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