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