Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 860 · 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 video game (b) school shoes (c) a party dress (d) a fancy phone cover
2. 2.🛍️ Why do businesses that meet needs often sell all year? (a) needs are always free (b) needs are toys (c) nobody buys needs (d) people always need them
3. 3.True or false: “a toy robot” is a want. (a) False (b) True
4. 4.True or false: “a glitter pen set” is a want. (a) True (b) False
5. 5.🔍 Which is the odd one out? (a) a warm blanket (b) a school uniform (c) medicine when ill (d) a sticker album
6. 6.Which of these is a want? (a) bus fare to school (b) drinking water (c) a roof over your head (d) sweets every day
7. 7.🛒 Need or want: school shoes? (a) a need (b) a want
8. 8.True or false: “notebooks for school” is a want. (a) True (b) False
9. 9.🔍 Which is the odd one out? (a) a roof over your head (b) a third pair of shoes (c) notebooks for school (d) school shoes
10. 10.True or false: “a glitter pen set” is a need. (a) False (b) True
11. 11.True or false: “medicine when ill” is a need. (a) False (b) True
12. 12.🔍 Which is the odd one out? (a) soap (b) a bigger TV (c) a warm blanket (d) bus fare to school
13. 13.🔍 Which is the odd one out? (a) a fancy phone cover (b) a glitter pen set (c) rice and dal (d) a party dress
14. 14.Which of these is a want? (a) a video game (b) a roof over your head (c) bus fare to school (d) a warm blanket
15. 15.🛒 Need or want: a video game? (a) a want (b) a need
16. 16.🛒 Need or want: a sticker album? (a) a want (b) a need
17. 17.🛒 Need or want: rice and dal? (a) a want (b) a need
18. 18.Which of these is a need? (a) a toy robot (b) medicine when ill (c) a party dress (d) designer sunglasses
19. 19.True or false: “a roof over your head” is a need. (a) False (b) True
20. 20.Which of these is a need? (a) a warm blanket (b) a bigger TV (c) a video game (d) a toy robot
21. 21.🛒 Need or want: a bigger TV? (a) a want (b) a need
22. 22.True or false: “a school uniform” is a need. (a) False (b) True
23. 23.🎯 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
24. 24.🛒 Need or want: a fancy phone cover? (a) a need (b) a want
25. 25.🛒 Need or want: a party dress? (a) a need (b) a want
26. 26.🍱 A tiffin service mostly meets which? (a) nothing at all (b) a want: toys (c) a want: games (d) a need: food
27. 27.Which of these is a want? (a) a warm blanket (b) drinking water (c) rice and dal (d) designer sunglasses
28. 28.True or false: “a fancy phone cover” is a want. (a) False (b) True
29. 29.🔍 Which is the odd one out? (a) a video game (b) a fancy phone cover (c) medicine when ill (d) a bigger TV
30. 30.🛒 Need or want: a third pair of shoes? (a) a want (b) a need
31. 31.🔍 Which is the odd one out? (a) soap (b) a fancy phone cover (c) notebooks for school (d) rice and dal
32. 32.💡 A need is something… (a) only rich people buy (b) nice but not needed (c) made of plastic (d) we must have to live
33. 33.Which of these is a want? (a) a roof over your head (b) school shoes (c) a third pair of shoes (d) rice and dal
34. 34.Which of these is a need? (a) a party dress (b) a toy robot (c) a roof over your head (d) a fancy phone cover
35. 35.❄️ On a cold winter morning, which stall would most people want? (a) water guns (b) paper fans (c) hot drinks (d) ice lollies
36. 36.True or false: “medicine when ill” is a want. (a) False (b) True
37. 37.True or false: “designer sunglasses” is a need. (a) True (b) False
38. 38.🔍 Which is the odd one out? (a) drinking water (b) designer sunglasses (c) school shoes (d) a warm blanket
39. 39.True or false: “soap” is a want. (a) True (b) False
40. 40.☔ In the monsoon, which would sell best at a school gate? (a) paper kites (b) umbrellas and raincoats (c) woollen sweaters (d) ice lollies

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