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