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