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: drinking water? (a) a need (b) a want
- 2.Which of these is a want? (a) medicine when ill (b) a school uniform (c) bus fare to school (d) designer sunglasses
- 3.🛒 Need or want: a video game? (a) a need (b) a want
- 4.🛒 Need or want: a warm blanket? (a) a want (b) a need
- 5.Which of these is a need? (a) a bigger TV (b) designer sunglasses (c) bus fare to school (d) a party dress
- 6.🛒 Need or want: a glitter pen set? (a) a need (b) a want
- 7.Which of these is a need? (a) designer sunglasses (b) a glitter pen set (c) notebooks for school (d) a third pair of shoes
- 8.🛒 Need or want: medicine when ill? (a) a want (b) a need
- 9.Which of these is a need? (a) sweets every day (b) a bigger TV (c) a party dress (d) a warm blanket
- 10.Which of these is a want? (a) notebooks for school (b) medicine when ill (c) a party dress (d) a warm blanket
- 11.🔍 Which is the odd one out? (a) a party dress (b) a third pair of shoes (c) notebooks for school (d) a fancy phone cover
- 12.Which of these is a want? (a) a school uniform (b) soap (c) drinking water (d) a fancy phone cover
- 13.True or false: “medicine when ill” is a need. (a) True (b) False
- 14.🔍 Which is the odd one out? (a) medicine when ill (b) a warm blanket (c) a video game (d) a roof over your head
- 15.🛒 A family has little money. What should it buy first? (a) the most fun thing (b) the wants (c) the costliest thing (d) the needs
- 16.🔍 Which is the odd one out? (a) a party dress (b) rice and dal (c) a video game (d) a sticker album
- 17.🔍 Which is the odd one out? (a) drinking water (b) a party dress (c) bus fare to school (d) rice and dal
- 18.True or false: “designer sunglasses” is a need. (a) True (b) False
- 19.❄️ On a cold winter morning, which stall would most people want? (a) water guns (b) ice lollies (c) hot drinks (d) paper fans
- 20.🔍 Which is the odd one out? (a) notebooks for school (b) sweets every day (c) medicine when ill (d) bus fare to school
- 21.True or false: “a video game” is a want. (a) False (b) True
- 22.True or false: “sweets every day” is a want. (a) False (b) True
- 23.🍱 A tiffin service mostly meets which? (a) nothing at all (b) a want: games (c) a need: food (d) a want: toys
- 24.Which of these is a want? (a) drinking water (b) a roof over your head (c) soap (d) a bigger TV
- 25.🛍️ Why do businesses that meet needs often sell all year? (a) needs are toys (b) people always need them (c) needs are always free (d) nobody buys needs
- 26.True or false: “a bigger TV” is a need. (a) False (b) True
- 27.Which of these is a need? (a) a fancy phone cover (b) a glitter pen set (c) designer sunglasses (d) medicine when ill
- 28.True or false: “a roof over your head” is a need. (a) False (b) True
- 29.Which of these is a need? (a) drinking water (b) a video game (c) a fancy phone cover (d) a party dress
- 30.🔍 Which is the odd one out? (a) a school uniform (b) a warm blanket (c) drinking water (d) a sticker album
- 31.Which of these is a need? (a) a party dress (b) sweets every day (c) rice and dal (d) a glitter pen set
- 32.True or false: “designer sunglasses” is a want. (a) False (b) True
- 33.True or false: “a warm blanket” is a need. (a) False (b) True
- 34.🛒 Need or want: rice and dal? (a) a want (b) a need
- 35.True or false: “a fancy phone cover” is a want. (a) True (b) False
- 36.True or false: “a toy robot” is a need. (a) True (b) False
- 37.True or false: “rice and dal” is a want. (a) False (b) True
- 38.🛒 Need or want: sweets every day? (a) a need (b) a want
- 39.🔍 Which is the odd one out? (a) a fancy phone cover (b) bus fare to school (c) a video game (d) a sticker album
- 40.True or false: “bus fare to school” is a want. (a) False (b) True
Answer key
- a need
- designer sunglasses
- a want
- a need
- bus fare to school
- a want
- notebooks for school
- a need
- a warm blanket
- a party dress
- notebooks for school
- a fancy phone cover
- True
- a video game
- the needs
- rice and dal
- a party dress
- False
- hot drinks
- sweets every day
- True
- True
- a need: food
- a bigger TV
- people always need them
- False
- medicine when ill
- True
- drinking water
- a sticker album
- rice and dal
- True
- True
- a need
- True
- False
- False
- a want
- bus fare to school
- False
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