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