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