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