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