Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 902 · 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) drinking water (b) soap (c) a sticker album (d) bus fare to school
2. 2.🔍 Which is the odd one out? (a) school shoes (b) rice and dal (c) a school uniform (d) sweets every day
3. 3.🔍 Which is the odd one out? (a) a fancy phone cover (b) notebooks for school (c) rice and dal (d) bus fare to school
4. 4.True or false: “sweets every day” is a want. (a) True (b) False
5. 5.🛒 Need or want: soap? (a) a need (b) a want
6. 6.🔍 Which is the odd one out? (a) a warm blanket (b) sweets every day (c) a video game (d) a third pair of shoes
7. 7.💡 A need is something… (a) we must have to live (b) only rich people buy (c) nice but not needed (d) made of plastic
8. 8.🛒 A family has little money. What should it buy first? (a) the most fun thing (b) the needs (c) the wants (d) the costliest thing
9. 9.True or false: “bus fare to school” is a need. (a) False (b) True
10. 10.Which of these is a want? (a) drinking water (b) a bigger TV (c) medicine when ill (d) notebooks for school
11. 11.True or false: “school shoes” is a want. (a) False (b) True
12. 12.Which of these is a need? (a) a glitter pen set (b) a warm blanket (c) a sticker album (d) a bigger TV
13. 13.🔍 Which is the odd one out? (a) a toy robot (b) a video game (c) a third pair of shoes (d) school shoes
14. 14.🔍 Which is the odd one out? (a) designer sunglasses (b) bus fare to school (c) a bigger TV (d) a video game
15. 15.True or false: “rice and dal” is a want. (a) False (b) True
16. 16.🔍 Which is the odd one out? (a) drinking water (b) designer sunglasses (c) medicine when ill (d) a roof over your head
17. 17.Which of these is a need? (a) a sticker album (b) a party dress (c) school shoes (d) a bigger TV
18. 18.🛍️ Why do businesses that meet needs often sell all year? (a) nobody buys needs (b) needs are toys (c) people always need them (d) needs are always free
19. 19.True or false: “drinking water” is a want. (a) True (b) False
20. 20.Which of these is a want? (a) a warm blanket (b) a sticker album (c) drinking water (d) a school uniform
21. 21.True or false: “a third pair of shoes” is a want. (a) True (b) False
22. 22.🔍 Which is the odd one out? (a) notebooks for school (b) a video game (c) soap (d) a roof over your head
23. 23.True or false: “notebooks for school” is a need. (a) False (b) True
24. 24.Which of these is a want? (a) a third pair of shoes (b) soap (c) rice and dal (d) a roof over your head
25. 25.🛒 Need or want: medicine when ill? (a) a need (b) a want
26. 26.True or false: “a sticker album” is a need. (a) False (b) True
27. 27.True or false: “a video game” is a need. (a) True (b) False
28. 28.Which of these is a need? (a) a toy robot (b) a video game (c) designer sunglasses (d) medicine when ill
29. 29.Which of these is a need? (a) a party dress (b) a third pair of shoes (c) a toy robot (d) rice and dal
30. 30.Which of these is a want? (a) drinking water (b) medicine when ill (c) rice and dal (d) a fancy phone cover
31. 31.True or false: “notebooks for school” is a want. (a) True (b) False
32. 32.🎯 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
33. 33.🛒 Need or want: a fancy phone cover? (a) a want (b) a need
34. 34.Which of these is a need? (a) a glitter pen set (b) bus fare to school (c) a video game (d) a sticker album
35. 35.🔍 Which is the odd one out? (a) a roof over your head (b) a bigger TV (c) soap (d) a warm blanket
36. 36.True or false: “soap” is a need. (a) False (b) True
37. 37.❄️ On a cold winter morning, which stall would most people want? (a) ice lollies (b) hot drinks (c) paper fans (d) water guns
38. 38.🛒 Need or want: school shoes? (a) a want (b) a need
39. 39.☔ In the monsoon, which would sell best at a school gate? (a) woollen sweaters (b) umbrellas and raincoats (c) ice lollies (d) paper kites
40. 40.🛒 Need or want: bus fare to school? (a) a need (b) a want

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