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