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.🔍 Which is the odd one out? (a) bus fare to school (b) a warm blanket (c) a fancy phone cover (d) a roof over your head
- 2.🔍 Which is the odd one out? (a) designer sunglasses (b) a warm blanket (c) bus fare to school (d) notebooks for school
- 3.True or false: “a third pair of shoes” is a need. (a) True (b) False
- 4.🎯 A want can still be a good business when… (a) it breaks the rules (b) it is not safe (c) many people want it (d) nobody likes it
- 5.True or false: “bus fare to school” is a want. (a) True (b) False
- 6.Which of these is a want? (a) a school uniform (b) a warm blanket (c) a sticker album (d) school shoes
- 7.🔍 Which is the odd one out? (a) soap (b) a roof over your head (c) a third pair of shoes (d) a warm blanket
- 8.Which of these is a want? (a) bus fare to school (b) rice and dal (c) soap (d) a third pair of shoes
- 9.🛒 Need or want: school shoes? (a) a need (b) a want
- 10.Which of these is a want? (a) a warm blanket (b) medicine when ill (c) a bigger TV (d) school shoes
- 11.True or false: “a school uniform” is a want. (a) True (b) False
- 12.True or false: “medicine when ill” is a want. (a) True (b) False
- 13.True or false: “a warm blanket” is a need. (a) False (b) True
- 14.Which of these is a need? (a) a glitter pen set (b) soap (c) a party dress (d) designer sunglasses
- 15.🛒 Need or want: sweets every day? (a) a need (b) a want
- 16.💡 A need is something… (a) we must have to live (b) made of plastic (c) only rich people buy (d) nice but not needed
- 17.🛒 Need or want: a fancy phone cover? (a) a need (b) a want
- 18.Which of these is a need? (a) a third pair of shoes (b) sweets every day (c) school shoes (d) a sticker album
- 19.True or false: “a bigger TV” is a want. (a) False (b) True
- 20.True or false: “medicine when ill” is a need. (a) True (b) False
- 21.True or false: “a glitter pen set” is a need. (a) True (b) False
- 22.🔍 Which is the odd one out? (a) a toy robot (b) drinking water (c) bus fare to school (d) notebooks for school
- 23.🔍 Which is the odd one out? (a) a third pair of shoes (b) a video game (c) a roof over your head (d) designer sunglasses
- 24.🛒 Need or want: medicine when ill? (a) a want (b) a need
- 25.🛒 Need or want: notebooks for school? (a) a need (b) a want
- 26.Which of these is a want? (a) bus fare to school (b) drinking water (c) a fancy phone cover (d) medicine when ill
- 27.Which of these is a want? (a) bus fare to school (b) rice and dal (c) sweets every day (d) drinking water
- 28.🛒 Need or want: drinking water? (a) a need (b) a want
- 29.🛍️ Why do businesses that meet needs often sell all year? (a) needs are always free (b) nobody buys needs (c) people always need them (d) needs are toys
- 30.🔍 Which is the odd one out? (a) a video game (b) rice and dal (c) notebooks for school (d) bus fare to school
- 31.☔ In the monsoon, which would sell best at a school gate? (a) ice lollies (b) woollen sweaters (c) umbrellas and raincoats (d) paper kites
- 32.🔍 Which is the odd one out? (a) drinking water (b) sweets every day (c) a third pair of shoes (d) a party dress
- 33.🔍 Which is the odd one out? (a) a bigger TV (b) soap (c) a roof over your head (d) notebooks for school
- 34.🛒 Need or want: a third pair of shoes? (a) a need (b) a want
- 35.🛒 Need or want: soap? (a) a need (b) a want
- 36.True or false: “drinking water” is a need. (a) False (b) True
- 37.Which of these is a need? (a) a party dress (b) a toy robot (c) rice and dal (d) a bigger TV
- 38.❄️ On a cold winter morning, which stall would most people want? (a) paper fans (b) ice lollies (c) water guns (d) hot drinks
- 39.🛒 Need or want: a party dress? (a) a need (b) a want
- 40.True or false: “a party dress” is a want. (a) True (b) False
Answer key
- a fancy phone cover
- designer sunglasses
- False
- many people want it
- False
- a sticker album
- a third pair of shoes
- a third pair of shoes
- a need
- a bigger TV
- False
- False
- True
- soap
- a want
- we must have to live
- a want
- school shoes
- True
- True
- False
- a toy robot
- a roof over your head
- a need
- a need
- a fancy phone cover
- sweets every day
- a need
- people always need them
- a video game
- umbrellas and raincoats
- drinking water
- a bigger TV
- a want
- a need
- True
- rice and dal
- hot drinks
- a want
- True
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