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