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