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