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