Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 909 · 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) sweets every day (b) school shoes (c) a school uniform (d) a warm blanket
2. 2.💡 A need is something… (a) nice but not needed (b) only rich people buy (c) we must have to live (d) made of plastic
3. 3.🍱 A tiffin service mostly meets which? (a) nothing at all (b) a need: food (c) a want: games (d) a want: toys
4. 4.🛒 Need or want: a toy robot? (a) a need (b) a want
5. 5.True or false: “bus fare to school” is a want. (a) False (b) True
6. 6.🔍 Which is the odd one out? (a) designer sunglasses (b) soap (c) notebooks for school (d) medicine when ill
7. 7.🛒 Need or want: a video game? (a) a need (b) a want
8. 8.🛒 Need or want: a glitter pen set? (a) a need (b) a want
9. 9.Which of these is a want? (a) soap (b) a warm blanket (c) drinking water (d) a fancy phone cover
10. 10.Which of these is a need? (a) soap (b) a fancy phone cover (c) a third pair of shoes (d) designer sunglasses
11. 11.🔍 Which is the odd one out? (a) soap (b) a video game (c) a fancy phone cover (d) a party dress
12. 12.☔ In the monsoon, which would sell best at a school gate? (a) umbrellas and raincoats (b) woollen sweaters (c) paper kites (d) ice lollies
13. 13.Which of these is a need? (a) a glitter pen set (b) a third pair of shoes (c) notebooks for school (d) a sticker album
14. 14.True or false: “a third pair of shoes” is a want. (a) True (b) False
15. 15.🛒 Need or want: a school uniform? (a) a want (b) a need
16. 16.🔍 Which is the odd one out? (a) a school uniform (b) soap (c) a glitter pen set (d) a warm blanket
17. 17.Which of these is a want? (a) notebooks for school (b) rice and dal (c) school shoes (d) a third pair of shoes
18. 18.True or false: “notebooks for school” is a want. (a) False (b) True
19. 19.🛒 Need or want: rice and dal? (a) a want (b) a need
20. 20.🔍 Which is the odd one out? (a) a bigger TV (b) medicine when ill (c) bus fare to school (d) a warm blanket
21. 21.🛒 Need or want: school shoes? (a) a need (b) a want
22. 22.🛍️ Why do businesses that meet needs often sell all year? (a) needs are always free (b) needs are toys (c) people always need them (d) nobody buys needs
23. 23.🔍 Which is the odd one out? (a) a sticker album (b) a toy robot (c) a warm blanket (d) designer sunglasses
24. 24.🛒 A family has little money. What should it buy first? (a) the costliest thing (b) the needs (c) the wants (d) the most fun thing
25. 25.🛒 Need or want: a bigger TV? (a) a need (b) a want
26. 26.True or false: “a bigger TV” is a need. (a) True (b) False
27. 27.True or false: “drinking water” is a need. (a) False (b) True
28. 28.❄️ On a cold winter morning, which stall would most people want? (a) ice lollies (b) hot drinks (c) paper fans (d) water guns
29. 29.🔍 Which is the odd one out? (a) bus fare to school (b) school shoes (c) a fancy phone cover (d) a roof over your head
30. 30.Which of these is a need? (a) a sticker album (b) a glitter pen set (c) a fancy phone cover (d) drinking water
31. 31.Which of these is a want? (a) school shoes (b) a sticker album (c) rice and dal (d) bus fare to school
32. 32.🔍 Which is the odd one out? (a) sweets every day (b) a roof over your head (c) a toy robot (d) a third pair of shoes
33. 33.Which of these is a need? (a) a sticker album (b) a third pair of shoes (c) a roof over your head (d) sweets every day
34. 34.True or false: “rice and dal” is a want. (a) False (b) True
35. 35.🔍 Which is the odd one out? (a) bus fare to school (b) soap (c) a sticker album (d) a roof over your head
36. 36.🛒 Need or want: a third pair of shoes? (a) a want (b) a need
37. 37.🛒 Need or want: drinking water? (a) a want (b) a need
38. 38.🎯 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
39. 39.Which of these is a want? (a) a warm blanket (b) a video game (c) a roof over your head (d) rice and dal
40. 40.True or false: “designer sunglasses” is a need. (a) True (b) False

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