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.🛒 Need or want: a sticker album? (a) a want (b) a need
- 2.True or false: “sweets every day” is a need. (a) False (b) True
- 3.🛒 A family has little money. What should it buy first? (a) the costliest thing (b) the wants (c) the needs (d) the most fun thing
- 4.Which of these is a need? (a) sweets every day (b) a video game (c) a fancy phone cover (d) notebooks for school
- 5.Which of these is a want? (a) school shoes (b) a video game (c) a school uniform (d) a warm blanket
- 6.🛒 Need or want: a fancy phone cover? (a) a need (b) a want
- 7.Which of these is a want? (a) bus fare to school (b) school shoes (c) a glitter pen set (d) rice and dal
- 8.True or false: “medicine when ill” is a want. (a) True (b) False
- 9.💡 A need is something… (a) made of plastic (b) we must have to live (c) nice but not needed (d) only rich people buy
- 10.🔍 Which is the odd one out? (a) a warm blanket (b) school shoes (c) a third pair of shoes (d) rice and dal
- 11.🛒 Need or want: school shoes? (a) a need (b) a want
- 12.🔍 Which is the odd one out? (a) rice and dal (b) medicine when ill (c) a warm blanket (d) a video game
- 13.True or false: “designer sunglasses” is a need. (a) True (b) False
- 14.🛒 Need or want: a video game? (a) a want (b) a need
- 15.🛍️ Why do businesses that meet needs often sell all year? (a) nobody buys needs (b) needs are always free (c) people always need them (d) needs are toys
- 16.🛒 Need or want: a school uniform? (a) a need (b) a want
- 17.Which of these is a want? (a) a roof over your head (b) designer sunglasses (c) a school uniform (d) school shoes
- 18.🔍 Which is the odd one out? (a) designer sunglasses (b) a school uniform (c) a bigger TV (d) a third pair of shoes
- 19.🛒 Need or want: a glitter pen set? (a) a want (b) a need
- 20.True or false: “a school uniform” is a need. (a) True (b) False
- 21.Which of these is a need? (a) a party dress (b) a video game (c) a fancy phone cover (d) medicine when ill
- 22.Which of these is a want? (a) a roof over your head (b) notebooks for school (c) a school uniform (d) a fancy phone cover
- 23.Which of these is a need? (a) a third pair of shoes (b) a sticker album (c) a bigger TV (d) school shoes
- 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 is the odd one out? (a) a video game (b) soap (c) a fancy phone cover (d) a toy robot
- 26.True or false: “notebooks for school” is a want. (a) False (b) True
- 27.🛒 Need or want: sweets every day? (a) a want (b) a need
- 28.🔍 Which is the odd one out? (a) medicine when ill (b) sweets every day (c) a sticker album (d) a fancy phone cover
- 29.🔍 Which is the odd one out? (a) a roof over your head (b) a video game (c) designer sunglasses (d) a party dress
- 30.🛒 Need or want: drinking water? (a) a need (b) a want
- 31.❄️ On a cold winter morning, which stall would most people want? (a) hot drinks (b) paper fans (c) water guns (d) ice lollies
- 32.🔍 Which is the odd one out? (a) school shoes (b) bus fare to school (c) a sticker album (d) rice and dal
- 33.Which of these is a need? (a) a sticker album (b) a bigger TV (c) a toy robot (d) a warm blanket
- 34.True or false: “a sticker album” is a want. (a) True (b) False
- 35.True or false: “rice and dal” is a want. (a) False (b) True
- 36.True or false: “notebooks for school” is a need. (a) False (b) True
- 37.True or false: “school shoes” is a need. (a) True (b) False
- 38.True or false: “soap” is a want. (a) False (b) True
- 39.🛒 Need or want: soap? (a) a want (b) a need
- 40.True or false: “a toy robot” is a need. (a) False (b) True
Answer key
- a want
- False
- the needs
- notebooks for school
- a video game
- a want
- a glitter pen set
- False
- we must have to live
- a third pair of shoes
- a need
- a video game
- False
- a want
- people always need them
- a need
- designer sunglasses
- a school uniform
- a want
- True
- medicine when ill
- a fancy phone cover
- school shoes
- a need: food
- soap
- False
- a want
- medicine when ill
- a roof over your head
- a need
- hot drinks
- a sticker album
- a warm blanket
- True
- False
- True
- True
- False
- a need
- False
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