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