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: “notebooks for school” is a want. (a) False (b) True
- 2.True or false: “medicine when ill” is a want. (a) False (b) True
- 3.Which of these is a need? (a) a fancy phone cover (b) a bigger TV (c) a school uniform (d) a glitter pen set
- 4.🛒 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
- 5.True or false: “a fancy phone cover” is a need. (a) True (b) False
- 6.Which of these is a want? (a) a fancy phone cover (b) notebooks for school (c) soap (d) medicine when ill
- 7.True or false: “a video game” is a want. (a) True (b) False
- 8.🛒 Need or want: soap? (a) a need (b) a want
- 9.Which of these is a need? (a) a fancy phone cover (b) rice and dal (c) a toy robot (d) a bigger TV
- 10.🔍 Which is the odd one out? (a) designer sunglasses (b) a third pair of shoes (c) bus fare to school (d) sweets every day
- 11.🛒 Need or want: a fancy phone cover? (a) a need (b) a want
- 12.🔍 Which is the odd one out? (a) a toy robot (b) designer sunglasses (c) a sticker album (d) rice and dal
- 13.Which of these is a need? (a) designer sunglasses (b) a video game (c) a sticker album (d) drinking water
- 14.🔍 Which is the odd one out? (a) notebooks for school (b) a glitter pen set (c) a school uniform (d) a roof over your head
- 15.True or false: “a bigger TV” is a want. (a) True (b) False
- 16.Which of these is a need? (a) a sticker album (b) a third pair of shoes (c) school shoes (d) sweets every day
- 17.Which of these is a need? (a) notebooks for school (b) a party dress (c) a third pair of shoes (d) designer sunglasses
- 18.Which of these is a need? (a) medicine when ill (b) a glitter pen set (c) a toy robot (d) designer sunglasses
- 19.🛒 Need or want: a sticker album? (a) a need (b) a want
- 20.❄️ On a cold winter morning, which stall would most people want? (a) ice lollies (b) paper fans (c) hot drinks (d) water guns
- 21.Which of these is a want? (a) a sticker album (b) medicine when ill (c) drinking water (d) rice and dal
- 22.☔ In the monsoon, which would sell best at a school gate? (a) umbrellas and raincoats (b) ice lollies (c) woollen sweaters (d) paper kites
- 23.🛒 Need or want: designer sunglasses? (a) a want (b) a need
- 24.True or false: “drinking water” is a need. (a) False (b) True
- 25.🔍 Which is the odd one out? (a) a roof over your head (b) a toy robot (c) school shoes (d) drinking water
- 26.🛒 Need or want: a glitter pen set? (a) a want (b) a need
- 27.True or false: “notebooks for school” is a need. (a) False (b) True
- 28.True or false: “a fancy phone cover” is a want. (a) True (b) False
- 29.🔍 Which is the odd one out? (a) medicine when ill (b) designer sunglasses (c) a bigger TV (d) a fancy phone cover
- 30.🛒 Need or want: a toy robot? (a) a need (b) a want
- 31.🔍 Which is the odd one out? (a) bus fare to school (b) a warm blanket (c) a video game (d) soap
- 32.🔍 Which is the odd one out? (a) a glitter pen set (b) a bigger TV (c) a toy robot (d) drinking water
- 33.Which of these is a need? (a) a party dress (b) a video game (c) soap (d) a glitter pen set
- 34.True or false: “a glitter pen set” is a want. (a) True (b) False
- 35.True or false: “a roof over your head” is a want. (a) True (b) False
- 36.🛒 Need or want: notebooks for school? (a) a need (b) a want
- 37.🔍 Which is the odd one out? (a) a roof over your head (b) sweets every day (c) a fancy phone cover (d) a party dress
- 38.🔍 Which is the odd one out? (a) rice and dal (b) notebooks for school (c) a sticker album (d) bus fare to school
- 39.💡 A need is something… (a) only rich people buy (b) nice but not needed (c) we must have to live (d) made of plastic
- 40.🛒 Need or want: a roof over your head? (a) a want (b) a need
Answer key
- False
- False
- a school uniform
- the needs
- False
- a fancy phone cover
- True
- a need
- rice and dal
- bus fare to school
- a want
- rice and dal
- drinking water
- a glitter pen set
- True
- school shoes
- notebooks for school
- medicine when ill
- a want
- hot drinks
- a sticker album
- umbrellas and raincoats
- a want
- True
- a toy robot
- a want
- True
- True
- medicine when ill
- a want
- a video game
- drinking water
- soap
- True
- False
- a need
- a roof over your head
- a sticker album
- we must have to live
- a need
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