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