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