Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 863 · 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 glitter pen set (b) a toy robot (c) soap (d) a bigger TV
2. 2.🔍 Which is the odd one out? (a) a video game (b) soap (c) drinking water (d) bus fare to school
3. 3.🛒 Need or want: a glitter pen set? (a) a want (b) a need
4. 4.🛒 Need or want: soap? (a) a need (b) a want
5. 5.Which of these is a want? (a) school shoes (b) designer sunglasses (c) rice and dal (d) a school uniform
6. 6.🔍 Which is the odd one out? (a) soap (b) bus fare to school (c) drinking water (d) a third pair of shoes
7. 7.True or false: “a party dress” is a need. (a) False (b) True
8. 8.Which of these is a need? (a) a warm blanket (b) a toy robot (c) a glitter pen set (d) a sticker album
9. 9.🔍 Which is the odd one out? (a) a bigger TV (b) a video game (c) a toy robot (d) drinking water
10. 10.🛒 A family has little money. What should it buy first? (a) the needs (b) the most fun thing (c) the wants (d) the costliest thing
11. 11.Which of these is a need? (a) sweets every day (b) designer sunglasses (c) a sticker album (d) a school uniform
12. 12.🛒 Need or want: school shoes? (a) a want (b) a need
13. 13.True or false: “sweets every day” is a want. (a) False (b) True
14. 14.🛒 Need or want: a sticker album? (a) a need (b) a want
15. 15.💡 A need is something… (a) made of plastic (b) we must have to live (c) only rich people buy (d) nice but not needed
16. 16.Which of these is a want? (a) a third pair of shoes (b) a school uniform (c) bus fare to school (d) medicine when ill
17. 17.🔍 Which is the odd one out? (a) a toy robot (b) medicine when ill (c) a roof over your head (d) drinking water
18. 18.True or false: “a glitter pen set” is a need. (a) True (b) False
19. 19.🔍 Which is the odd one out? (a) drinking water (b) soap (c) a warm blanket (d) sweets every day
20. 20.Which of these is a need? (a) a glitter pen set (b) a video game (c) sweets every day (d) medicine when ill
21. 21.Which of these is a want? (a) soap (b) a school uniform (c) drinking water (d) a bigger TV
22. 22.❄️ On a cold winter morning, which stall would most people want? (a) ice lollies (b) paper fans (c) hot drinks (d) water guns
23. 23.True or false: “a school uniform” is a want. (a) False (b) True
24. 24.☔ In the monsoon, which would sell best at a school gate? (a) umbrellas and raincoats (b) paper kites (c) woollen sweaters (d) ice lollies
25. 25.🛒 Need or want: drinking water? (a) a want (b) a need
26. 26.🔍 Which is the odd one out? (a) designer sunglasses (b) a sticker album (c) a school uniform (d) a third pair of shoes
27. 27.True or false: “a sticker album” is a want. (a) True (b) False
28. 28.🛍️ Why do businesses that meet needs often sell all year? (a) needs are toys (b) people always need them (c) needs are always free (d) nobody buys needs
29. 29.🍱 A tiffin service mostly meets which? (a) a need: food (b) a want: toys (c) nothing at all (d) a want: games
30. 30.True or false: “school shoes” is a want. (a) False (b) True
31. 31.🔍 Which is the odd one out? (a) notebooks for school (b) soap (c) designer sunglasses (d) medicine when ill
32. 32.True or false: “medicine when ill” is a want. (a) False (b) True
33. 33.True or false: “school shoes” is a need. (a) False (b) True
34. 34.True or false: “bus fare to school” is a want. (a) True (b) False
35. 35.🔍 Which is the odd one out? (a) designer sunglasses (b) a video game (c) sweets every day (d) a roof over your head
36. 36.True or false: “drinking water” is a want. (a) False (b) True
37. 37.🔍 Which is the odd one out? (a) a bigger TV (b) school shoes (c) drinking water (d) medicine when ill
38. 38.🛒 Need or want: notebooks for school? (a) a want (b) a need
39. 39.True or false: “a bigger TV” is a want. (a) True (b) False
40. 40.🔍 Which is the odd one out? (a) a warm blanket (b) bus fare to school (c) medicine when ill (d) a sticker album

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