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