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