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