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.🛒 Need or want: a fancy phone cover? (a) a want (b) a need
- 2.True or false: “a roof over your head” is a need. (a) False (b) True
- 3.🔍 Which is the odd one out? (a) rice and dal (b) soap (c) a roof over your head (d) a party dress
- 4.🔍 Which is the odd one out? (a) school shoes (b) rice and dal (c) a school uniform (d) a sticker album
- 5.🛒 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
- 6.Which of these is a want? (a) drinking water (b) designer sunglasses (c) medicine when ill (d) bus fare to school
- 7.True or false: “soap” is a want. (a) False (b) True
- 8.🔍 Which is the odd one out? (a) a video game (b) a school uniform (c) medicine when ill (d) a roof over your head
- 9.🛒 Need or want: soap? (a) a need (b) a want
- 10.🛒 Need or want: school shoes? (a) a need (b) a want
- 11.Which of these is a want? (a) a glitter pen set (b) soap (c) medicine when ill (d) a warm blanket
- 12.🔍 Which is the odd one out? (a) a third pair of shoes (b) a toy robot (c) a fancy phone cover (d) medicine when ill
- 13.🔍 Which is the odd one out? (a) a party dress (b) a bigger TV (c) a roof over your head (d) a toy robot
- 14.🛒 Need or want: drinking water? (a) a need (b) a want
- 15.True or false: “a party dress” is a want. (a) False (b) True
- 16.🔍 Which is the odd one out? (a) school shoes (b) a warm blanket (c) drinking water (d) designer sunglasses
- 17.Which of these is a want? (a) a roof over your head (b) bus fare to school (c) a bigger TV (d) medicine when ill
- 18.🛒 Need or want: rice and dal? (a) a need (b) a want
- 19.🔍 Which is the odd one out? (a) a bigger TV (b) soap (c) a third pair of shoes (d) a video game
- 20.🛒 Need or want: a glitter pen set? (a) a need (b) a want
- 21.True or false: “rice and dal” is a need. (a) True (b) False
- 22.🛍️ Why do businesses that meet needs often sell all year? (a) nobody buys needs (b) needs are toys (c) people always need them (d) needs are always free
- 23.True or false: “a warm blanket” is a want. (a) False (b) True
- 24.Which of these is a want? (a) a school uniform (b) a warm blanket (c) a video game (d) school shoes
- 25.Which of these is a need? (a) a glitter pen set (b) a party dress (c) a third pair of shoes (d) school shoes
- 26.🔍 Which is the odd one out? (a) a fancy phone cover (b) a sticker album (c) a video game (d) notebooks for school
- 27.🛒 Need or want: a video game? (a) a want (b) a need
- 28.Which of these is a need? (a) sweets every day (b) a fancy phone cover (c) drinking water (d) designer sunglasses
- 29.True or false: “sweets every day” is a want. (a) False (b) True
- 30.True or false: “a roof over your head” is a want. (a) False (b) True
- 31.❄️ On a cold winter morning, which stall would most people want? (a) paper fans (b) ice lollies (c) water guns (d) hot drinks
- 32.☔ In the monsoon, which would sell best at a school gate? (a) paper kites (b) umbrellas and raincoats (c) ice lollies (d) woollen sweaters
- 33.True or false: “a toy robot” is a want. (a) False (b) True
- 34.🛒 Need or want: designer sunglasses? (a) a need (b) a want
- 35.True or false: “sweets every day” is a need. (a) True (b) False
- 36.🛒 Need or want: a school uniform? (a) a need (b) a want
- 37.Which of these is a want? (a) a sticker album (b) drinking water (c) rice and dal (d) a school uniform
- 38.🔍 Which is the odd one out? (a) drinking water (b) a video game (c) a sticker album (d) a bigger TV
- 39.True or false: “a fancy phone cover” is a want. (a) True (b) False
- 40.🛒 Need or want: a toy robot? (a) a want (b) a need
Answer key
- a want
- True
- a party dress
- a sticker album
- the needs
- designer sunglasses
- False
- a video game
- a need
- a need
- a glitter pen set
- medicine when ill
- a roof over your head
- a need
- True
- designer sunglasses
- a bigger TV
- a need
- soap
- a want
- True
- people always need them
- False
- a video game
- school shoes
- notebooks for school
- a want
- drinking water
- True
- False
- hot drinks
- umbrellas and raincoats
- True
- a want
- False
- a need
- a sticker album
- drinking water
- True
- a want
Free entrepreneurship lessons, practice and worksheets at talentjr.in/entrepreneurship-for-kids