Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 867 · 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) designer sunglasses (b) a sticker album (c) a video game (d) notebooks for school
2. 2.🛒 Need or want: a sticker album? (a) a need (b) a want
3. 3.Which of these is a want? (a) rice and dal (b) school shoes (c) sweets every day (d) bus fare to school
4. 4.🔍 Which is the odd one out? (a) sweets every day (b) a video game (c) a warm blanket (d) designer sunglasses
5. 5.🛒 Need or want: a video game? (a) a want (b) a need
6. 6.🔍 Which is the odd one out? (a) a warm blanket (b) rice and dal (c) school shoes (d) a bigger TV
7. 7.🔍 Which is the odd one out? (a) a warm blanket (b) school shoes (c) a video game (d) medicine when ill
8. 8.🔍 Which is the odd one out? (a) school shoes (b) drinking water (c) a fancy phone cover (d) a warm blanket
9. 9.True or false: “a school uniform” is a need. (a) True (b) False
10. 10.🛒 Need or want: notebooks for school? (a) a need (b) a want
11. 11.Which of these is a want? (a) a warm blanket (b) a party dress (c) soap (d) medicine when ill
12. 12.Which of these is a need? (a) a bigger TV (b) a glitter pen set (c) drinking water (d) a party dress
13. 13.🛒 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
14. 14.Which of these is a want? (a) a sticker album (b) soap (c) medicine when ill (d) a warm blanket
15. 15.True or false: “a video game” is a want. (a) False (b) True
16. 16.Which of these is a need? (a) a sticker album (b) a video game (c) a school uniform (d) a bigger TV
17. 17.🔍 Which is the odd one out? (a) a third pair of shoes (b) a bigger TV (c) a video game (d) bus fare to school
18. 18.🔍 Which is the odd one out? (a) drinking water (b) a fancy phone cover (c) a sticker album (d) a party dress
19. 19.🛒 Need or want: soap? (a) a want (b) a need
20. 20.🔍 Which is the odd one out? (a) a roof over your head (b) drinking water (c) sweets every day (d) a warm blanket
21. 21.🛒 Need or want: medicine when ill? (a) a need (b) a want
22. 22.🛒 Need or want: a bigger TV? (a) a want (b) a need
23. 23.🛒 Need or want: a third pair of shoes? (a) a want (b) a need
24. 24.🔍 Which is the odd one out? (a) a roof over your head (b) medicine when ill (c) designer sunglasses (d) a warm blanket
25. 25.True or false: “a warm blanket” is a need. (a) False (b) True
26. 26.🔍 Which is the odd one out? (a) a bigger TV (b) a toy robot (c) a sticker album (d) rice and dal
27. 27.🛒 Need or want: a warm blanket? (a) a want (b) a need
28. 28.🛍️ 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
29. 29.True or false: “sweets every day” is a want. (a) True (b) False
30. 30.True or false: “a third pair of shoes” is a need. (a) False (b) True
31. 31.☔ In the monsoon, which would sell best at a school gate? (a) ice lollies (b) umbrellas and raincoats (c) woollen sweaters (d) paper kites
32. 32.🛒 Need or want: a party dress? (a) a need (b) a want
33. 33.True or false: “a sticker album” is a need. (a) False (b) True
34. 34.💡 A need is something… (a) nice but not needed (b) only rich people buy (c) we must have to live (d) made of plastic
35. 35.True or false: “sweets every day” is a need. (a) True (b) False
36. 36.🎯 A want can still be a good business when… (a) it is not safe (b) it breaks the rules (c) nobody likes it (d) many people want it
37. 37.🛒 Need or want: rice and dal? (a) a want (b) a need
38. 38.❄️ On a cold winter morning, which stall would most people want? (a) water guns (b) paper fans (c) ice lollies (d) hot drinks
39. 39.True or false: “a third pair of shoes” is a want. (a) False (b) True
40. 40.Which of these is a want? (a) notebooks for school (b) a roof over your head (c) a toy robot (d) a warm blanket

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