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