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 is the odd one out? (a) designer sunglasses (b) a glitter pen set (c) a third pair of shoes (d) drinking water
- 2.🎯 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
- 3.🍱 A tiffin service mostly meets which? (a) a want: toys (b) a want: games (c) a need: food (d) nothing at all
- 4.True or false: “sweets every day” is a want. (a) False (b) True
- 5.❄️ On a cold winter morning, which stall would most people want? (a) ice lollies (b) paper fans (c) hot drinks (d) water guns
- 6.Which of these is a want? (a) a school uniform (b) a bigger TV (c) notebooks for school (d) a warm blanket
- 7.🔍 Which is the odd one out? (a) a party dress (b) a warm blanket (c) a bigger TV (d) a video game
- 8.Which of these is a want? (a) bus fare to school (b) a toy robot (c) a warm blanket (d) school shoes
- 9.True or false: “medicine when ill” is a need. (a) True (b) False
- 10.True or false: “a third pair of shoes” is a need. (a) True (b) False
- 11.🛒 Need or want: a glitter pen set? (a) a need (b) a want
- 12.Which of these is a need? (a) bus fare to school (b) a video game (c) sweets every day (d) a glitter pen set
- 13.🔍 Which is the odd one out? (a) sweets every day (b) a toy robot (c) notebooks for school (d) a party dress
- 14.True or false: “a bigger TV” is a want. (a) True (b) False
- 15.🛒 Need or want: medicine when ill? (a) a need (b) a want
- 16.🛒 Need or want: rice and dal? (a) a want (b) a need
- 17.🛒 Need or want: a toy robot? (a) a need (b) a want
- 18.Which of these is a need? (a) a glitter pen set (b) designer sunglasses (c) a toy robot (d) a roof over your head
- 19.🛒 Need or want: drinking water? (a) a want (b) a need
- 20.🛒 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
- 21.True or false: “designer sunglasses” is a need. (a) False (b) True
- 22.True or false: “a bigger TV” is a need. (a) True (b) False
- 23.Which of these is a need? (a) designer sunglasses (b) a party dress (c) a glitter pen set (d) a school uniform
- 24.🛒 Need or want: a bigger TV? (a) a want (b) a need
- 25.🛒 Need or want: a fancy phone cover? (a) a want (b) a need
- 26.🛒 Need or want: notebooks for school? (a) a want (b) a need
- 27.🔍 Which is the odd one out? (a) drinking water (b) rice and dal (c) a party dress (d) medicine when ill
- 28.🛒 Need or want: a video game? (a) a want (b) a need
- 29.💡 A need is something… (a) only rich people buy (b) we must have to live (c) made of plastic (d) nice but not needed
- 30.🛒 Need or want: a third pair of shoes? (a) a need (b) a want
- 31.Which of these is a want? (a) bus fare to school (b) a roof over your head (c) a sticker album (d) a warm blanket
- 32.True or false: “a fancy phone cover” is a need. (a) True (b) False
- 33.Which of these is a need? (a) rice and dal (b) a glitter pen set (c) sweets every day (d) designer sunglasses
- 34.Which of these is a need? (a) school shoes (b) a glitter pen set (c) a toy robot (d) a party dress
- 35.Which of these is a want? (a) drinking water (b) rice and dal (c) a video game (d) medicine when ill
- 36.🔍 Which is the odd one out? (a) school shoes (b) drinking water (c) soap (d) a video game
- 37.🔍 Which is the odd one out? (a) notebooks for school (b) a roof over your head (c) a glitter pen set (d) drinking water
- 38.Which of these is a need? (a) sweets every day (b) a third pair of shoes (c) drinking water (d) a bigger TV
- 39.🛒 Need or want: a sticker album? (a) a need (b) a want
- 40.🛒 Need or want: a roof over your head? (a) a need (b) a want
Answer key
- drinking water
- many people want it
- a need: food
- True
- hot drinks
- a bigger TV
- a warm blanket
- a toy robot
- True
- False
- a want
- bus fare to school
- notebooks for school
- True
- a need
- a need
- a want
- a roof over your head
- a need
- the needs
- False
- False
- a school uniform
- a want
- a want
- a need
- a party dress
- a want
- we must have to live
- a want
- a sticker album
- False
- rice and dal
- school shoes
- a video game
- a video game
- a glitter pen set
- drinking water
- a want
- a need
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