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