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