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