Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 848 · 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 of these is a need? (a) sweets every day (b) designer sunglasses (c) school shoes (d) a fancy phone cover
2. 2.🛒 Need or want: a party dress? (a) a need (b) a want
3. 3.🔍 Which is the odd one out? (a) school shoes (b) a warm blanket (c) soap (d) a fancy phone cover
4. 4.True or false: “a school uniform” is a want. (a) True (b) False
5. 5.Which of these is a need? (a) designer sunglasses (b) a toy robot (c) a third pair of shoes (d) bus fare to school
6. 6.🍱 A tiffin service mostly meets which? (a) a want: games (b) nothing at all (c) a need: food (d) a want: toys
7. 7.True or false: “a warm blanket” is a want. (a) True (b) False
8. 8.Which of these is a want? (a) a party dress (b) a warm blanket (c) rice and dal (d) medicine when ill
9. 9.🛍️ Why do businesses that meet needs often sell all year? (a) needs are always free (b) needs are toys (c) people always need them (d) nobody buys needs
10. 10.True or false: “a toy robot” is a want. (a) False (b) True
11. 11.❄️ On a cold winter morning, which stall would most people want? (a) water guns (b) paper fans (c) ice lollies (d) hot drinks
12. 12.True or false: “a sticker album” is a need. (a) True (b) False
13. 13.🔍 Which is the odd one out? (a) a fancy phone cover (b) a third pair of shoes (c) a warm blanket (d) a party dress
14. 14.Which of these is a need? (a) a school uniform (b) designer sunglasses (c) a glitter pen set (d) a fancy phone cover
15. 15.True or false: “soap” is a need. (a) True (b) False
16. 16.🛒 Need or want: a warm blanket? (a) a need (b) a want
17. 17.🔍 Which is the odd one out? (a) a warm blanket (b) a school uniform (c) notebooks for school (d) sweets every day
18. 18.🎯 A want can still be a good business when… (a) it breaks the rules (b) it is not safe (c) many people want it (d) nobody likes it
19. 19.🔍 Which is the odd one out? (a) a school uniform (b) a toy robot (c) a glitter pen set (d) a bigger TV
20. 20.🛒 A family has little money. What should it buy first? (a) the costliest thing (b) the most fun thing (c) the needs (d) the wants
21. 21.Which of these is a need? (a) a toy robot (b) drinking water (c) a third pair of shoes (d) a glitter pen set
22. 22.True or false: “a video game” is a need. (a) True (b) False
23. 23.🔍 Which is the odd one out? (a) school shoes (b) a roof over your head (c) soap (d) a sticker album
24. 24.Which of these is a want? (a) rice and dal (b) soap (c) a third pair of shoes (d) a roof over your head
25. 25.Which of these is a need? (a) rice and dal (b) designer sunglasses (c) a sticker album (d) a fancy phone cover
26. 26.🔍 Which is the odd one out? (a) a toy robot (b) a bigger TV (c) drinking water (d) a sticker album
27. 27.🔍 Which is the odd one out? (a) medicine when ill (b) bus fare to school (c) notebooks for school (d) designer sunglasses
28. 28.☔ In the monsoon, which would sell best at a school gate? (a) umbrellas and raincoats (b) paper kites (c) ice lollies (d) woollen sweaters
29. 29.🔍 Which is the odd one out? (a) a toy robot (b) sweets every day (c) a sticker album (d) medicine when ill
30. 30.True or false: “bus fare to school” is a want. (a) True (b) False
31. 31.True or false: “a school uniform” is a need. (a) False (b) True
32. 32.🔍 Which is the odd one out? (a) notebooks for school (b) a third pair of shoes (c) a sticker album (d) a video game
33. 33.Which of these is a want? (a) a warm blanket (b) notebooks for school (c) a bigger TV (d) bus fare to school
34. 34.🔍 Which is the odd one out? (a) drinking water (b) a warm blanket (c) notebooks for school (d) a third pair of shoes
35. 35.🔍 Which is the odd one out? (a) soap (b) a sticker album (c) a third pair of shoes (d) designer sunglasses
36. 36.🛒 Need or want: a sticker album? (a) a need (b) a want
37. 37.🛒 Need or want: school shoes? (a) a want (b) a need
38. 38.Which of these is a want? (a) designer sunglasses (b) drinking water (c) soap (d) notebooks for school
39. 39.🔍 Which is the odd one out? (a) rice and dal (b) a bigger TV (c) a school uniform (d) medicine when ill
40. 40.True or false: “a warm blanket” is a need. (a) False (b) True

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