Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 87 · 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) school shoes (b) rice and dal (c) a school uniform (d) a toy robot
2. 2.True or false: “rice and dal” is a need. (a) False (b) True
3. 3.🔍 Which is the odd one out? (a) notebooks for school (b) soap (c) medicine when ill (d) a sticker album
4. 4.True or false: “a bigger TV” is a need. (a) False (b) True
5. 5.☔ In the monsoon, which would sell best at a school gate? (a) paper kites (b) ice lollies (c) woollen sweaters (d) umbrellas and raincoats
6. 6.🔍 Which is the odd one out? (a) drinking water (b) rice and dal (c) a fancy phone cover (d) notebooks for school
7. 7.Which of these is a need? (a) sweets every day (b) rice and dal (c) a third pair of shoes (d) a toy robot
8. 8.True or false: “drinking water” is a need. (a) True (b) False
9. 9.🛒 Need or want: bus fare to school? (a) a want (b) a need
10. 10.🛍️ Why do businesses that meet needs often sell all year? (a) needs are toys (b) people always need them (c) nobody buys needs (d) needs are always free
11. 11.🛒 Need or want: drinking water? (a) a need (b) a want
12. 12.True or false: “designer sunglasses” is a want. (a) False (b) True
13. 13.🍱 A tiffin service mostly meets which? (a) a want: games (b) nothing at all (c) a need: food (d) a want: toys
14. 14.🛒 Need or want: rice and dal? (a) a want (b) a need
15. 15.Which of these is a want? (a) bus fare to school (b) sweets every day (c) a roof over your head (d) medicine when ill
16. 16.💡 A need is something… (a) nice but not needed (b) we must have to live (c) made of plastic (d) only rich people buy
17. 17.Which of these is a need? (a) designer sunglasses (b) a fancy phone cover (c) notebooks for school (d) a bigger TV
18. 18.🔍 Which is the odd one out? (a) a sticker album (b) a school uniform (c) a third pair of shoes (d) a toy robot
19. 19.🎯 A want can still be a good business when… (a) it breaks the rules (b) nobody likes it (c) many people want it (d) it is not safe
20. 20.True or false: “soap” is a want. (a) False (b) True
21. 21.Which of these is a want? (a) a sticker album (b) bus fare to school (c) soap (d) notebooks for school
22. 22.Which of these is a want? (a) bus fare to school (b) a video game (c) drinking water (d) medicine when ill
23. 23.True or false: “a glitter pen set” is a want. (a) True (b) False
24. 24.🛒 Need or want: a warm blanket? (a) a want (b) a need
25. 25.❄️ On a cold winter morning, which stall would most people want? (a) water guns (b) hot drinks (c) paper fans (d) ice lollies
26. 26.Which of these is a want? (a) a party dress (b) soap (c) medicine when ill (d) notebooks for school
27. 27.Which of these is a need? (a) designer sunglasses (b) a bigger TV (c) soap (d) sweets every day
28. 28.🔍 Which is the odd one out? (a) drinking water (b) a roof over your head (c) a bigger TV (d) a warm blanket
29. 29.🛒 Need or want: a fancy phone cover? (a) a need (b) a want
30. 30.True or false: “bus fare to school” is a need. (a) True (b) False
31. 31.Which of these is a want? (a) school shoes (b) soap (c) designer sunglasses (d) a warm blanket
32. 32.True or false: “a sticker album” is a need. (a) True (b) False
33. 33.Which of these is a need? (a) sweets every day (b) school shoes (c) a sticker album (d) a fancy phone cover
34. 34.🔍 Which is the odd one out? (a) notebooks for school (b) a warm blanket (c) sweets every day (d) rice and dal
35. 35.Which of these is a want? (a) a third pair of shoes (b) a school uniform (c) notebooks for school (d) medicine when ill
36. 36.Which of these is a need? (a) sweets every day (b) a video game (c) a roof over your head (d) a sticker album
37. 37.🛒 Need or want: a school uniform? (a) a want (b) a need
38. 38.🔍 Which is the odd one out? (a) a bigger TV (b) a glitter pen set (c) drinking water (d) a sticker album
39. 39.🛒 A family has little money. What should it buy first? (a) the most fun thing (b) the costliest thing (c) the needs (d) the wants
40. 40.True or false: “a third pair of shoes” is a need. (a) True (b) False

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