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