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