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