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