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: “a roof over your head” is a want. (a) True (b) False
- 2.🎯 A want can still be a good business when… (a) it breaks the rules (b) many people want it (c) nobody likes it (d) it is not safe
- 3.🔍 Which is the odd one out? (a) a video game (b) a school uniform (c) notebooks for school (d) drinking water
- 4.🛒 Need or want: a bigger TV? (a) a need (b) a want
- 5.Which of these is a need? (a) a video game (b) a school uniform (c) a third pair of shoes (d) a fancy phone cover
- 6.True or false: “a glitter pen set” is a need. (a) False (b) True
- 7.True or false: “drinking water” is a want. (a) False (b) True
- 8.🔍 Which is the odd one out? (a) a bigger TV (b) drinking water (c) a third pair of shoes (d) a fancy phone cover
- 9.🛒 Need or want: a glitter pen set? (a) a want (b) a need
- 10.🛒 Need or want: a warm blanket? (a) a need (b) a want
- 11.🔍 Which is the odd one out? (a) a toy robot (b) notebooks for school (c) soap (d) drinking water
- 12.🛒 Need or want: designer sunglasses? (a) a need (b) a want
- 13.🔍 Which is the odd one out? (a) rice and dal (b) notebooks for school (c) a sticker album (d) bus fare to school
- 14.Which of these is a need? (a) a sticker album (b) medicine when ill (c) sweets every day (d) a fancy phone cover
- 15.🛒 Need or want: medicine when ill? (a) a need (b) a want
- 16.🔍 Which is the odd one out? (a) notebooks for school (b) soap (c) rice and dal (d) designer sunglasses
- 17.True or false: “a sticker album” is a need. (a) True (b) False
- 18.Which of these is a want? (a) a toy robot (b) a school uniform (c) rice and dal (d) school shoes
- 19.True or false: “a fancy phone cover” is a want. (a) False (b) True
- 20.🔍 Which is the odd one out? (a) a school uniform (b) school shoes (c) soap (d) sweets every day
- 21.💡 A need is something… (a) made of plastic (b) nice but not needed (c) we must have to live (d) only rich people buy
- 22.🛒 Need or want: drinking water? (a) a need (b) a want
- 23.True or false: “a third pair of shoes” is a need. (a) True (b) False
- 24.Which of these is a need? (a) a toy robot (b) bus fare to school (c) a video game (d) sweets every day
- 25.🛒 Need or want: a third pair of shoes? (a) a need (b) a want
- 26.🔍 Which is the odd one out? (a) a sticker album (b) designer sunglasses (c) rice and dal (d) a glitter pen set
- 27.True or false: “a party dress” is a want. (a) False (b) True
- 28.Which of these is a want? (a) medicine when ill (b) bus fare to school (c) notebooks for school (d) sweets every day
- 29.Which of these is a need? (a) a third pair of shoes (b) designer sunglasses (c) a fancy phone cover (d) a roof over your head
- 30.🛒 Need or want: a sticker album? (a) a want (b) a need
- 31.🔍 Which is the odd one out? (a) a video game (b) sweets every day (c) designer sunglasses (d) a roof over your head
- 32.🛒 Need or want: sweets every day? (a) a want (b) a need
- 33.🛒 Need or want: school shoes? (a) a want (b) a need
- 34.❄️ On a cold winter morning, which stall would most people want? (a) water guns (b) hot drinks (c) paper fans (d) ice lollies
- 35.🛒 Need or want: a video game? (a) a need (b) a want
- 36.☔ In the monsoon, which would sell best at a school gate? (a) paper kites (b) woollen sweaters (c) ice lollies (d) umbrellas and raincoats
- 37.True or false: “a video game” is a want. (a) False (b) True
- 38.🛒 A family has little money. What should it buy first? (a) the wants (b) the most fun thing (c) the costliest thing (d) the needs
- 39.🛒 Need or want: soap? (a) a want (b) a need
- 40.Which of these is a need? (a) a fancy phone cover (b) drinking water (c) sweets every day (d) a video game
Answer key
- False
- many people want it
- a video game
- a want
- a school uniform
- False
- False
- drinking water
- a want
- a need
- a toy robot
- a want
- a sticker album
- medicine when ill
- a need
- designer sunglasses
- False
- a toy robot
- True
- sweets every day
- we must have to live
- a need
- False
- bus fare to school
- a want
- rice and dal
- True
- sweets every day
- a roof over your head
- a want
- a roof over your head
- a want
- a need
- hot drinks
- a want
- umbrellas and raincoats
- True
- the needs
- a need
- drinking water
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