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