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