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