. 40.🛒 Need or want: a third pair of shoes? (a) a need (b) a want

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