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