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