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 is the odd one out? (a) rice and dal (b) bus fare to school (c) medicine when ill (d) a bigger TV
- 2.True or false: “a third pair of shoes” is a want. (a) False (b) True
- 3.🛒 Need or want: rice and dal? (a) a want (b) a need
- 4.🔍 Which is the odd one out? (a) a video game (b) bus fare to school (c) a warm blanket (d) school shoes
- 5.🔍 Which is the odd one out? (a) a third pair of shoes (b) a sticker album (c) a fancy phone cover (d) a roof over your head
- 6.True or false: “a warm blanket” is a want. (a) False (b) True
- 7.🔍 Which is the odd one out? (a) a warm blanket (b) a third pair of shoes (c) a school uniform (d) drinking water
- 8.Which of these is a want? (a) a roof over your head (b) soap (c) medicine when ill (d) a fancy phone cover
- 9.🔍 Which is the odd one out? (a) a school uniform (b) a toy robot (c) school shoes (d) drinking water
- 10.🛒 Need or want: a sticker album? (a) a want (b) a need
- 11.Which of these is a need? (a) a video game (b) a toy robot (c) medicine when ill (d) a fancy phone cover
- 12.Which of these is a want? (a) a roof over your head (b) a warm blanket (c) school shoes (d) a bigger TV
- 13.❄️ On a cold winter morning, which stall would most people want? (a) ice lollies (b) paper fans (c) hot drinks (d) water guns
- 14.🛍️ 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
- 15.True or false: “drinking water” is a want. (a) False (b) True
- 16.🍱 A tiffin service mostly meets which? (a) nothing at all (b) a want: toys (c) a want: games (d) a need: food
- 17.True or false: “bus fare to school” is a want. (a) False (b) True
- 18.Which of these is a need? (a) drinking water (b) a video game (c) a toy robot (d) a fancy phone cover
- 19.Which of these is a need? (a) rice and dal (b) a third pair of shoes (c) a bigger TV (d) a party dress
- 20.💡 A need is something… (a) made of plastic (b) nice but not needed (c) we must have to live (d) only rich people buy
- 21.🔍 Which is the odd one out? (a) a third pair of shoes (b) designer sunglasses (c) a fancy phone cover (d) soap
- 22.True or false: “sweets every day” is a need. (a) True (b) False
- 23.Which of these is a want? (a) soap (b) a glitter pen set (c) a roof over your head (d) a school uniform
- 24.🛒 Need or want: school shoes? (a) a want (b) a need
- 25.True or false: “rice and dal” is a want. (a) True (b) False
- 26.🛒 Need or want: a bigger TV? (a) a want (b) a need
- 27.Which of these is a need? (a) designer sunglasses (b) a video game (c) school shoes (d) a fancy phone cover
- 28.🛒 Need or want: a toy robot? (a) a need (b) a want
- 29.🔍 Which is the odd one out? (a) a bigger TV (b) sweets every day (c) a glitter pen set (d) rice and dal
- 30.Which of these is a want? (a) a party dress (b) soap (c) a school uniform (d) a roof over your head
- 31.🛒 Need or want: a roof over your head? (a) a want (b) a need
- 32.🛒 Need or want: a party dress? (a) a want (b) a need
- 33.🔍 Which is the odd one out? (a) a video game (b) a third pair of shoes (c) designer sunglasses (d) notebooks for school
- 34.🔍 Which is the odd one out? (a) a third pair of shoes (b) a party dress (c) bus fare to school (d) a fancy phone cover
- 35.🛒 Need or want: a school uniform? (a) a want (b) a need
- 36.Which of these is a want? (a) notebooks for school (b) soap (c) a toy robot (d) a warm blanket
- 37.Which of these is a need? (a) a glitter pen set (b) a school uniform (c) a party dress (d) a bigger TV
- 38.🛒 A family has little money. What should it buy first? (a) the most fun thing (b) the costliest thing (c) the wants (d) the needs
- 39.True or false: “a video game” is a want. (a) False (b) True
- 40.True or false: “medicine when ill” is a want. (a) False (b) True
Answer key
- a bigger TV
- True
- a need
- a video game
- a roof over your head
- False
- a third pair of shoes
- a fancy phone cover
- a toy robot
- a want
- medicine when ill
- a bigger TV
- hot drinks
- people always need them
- False
- a need: food
- False
- drinking water
- rice and dal
- we must have to live
- soap
- False
- a glitter pen set
- a need
- False
- a want
- school shoes
- a want
- rice and dal
- a party dress
- a need
- a want
- notebooks for school
- bus fare to school
- a need
- a toy robot
- a school uniform
- the needs
- True
- False
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