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