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