Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 752 · 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) medicine when ill (b) a warm blanket (c) a roof over your head (d) a sticker album
2. 2.Which of these is a need? (a) school shoes (b) designer sunglasses (c) a party dress (d) a third pair of shoes
3. 3.🎯 A want can still be a good business when… (a) it breaks the rules (b) it is not safe (c) nobody likes it (d) many people want it
4. 4.🛒 Need or want: a third pair of shoes? (a) a want (b) a need
5. 5.Which of these is a need? (a) a fancy phone cover (b) a party dress (c) a roof over your head (d) a toy robot
6. 6.Which of these is a want? (a) a sticker album (b) rice and dal (c) a school uniform (d) soap
7. 7.🔍 Which is the odd one out? (a) notebooks for school (b) a video game (c) sweets every day (d) designer sunglasses
8. 8.True or false: “sweets every day” is a need. (a) False (b) True
9. 9.🛒 Need or want: a fancy phone cover? (a) a need (b) a want
10. 10.Which of these is a need? (a) a sticker album (b) designer sunglasses (c) sweets every day (d) medicine when ill
11. 11.🔍 Which is the odd one out? (a) rice and dal (b) sweets every day (c) designer sunglasses (d) a sticker album
12. 12.🔍 Which is the odd one out? (a) a glitter pen set (b) a sticker album (c) a fancy phone cover (d) drinking water
13. 13.🔍 Which is the odd one out? (a) a fancy phone cover (b) a party dress (c) designer sunglasses (d) soap
14. 14.🛒 Need or want: a bigger TV? (a) a need (b) a want
15. 15.True or false: “a school uniform” is a need. (a) True (b) False
16. 16.Which of these is a need? (a) a video game (b) rice and dal (c) a glitter pen set (d) a sticker album
17. 17.Which of these is a need? (a) a third pair of shoes (b) a warm blanket (c) a video game (d) a fancy phone cover
18. 18.True or false: “a toy robot” is a need. (a) False (b) True
19. 19.True or false: “bus fare to school” is a need. (a) False (b) True
20. 20.☔ In the monsoon, which would sell best at a school gate? (a) umbrellas and raincoats (b) ice lollies (c) woollen sweaters (d) paper kites
21. 21.🔍 Which is the odd one out? (a) bus fare to school (b) school shoes (c) a video game (d) a school uniform
22. 22.🛍️ 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
23. 23.True or false: “a glitter pen set” is a want. (a) False (b) True
24. 24.🔍 Which is the odd one out? (a) designer sunglasses (b) a warm blanket (c) a glitter pen set (d) a toy robot
25. 25.Which of these is a need? (a) sweets every day (b) bus fare to school (c) a bigger TV (d) a sticker album
26. 26.True or false: “a warm blanket” is a want. (a) False (b) True
27. 27.🛒 Need or want: designer sunglasses? (a) a need (b) a want
28. 28.🔍 Which is the odd one out? (a) a video game (b) a glitter pen set (c) school shoes (d) a fancy phone cover
29. 29.🔍 Which is the odd one out? (a) medicine when ill (b) a third pair of shoes (c) a roof over your head (d) drinking water
30. 30.Which of these is a want? (a) soap (b) a roof over your head (c) a video game (d) rice and dal
31. 31.🛒 A family has little money. What should it buy first? (a) the needs (b) the wants (c) the most fun thing (d) the costliest thing
32. 32.True or false: “medicine when ill” is a need. (a) False (b) True
33. 33.🛒 Need or want: a video game? (a) a need (b) a want
34. 34.🛒 Need or want: a warm blanket? (a) a need (b) a want
35. 35.🛒 Need or want: school shoes? (a) a want (b) a need
36. 36.💡 A need is something… (a) made of plastic (b) only rich people buy (c) nice but not needed (d) we must have to live
37. 37.🔍 Which is the odd one out? (a) a school uniform (b) a video game (c) a sticker album (d) a third pair of shoes
38. 38.🔍 Which is the odd one out? (a) a sticker album (b) sweets every day (c) a fancy phone cover (d) a roof over your head
39. 39.True or false: “rice and dal” is a want. (a) True (b) False
40. 40.🛒 Need or want: a school uniform? (a) a want (b) a need

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