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