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