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