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) ice lollies (b) hot drinks (c) water guns (d) paper fans
- 2.Which of these is a want? (a) a warm blanket (b) sweets every day (c) school shoes (d) bus fare to school
- 3.🔍 Which is the odd one out? (a) a warm blanket (b) a school uniform (c) notebooks for school (d) a third pair of shoes
- 4.Which of these is a need? (a) medicine when ill (b) designer sunglasses (c) a toy robot (d) a bigger TV
- 5.🛒 Need or want: a glitter pen set? (a) a want (b) a need
- 6.Which of these is a want? (a) school shoes (b) a roof over your head (c) notebooks for school (d) a glitter pen set
- 7.💡 A need is something… (a) only rich people buy (b) nice but not needed (c) made of plastic (d) we must have to live
- 8.🍱 A tiffin service mostly meets which? (a) a need: food (b) nothing at all (c) a want: toys (d) a want: games
- 9.🔍 Which is the odd one out? (a) designer sunglasses (b) rice and dal (c) a third pair of shoes (d) a video game
- 10.🔍 Which is the odd one out? (a) a toy robot (b) a fancy phone cover (c) a bigger TV (d) bus fare to school
- 11.True or false: “sweets every day” is a need. (a) True (b) False
- 12.🛒 A family has little money. What should it buy first? (a) the costliest thing (b) the most fun thing (c) the wants (d) the needs
- 13.Which of these is a need? (a) drinking water (b) a party dress (c) a glitter pen set (d) a video game
- 14.True or false: “a sticker album” is a want. (a) False (b) True
- 15.🛒 Need or want: notebooks for school? (a) a need (b) a want
- 16.🔍 Which is the odd one out? (a) school shoes (b) bus fare to school (c) a toy robot (d) rice and dal
- 17.🎯 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
- 18.🛍️ 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
- 19.True or false: “medicine when ill” is a want. (a) True (b) False
- 20.True or false: “a bigger TV” is a want. (a) False (b) True
- 21.True or false: “a toy robot” is a need. (a) True (b) False
- 22.🔍 Which is the odd one out? (a) bus fare to school (b) a warm blanket (c) a bigger TV (d) notebooks for school
- 23.🛒 Need or want: bus fare to school? (a) a want (b) a need
- 24.☔ In the monsoon, which would sell best at a school gate? (a) ice lollies (b) umbrellas and raincoats (c) woollen sweaters (d) paper kites
- 25.True or false: “a sticker album” is a need. (a) True (b) False
- 26.🔍 Which is the odd one out? (a) a third pair of shoes (b) designer sunglasses (c) a bigger TV (d) drinking water
- 27.🛒 Need or want: a third pair of shoes? (a) a want (b) a need
- 28.Which of these is a need? (a) a fancy phone cover (b) a school uniform (c) a sticker album (d) a party dress
- 29.🔍 Which is the odd one out? (a) a school uniform (b) notebooks for school (c) sweets every day (d) medicine when ill
- 30.True or false: “drinking water” is a need. (a) False (b) True
- 31.🔍 Which is the odd one out? (a) a third pair of shoes (b) medicine when ill (c) a fancy phone cover (d) sweets every day
- 32.🛒 Need or want: rice and dal? (a) a need (b) a want
- 33.🛒 Need or want: a warm blanket? (a) a want (b) a need
- 34.Which of these is a want? (a) school shoes (b) a warm blanket (c) a third pair of shoes (d) drinking water
- 35.Which of these is a want? (a) a roof over your head (b) medicine when ill (c) drinking water (d) a toy robot
- 36.🔍 Which is the odd one out? (a) a fancy phone cover (b) a video game (c) a glitter pen set (d) a school uniform
- 37.🔍 Which is the odd one out? (a) soap (b) a warm blanket (c) drinking water (d) a video game
- 38.🛒 Need or want: soap? (a) a need (b) a want
- 39.🛒 Need or want: a video game? (a) a want (b) a need
- 40.🔍 Which is the odd one out? (a) a sticker album (b) a glitter pen set (c) sweets every day (d) soap
Answer key
- hot drinks
- sweets every day
- a third pair of shoes
- medicine when ill
- a want
- a glitter pen set
- we must have to live
- a need: food
- rice and dal
- bus fare to school
- False
- the needs
- drinking water
- True
- a need
- a toy robot
- many people want it
- people always need them
- False
- True
- False
- a bigger TV
- a need
- umbrellas and raincoats
- False
- drinking water
- a want
- a school uniform
- sweets every day
- True
- medicine when ill
- a need
- a need
- a third pair of shoes
- a toy robot
- a school uniform
- a video game
- a need
- a want
- soap
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