Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 791 · 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) soap (d) sweets every day
2. 2.🛍️ Why do businesses that meet needs often sell all year? (a) needs are toys (b) needs are always free (c) people always need them (d) nobody buys needs
3. 3.☔ In the monsoon, which would sell best at a school gate? (a) woollen sweaters (b) paper kites (c) umbrellas and raincoats (d) ice lollies
4. 4.🛒 Need or want: drinking water? (a) a want (b) a need
5. 5.🛒 Need or want: a party dress? (a) a need (b) a want
6. 6.🛒 Need or want: soap? (a) a want (b) a need
7. 7.🛒 Need or want: a school uniform? (a) a want (b) a need
8. 8.🎯 A want can still be a good business when… (a) it breaks the rules (b) nobody likes it (c) it is not safe (d) many people want it
9. 9.True or false: “school shoes” is a want. (a) False (b) True
10. 10.🔍 Which is the odd one out? (a) a roof over your head (b) a party dress (c) a video game (d) a glitter pen set
11. 11.🔍 Which is the odd one out? (a) designer sunglasses (b) drinking water (c) medicine when ill (d) a warm blanket
12. 12.Which of these is a need? (a) a toy robot (b) drinking water (c) a fancy phone cover (d) designer sunglasses
13. 13.🍱 A tiffin service mostly meets which? (a) nothing at all (b) a want: toys (c) a need: food (d) a want: games
14. 14.Which of these is a want? (a) bus fare to school (b) notebooks for school (c) a school uniform (d) a video game
15. 15.Which of these is a need? (a) designer sunglasses (b) a sticker album (c) a school uniform (d) a glitter pen set
16. 16.True or false: “soap” is a need. (a) False (b) True
17. 17.❄️ On a cold winter morning, which stall would most people want? (a) water guns (b) ice lollies (c) hot drinks (d) paper fans
18. 18.🛒 Need or want: a warm blanket? (a) a need (b) a want
19. 19.True or false: “medicine when ill” is a want. (a) False (b) True
20. 20.🛒 Need or want: a roof over your head? (a) a need (b) a want
21. 21.True or false: “notebooks for school” is a want. (a) True (b) False
22. 22.🔍 Which is the odd one out? (a) a school uniform (b) a glitter pen set (c) a third pair of shoes (d) designer sunglasses
23. 23.🛒 A family has little money. What should it buy first? (a) the needs (b) the most fun thing (c) the costliest thing (d) the wants
24. 24.True or false: “a school uniform” is a want. (a) True (b) False
25. 25.True or false: “a fancy phone cover” is a need. (a) False (b) True
26. 26.🔍 Which is the odd one out? (a) a third pair of shoes (b) a sticker album (c) medicine when ill (d) a fancy phone cover
27. 27.🔍 Which is the odd one out? (a) a school uniform (b) drinking water (c) a roof over your head (d) a video game
28. 28.🛒 Need or want: school shoes? (a) a need (b) a want
29. 29.True or false: “drinking water” is a want. (a) True (b) False
30. 30.💡 A need is something… (a) only rich people buy (b) we must have to live (c) nice but not needed (d) made of plastic
31. 31.🔍 Which is the odd one out? (a) a fancy phone cover (b) soap (c) a glitter pen set (d) a party dress
32. 32.Which of these is a need? (a) a party dress (b) a fancy phone cover (c) a warm blanket (d) sweets every day
33. 33.Which of these is a want? (a) rice and dal (b) bus fare to school (c) a warm blanket (d) designer sunglasses
34. 34.🔍 Which is the odd one out? (a) school shoes (b) a sticker album (c) a third pair of shoes (d) a fancy phone cover
35. 35.Which of these is a need? (a) a party dress (b) a fancy phone cover (c) a glitter pen set (d) rice and dal
36. 36.Which of these is a want? (a) bus fare to school (b) a toy robot (c) drinking water (d) medicine when ill
37. 37.Which of these is a want? (a) a warm blanket (b) bus fare to school (c) a party dress (d) school shoes
38. 38.🛒 Need or want: rice and dal? (a) a need (b) a want
39. 39.🛒 Need or want: medicine when ill? (a) a want (b) a need
40. 40.🔍 Which is the odd one out? (a) medicine when ill (b) drinking water (c) rice and dal (d) a glitter pen set

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