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