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