Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 832 · 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.☔ In the monsoon, which would sell best at a school gate? (a) ice lollies (b) woollen sweaters (c) paper kites (d) umbrellas and raincoats
2. 2.Which of these is a want? (a) a warm blanket (b) bus fare to school (c) drinking water (d) a video game
3. 3.🔍 Which is the odd one out? (a) a bigger TV (b) sweets every day (c) notebooks for school (d) a third pair of shoes
4. 4.❄️ On a cold winter morning, which stall would most people want? (a) hot drinks (b) paper fans (c) ice lollies (d) water guns
5. 5.🔍 Which is the odd one out? (a) school shoes (b) soap (c) designer sunglasses (d) drinking water
6. 6.True or false: “a video game” is a need. (a) True (b) False
7. 7.Which of these is a need? (a) a glitter pen set (b) a third pair of shoes (c) rice and dal (d) a video game
8. 8.🔍 Which is the odd one out? (a) notebooks for school (b) a glitter pen set (c) a warm blanket (d) medicine when ill
9. 9.🔍 Which is the odd one out? (a) a fancy phone cover (b) designer sunglasses (c) drinking water (d) sweets every day
10. 10.True or false: “drinking water” is a need. (a) False (b) True
11. 11.🔍 Which is the odd one out? (a) a school uniform (b) a toy robot (c) drinking water (d) notebooks for school
12. 12.True or false: “a school uniform” is a need. (a) False (b) True
13. 13.🎯 A want can still be a good business when… (a) many people want it (b) it breaks the rules (c) it is not safe (d) nobody likes it
14. 14.🛒 Need or want: sweets every day? (a) a want (b) a need
15. 15.🔍 Which is the odd one out? (a) a third pair of shoes (b) a bigger TV (c) sweets every day (d) school shoes
16. 16.🛒 Need or want: soap? (a) a need (b) a want
17. 17.Which of these is a want? (a) school shoes (b) a sticker album (c) a school uniform (d) notebooks for school
18. 18.🔍 Which is the odd one out? (a) a roof over your head (b) a fancy phone cover (c) a bigger TV (d) sweets every day
19. 19.Which of these is a need? (a) bus fare to school (b) a sticker album (c) designer sunglasses (d) a glitter pen set
20. 20.Which of these is a need? (a) a toy robot (b) a video game (c) a party dress (d) drinking water
21. 21.True or false: “a fancy phone cover” is a want. (a) True (b) False
22. 22.Which of these is a need? (a) a party dress (b) a video game (c) a warm blanket (d) a glitter pen set
23. 23.True or false: “rice and dal” is a need. (a) False (b) True
24. 24.🔍 Which is the odd one out? (a) rice and dal (b) drinking water (c) a school uniform (d) a video game
25. 25.🛍️ Why do businesses that meet needs often sell all year? (a) nobody buys needs (b) needs are toys (c) needs are always free (d) people always need them
26. 26.🔍 Which is the odd one out? (a) a third pair of shoes (b) sweets every day (c) a fancy phone cover (d) a school uniform
27. 27.🔍 Which is the odd one out? (a) designer sunglasses (b) a party dress (c) soap (d) a sticker album
28. 28.Which of these is a need? (a) a party dress (b) sweets every day (c) a fancy phone cover (d) school shoes
29. 29.🛒 Need or want: medicine when ill? (a) a want (b) a need
30. 30.True or false: “notebooks for school” is a want. (a) False (b) True
31. 31.🛒 Need or want: notebooks for school? (a) a need (b) a want
32. 32.True or false: “a warm blanket” is a need. (a) False (b) True
33. 33.True or false: “a third pair of shoes” is a need. (a) True (b) False
34. 34.True or false: “medicine when ill” is a want. (a) False (b) True
35. 35.🛒 Need or want: school shoes? (a) a need (b) a want
36. 36.🔍 Which is the odd one out? (a) a warm blanket (b) a party dress (c) designer sunglasses (d) a toy robot
37. 37.Which of these is a want? (a) a roof over your head (b) a bigger TV (c) notebooks for school (d) soap
38. 38.🍱 A tiffin service mostly meets which? (a) nothing at all (b) a need: food (c) a want: games (d) a want: toys
39. 39.💡 A need is something… (a) made of plastic (b) only rich people buy (c) nice but not needed (d) we must have to live
40. 40.🔍 Which is the odd one out? (a) soap (b) medicine when ill (c) a school uniform (d) a party dress

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