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 want? (a) medicine when ill (b) drinking water (c) a video game (d) notebooks for school
- 2.Which of these is a need? (a) a bigger TV (b) a sticker album (c) school shoes (d) a party dress
- 3.Which of these is a want? (a) drinking water (b) soap (c) a sticker album (d) rice and dal
- 4.🛒 Need or want: a video game? (a) a need (b) a want
- 5.True or false: “a bigger TV” is a need. (a) True (b) False
- 6.🛒 Need or want: school shoes? (a) a want (b) a need
- 7.True or false: “a roof over your head” is a want. (a) True (b) False
- 8.💡 A need is something… (a) made of plastic (b) only rich people buy (c) nice but not needed (d) we must have to live
- 9.🛒 Need or want: rice and dal? (a) a need (b) a want
- 10.Which of these is a want? (a) notebooks for school (b) medicine when ill (c) drinking water (d) a toy robot
- 11.True or false: “a toy robot” is a need. (a) False (b) True
- 12.True or false: “a school uniform” is a want. (a) True (b) False
- 13.True or false: “drinking water” is a want. (a) True (b) False
- 14.True or false: “medicine when ill” is a need. (a) True (b) False
- 15.🛒 Need or want: a fancy phone cover? (a) a want (b) a need
- 16.Which of these is a need? (a) a glitter pen set (b) a party dress (c) bus fare to school (d) a bigger TV
- 17.🛒 Need or want: drinking water? (a) a want (b) a need
- 18.True or false: “sweets every day” is a want. (a) False (b) True
- 19.Which of these is a need? (a) a video game (b) a sticker album (c) a fancy phone cover (d) a school uniform
- 20.🛒 Need or want: a school uniform? (a) a want (b) a need
- 21.🛒 Need or want: a toy robot? (a) a want (b) a need
- 22.True or false: “designer sunglasses” is a need. (a) True (b) False
- 23.Which of these is a want? (a) notebooks for school (b) soap (c) sweets every day (d) bus fare to school
- 24.True or false: “a warm blanket” is a want. (a) True (b) False
- 25.🔍 Which is the odd one out? (a) a sticker album (b) a school uniform (c) a party dress (d) sweets every day
- 26.🛒 Need or want: medicine when ill? (a) a want (b) a need
- 27.True or false: “rice and dal” is a need. (a) False (b) True
- 28.🔍 Which is the odd one out? (a) a glitter pen set (b) designer sunglasses (c) a warm blanket (d) a toy robot
- 29.True or false: “a sticker album” is a need. (a) False (b) True
- 30.🛒 Need or want: bus fare to school? (a) a need (b) a want
- 31.True or false: “a roof over your head” is a need. (a) False (b) True
- 32.🎯 A want can still be a good business when… (a) nobody likes it (b) it is not safe (c) many people want it (d) it breaks the rules
- 33.🔍 Which is the odd one out? (a) sweets every day (b) a school uniform (c) bus fare to school (d) drinking water
- 34.True or false: “drinking water” is a need. (a) True (b) False
- 35.☔ In the monsoon, which would sell best at a school gate? (a) woollen sweaters (b) umbrellas and raincoats (c) ice lollies (d) paper kites
- 36.🔍 Which is the odd one out? (a) drinking water (b) school shoes (c) soap (d) a fancy phone cover
- 37.Which of these is a want? (a) a warm blanket (b) bus fare to school (c) notebooks for school (d) a bigger TV
- 38.❄️ On a cold winter morning, which stall would most people want? (a) paper fans (b) water guns (c) hot drinks (d) ice lollies
- 39.🛒 Need or want: a sticker album? (a) a want (b) a need
- 40.True or false: “a video game” is a want. (a) False (b) True
Answer key
- a video game
- school shoes
- a sticker album
- a want
- False
- a need
- False
- we must have to live
- a need
- a toy robot
- False
- False
- False
- True
- a want
- bus fare to school
- a need
- True
- a school uniform
- a need
- a want
- False
- sweets every day
- False
- a school uniform
- a need
- True
- a warm blanket
- False
- a need
- True
- many people want it
- sweets every day
- True
- umbrellas and raincoats
- a fancy phone cover
- a bigger TV
- hot drinks
- a want
- True
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