Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 925 · 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) bus fare to school (b) a bigger TV (c) a sticker album (d) a fancy phone cover
2. 2.🛒 Need or want: a toy robot? (a) a want (b) a need
3. 3.💡 A need is something… (a) nice but not needed (b) made of plastic (c) only rich people buy (d) we must have to live
4. 4.Which of these is a want? (a) notebooks for school (b) a roof over your head (c) a toy robot (d) soap
5. 5.True or false: “soap” is a want. (a) True (b) False
6. 6.Which of these is a need? (a) drinking water (b) a fancy phone cover (c) sweets every day (d) a bigger TV
7. 7.True or false: “a glitter pen set” is a need. (a) True (b) False
8. 8.🔍 Which is the odd one out? (a) a toy robot (b) a fancy phone cover (c) sweets every day (d) drinking water
9. 9.🎯 A want can still be a good business when… (a) nobody likes it (b) it breaks the rules (c) it is not safe (d) many people want it
10. 10.🔍 Which is the odd one out? (a) a video game (b) a bigger TV (c) a glitter pen set (d) notebooks for school
11. 11.🛒 Need or want: designer sunglasses? (a) a need (b) a want
12. 12.🛒 Need or want: a warm blanket? (a) a need (b) a want
13. 13.🛒 Need or want: a sticker album? (a) a want (b) a need
14. 14.🛒 Need or want: a video game? (a) a want (b) a need
15. 15.🔍 Which is the odd one out? (a) a toy robot (b) a glitter pen set (c) a school uniform (d) a video game
16. 16.True or false: “a video game” is a need. (a) True (b) False
17. 17.Which of these is a need? (a) a glitter pen set (b) a school uniform (c) a fancy phone cover (d) designer sunglasses
18. 18.❄️ On a cold winter morning, which stall would most people want? (a) hot drinks (b) paper fans (c) water guns (d) ice lollies
19. 19.🛒 A family has little money. What should it buy first? (a) the wants (b) the most fun thing (c) the needs (d) the costliest thing
20. 20.🔍 Which is the odd one out? (a) a roof over your head (b) a warm blanket (c) a third pair of shoes (d) drinking water
21. 21.🛒 Need or want: notebooks for school? (a) a want (b) a need
22. 22.🛒 Need or want: a bigger TV? (a) a want (b) a need
23. 23.☔ In the monsoon, which would sell best at a school gate? (a) ice lollies (b) paper kites (c) umbrellas and raincoats (d) woollen sweaters
24. 24.True or false: “a roof over your head” is a want. (a) True (b) False
25. 25.True or false: “medicine when ill” is a want. (a) True (b) False
26. 26.True or false: “a warm blanket” is a want. (a) True (b) False
27. 27.🔍 Which is the odd one out? (a) soap (b) notebooks for school (c) a bigger TV (d) bus fare to school
28. 28.🔍 Which is the odd one out? (a) a video game (b) notebooks for school (c) a school uniform (d) school shoes
29. 29.True or false: “rice and dal” is a want. (a) True (b) False
30. 30.🛒 Need or want: medicine when ill? (a) a want (b) a need
31. 31.True or false: “bus fare to school” is a need. (a) False (b) True
32. 32.True or false: “a sticker album” is a want. (a) True (b) False
33. 33.🔍 Which is the odd one out? (a) a glitter pen set (b) drinking water (c) a roof over your head (d) rice and dal
34. 34.🔍 Which is the odd one out? (a) a bigger TV (b) a toy robot (c) a warm blanket (d) a third pair of shoes
35. 35.Which of these is a need? (a) a third pair of shoes (b) a bigger TV (c) a video game (d) notebooks for school
36. 36.🛒 Need or want: a fancy phone cover? (a) a need (b) a want
37. 37.True or false: “a school uniform” is a want. (a) True (b) False
38. 38.🔍 Which is the odd one out? (a) a third pair of shoes (b) school shoes (c) a sticker album (d) a bigger TV
39. 39.🔍 Which is the odd one out? (a) a warm blanket (b) sweets every day (c) a school uniform (d) medicine when ill
40. 40.🔍 Which is the odd one out? (a) a party dress (b) a sticker album (c) a roof over your head (d) a glitter pen set

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