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: “soap” is a need. (a) True (b) False
- 2.Which of these is a want? (a) school shoes (b) a warm blanket (c) a bigger TV (d) a roof over your head
- 3.True or false: “sweets every day” is a want. (a) True (b) False
- 4.🔍 Which is the odd one out? (a) a toy robot (b) bus fare to school (c) a fancy phone cover (d) designer sunglasses
- 5.🔍 Which is the odd one out? (a) a roof over your head (b) school shoes (c) a party dress (d) medicine when ill
- 6.🔍 Which is the odd one out? (a) sweets every day (b) a video game (c) rice and dal (d) a party dress
- 7.🛍️ 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
- 8.Which of these is a need? (a) soap (b) sweets every day (c) a fancy phone cover (d) a glitter pen set
- 9.Which of these is a need? (a) a fancy phone cover (b) rice and dal (c) designer sunglasses (d) a party dress
- 10.🛒 Need or want: a third pair of shoes? (a) a want (b) a need
- 11.True or false: “school shoes” is a need. (a) False (b) True
- 12.Which of these is a want? (a) medicine when ill (b) notebooks for school (c) sweets every day (d) school shoes
- 13.🔍 Which is the odd one out? (a) rice and dal (b) sweets every day (c) school shoes (d) bus fare to school
- 14.❄️ On a cold winter morning, which stall would most people want? (a) paper fans (b) water guns (c) hot drinks (d) ice lollies
- 15.🔍 Which is the odd one out? (a) a party dress (b) a bigger TV (c) medicine when ill (d) a video game
- 16.Which of these is a want? (a) a glitter pen set (b) soap (c) medicine when ill (d) drinking water
- 17.True or false: “a roof over your head” is a want. (a) True (b) False
- 18.True or false: “sweets every day” is a need. (a) True (b) False
- 19.True or false: “a sticker album” is a want. (a) False (b) True
- 20.Which of these is a need? (a) a party dress (b) a school uniform (c) a bigger TV (d) a fancy phone cover
- 21.True or false: “a school uniform” is a want. (a) True (b) False
- 22.🛒 Need or want: school shoes? (a) a want (b) a need
- 23.True or false: “a school uniform” is a need. (a) True (b) False
- 24.Which of these is a want? (a) rice and dal (b) a warm blanket (c) a sticker album (d) a school uniform
- 25.🛒 A family has little money. What should it buy first? (a) the costliest thing (b) the most fun thing (c) the wants (d) the needs
- 26.True or false: “a toy robot” is a want. (a) True (b) False
- 27.🛒 Need or want: drinking water? (a) a need (b) a want
- 28.🎯 A want can still be a good business when… (a) it is not safe (b) it breaks the rules (c) many people want it (d) nobody likes it
- 29.Which of these is a need? (a) a fancy phone cover (b) a video game (c) a roof over your head (d) designer sunglasses
- 30.🛒 Need or want: medicine when ill? (a) a need (b) a want
- 31.True or false: “medicine when ill” is a want. (a) False (b) True
- 32.🔍 Which is the odd one out? (a) sweets every day (b) a fancy phone cover (c) drinking water (d) a bigger TV
- 33.Which of these is a want? (a) a roof over your head (b) a school uniform (c) school shoes (d) a fancy phone cover
- 34.🛒 Need or want: a roof over your head? (a) a need (b) a want
- 35.Which of these is a want? (a) a school uniform (b) notebooks for school (c) designer sunglasses (d) medicine when ill
- 36.🛒 Need or want: notebooks for school? (a) a need (b) a want
- 37.🔍 Which is the odd one out? (a) a bigger TV (b) a school uniform (c) school shoes (d) soap
- 38.🔍 Which is the odd one out? (a) a fancy phone cover (b) notebooks for school (c) bus fare to school (d) rice and dal
- 39.🛒 Need or want: a bigger TV? (a) a need (b) a want
- 40.Which of these is a need? (a) sweets every day (b) a bigger TV (c) bus fare to school (d) designer sunglasses
Answer key
- True
- a bigger TV
- True
- bus fare to school
- a party dress
- rice and dal
- people always need them
- soap
- rice and dal
- a want
- True
- sweets every day
- sweets every day
- hot drinks
- medicine when ill
- a glitter pen set
- False
- False
- True
- a school uniform
- False
- a need
- True
- a sticker album
- the needs
- True
- a need
- many people want it
- a roof over your head
- a need
- False
- drinking water
- a fancy phone cover
- a need
- designer sunglasses
- a need
- a bigger TV
- a fancy phone cover
- a want
- bus fare to school
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