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