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