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