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