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