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 is the odd one out? (a) sweets every day (b) a glitter pen set (c) a bigger TV (d) drinking water
- 2.🛒 Need or want: a glitter pen set? (a) a need (b) a want
- 3.☔ In the monsoon, which would sell best at a school gate? (a) umbrellas and raincoats (b) woollen sweaters (c) ice lollies (d) paper kites
- 4.🔍 Which is the odd one out? (a) bus fare to school (b) a bigger TV (c) drinking water (d) rice and dal
- 5.Which of these is a need? (a) a glitter pen set (b) rice and dal (c) a sticker album (d) a video game
- 6.Which of these is a want? (a) a warm blanket (b) a roof over your head (c) a video game (d) school shoes
- 7.🛒 Need or want: a video game? (a) a want (b) a need
- 8.🔍 Which is the odd one out? (a) school shoes (b) a school uniform (c) designer sunglasses (d) rice and dal
- 9.🛒 Need or want: a fancy phone cover? (a) a want (b) a need
- 10.Which of these is a need? (a) a party dress (b) drinking water (c) a fancy phone cover (d) a sticker album
- 11.True or false: “a bigger TV” is a want. (a) False (b) True
- 12.🛒 A family has little money. What should it buy first? (a) the wants (b) the needs (c) the costliest thing (d) the most fun thing
- 13.True or false: “a sticker album” is a need. (a) False (b) True
- 14.True or false: “a third pair of shoes” is a need. (a) True (b) False
- 15.True or false: “drinking water” is a need. (a) False (b) True
- 16.🛒 Need or want: sweets every day? (a) a want (b) a need
- 17.🍱 A tiffin service mostly meets which? (a) a want: toys (b) a want: games (c) nothing at all (d) a need: food
- 18.True or false: “sweets every day” is a need. (a) True (b) False
- 19.True or false: “bus fare to school” is a want. (a) True (b) False
- 20.True or false: “a third pair of shoes” is a want. (a) True (b) False
- 21.Which of these is a need? (a) a bigger TV (b) a roof over your head (c) a third pair of shoes (d) a toy robot
- 22.🛍️ Why do businesses that meet needs often sell all year? (a) people always need them (b) nobody buys needs (c) needs are always free (d) needs are toys
- 23.Which of these is a want? (a) bus fare to school (b) rice and dal (c) a school uniform (d) a fancy phone cover
- 24.True or false: “a bigger TV” is a need. (a) True (b) False
- 25.Which of these is a want? (a) notebooks for school (b) a sticker album (c) school shoes (d) drinking water
- 26.🛒 Need or want: a party dress? (a) a want (b) a need
- 27.True or false: “a sticker album” is a want. (a) True (b) False
- 28.Which of these is a need? (a) a toy robot (b) designer sunglasses (c) a video game (d) a warm blanket
- 29.True or false: “rice and dal” is a need. (a) True (b) False
- 30.True or false: “a party dress” is a want. (a) False (b) True
- 31.🛒 Need or want: a roof over your head? (a) a need (b) a want
- 32.🔍 Which is the odd one out? (a) a roof over your head (b) drinking water (c) a school uniform (d) a sticker album
- 33.Which of these is a want? (a) a school uniform (b) rice and dal (c) drinking water (d) a glitter pen set
- 34.🔍 Which is the odd one out? (a) a sticker album (b) designer sunglasses (c) a school uniform (d) a fancy phone cover
- 35.🛒 Need or want: rice and dal? (a) a need (b) a want
- 36.Which of these is a want? (a) a toy robot (b) notebooks for school (c) a school uniform (d) bus fare to school
- 37.True or false: “a roof over your head” is a need. (a) False (b) True
- 38.🛒 Need or want: notebooks for school? (a) a need (b) a want
- 39.🛒 Need or want: drinking water? (a) a want (b) a need
- 40.🔍 Which is the odd one out? (a) sweets every day (b) a party dress (c) a fancy phone cover (d) rice and dal
Answer key
- drinking water
- a want
- umbrellas and raincoats
- a bigger TV
- rice and dal
- a video game
- a want
- designer sunglasses
- a want
- drinking water
- True
- the needs
- False
- False
- True
- a want
- a need: food
- False
- False
- True
- a roof over your head
- people always need them
- a fancy phone cover
- False
- a sticker album
- a want
- True
- a warm blanket
- True
- True
- a need
- a sticker album
- a glitter pen set
- a school uniform
- a need
- a toy robot
- True
- a need
- a need
- rice and dal
Free entrepreneurship lessons, practice and worksheets at talentjr.in/entrepreneurship-for-kids