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