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