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) a bigger TV (b) school shoes (c) a video game (d) a sticker album
- 2.Which of these is a need? (a) a third pair of shoes (b) bus fare to school (c) a bigger TV (d) a party dress
- 3.🛒 Need or want: medicine when ill? (a) a want (b) a need
- 4.True or false: “a school uniform” is a want. (a) False (b) True
- 5.Which of these is a want? (a) notebooks for school (b) a sticker album (c) bus fare to school (d) drinking water
- 6.🍱 A tiffin service mostly meets which? (a) nothing at all (b) a want: games (c) a want: toys (d) a need: food
- 7.🔍 Which is the odd one out? (a) notebooks for school (b) bus fare to school (c) school shoes (d) a video game
- 8.True or false: “a third pair of shoes” is a need. (a) True (b) False
- 9.🛒 Need or want: designer sunglasses? (a) a need (b) a want
- 10.Which of these is a want? (a) notebooks for school (b) a school uniform (c) designer sunglasses (d) medicine when ill
- 11.Which of these is a want? (a) a warm blanket (b) notebooks for school (c) a fancy phone cover (d) school shoes
- 12.Which of these is a want? (a) school shoes (b) soap (c) a video game (d) a school uniform
- 13.🛒 Need or want: sweets every day? (a) a need (b) a want
- 14.🛒 Need or want: school shoes? (a) a want (b) a need
- 15.☔ In the monsoon, which would sell best at a school gate? (a) ice lollies (b) woollen sweaters (c) paper kites (d) umbrellas and raincoats
- 16.True or false: “school shoes” is a need. (a) False (b) True
- 17.Which of these is a need? (a) a toy robot (b) a video game (c) sweets every day (d) a roof over your head
- 18.True or false: “a glitter pen set” is a want. (a) True (b) False
- 19.🔍 Which is the odd one out? (a) rice and dal (b) a fancy phone cover (c) bus fare to school (d) medicine when ill
- 20.🛒 Need or want: notebooks for school? (a) a need (b) a want
- 21.🛒 Need or want: bus fare to school? (a) a want (b) a need
- 22.💡 A need is something… (a) nice but not needed (b) only rich people buy (c) made of plastic (d) we must have to live
- 23.🔍 Which is the odd one out? (a) soap (b) a bigger TV (c) medicine when ill (d) rice and dal
- 24.True or false: “a fancy phone cover” is a want. (a) False (b) True
- 25.Which of these is a need? (a) a third pair of shoes (b) sweets every day (c) school shoes (d) a sticker album
- 26.True or false: “sweets every day” is a want. (a) True (b) False
- 27.🛍️ 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
- 28.Which of these is a need? (a) a party dress (b) a bigger TV (c) soap (d) sweets every day
- 29.🛒 Need or want: a school uniform? (a) a want (b) a need
- 30.🛒 Need or want: a fancy phone cover? (a) a need (b) a want
- 31.Which of these is a need? (a) a bigger TV (b) a fancy phone cover (c) a sticker album (d) drinking water
- 32.🔍 Which is the odd one out? (a) a glitter pen set (b) sweets every day (c) a video game (d) drinking water
- 33.🔍 Which is the odd one out? (a) a school uniform (b) bus fare to school (c) a toy robot (d) drinking water
- 34.True or false: “designer sunglasses” is a need. (a) False (b) True
- 35.🔍 Which is the odd one out? (a) bus fare to school (b) a roof over your head (c) designer sunglasses (d) a warm blanket
- 36.True or false: “a school uniform” is a need. (a) False (b) True
- 37.🛒 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
- 38.🛒 Need or want: drinking water? (a) a want (b) a need
- 39.🛒 Need or want: rice and dal? (a) a want (b) a need
- 40.🎯 A want can still be a good business when… (a) nobody likes it (b) it is not safe (c) it breaks the rules (d) many people want it
Answer key
- school shoes
- bus fare to school
- a need
- False
- a sticker album
- a need: food
- a video game
- False
- a want
- designer sunglasses
- a fancy phone cover
- a video game
- a want
- a need
- umbrellas and raincoats
- True
- a roof over your head
- True
- a fancy phone cover
- a need
- a need
- we must have to live
- a bigger TV
- True
- school shoes
- True
- people always need them
- soap
- a need
- a want
- drinking water
- drinking water
- a toy robot
- False
- designer sunglasses
- True
- the needs
- a need
- a need
- many people want it
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