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) designer sunglasses (b) a third pair of shoes (c) medicine when ill (d) a sticker album
- 2.🎯 A want can still be a good business when… (a) nobody likes it (b) many people want it (c) it is not safe (d) it breaks the rules
- 3.Which of these is a want? (a) a sticker album (b) soap (c) bus fare to school (d) drinking water
- 4.🍱 A tiffin service mostly meets which? (a) a want: games (b) nothing at all (c) a want: toys (d) a need: food
- 5.🔍 Which is the odd one out? (a) a video game (b) a glitter pen set (c) notebooks for school (d) designer sunglasses
- 6.True or false: “medicine when ill” is a want. (a) False (b) True
- 7.True or false: “a sticker album” is a need. (a) True (b) False
- 8.True or false: “designer sunglasses” is a want. (a) False (b) True
- 9.True or false: “a glitter pen set” is a need. (a) True (b) False
- 10.🔍 Which is the odd one out? (a) drinking water (b) school shoes (c) a toy robot (d) a school uniform
- 11.🛒 Need or want: a school uniform? (a) a need (b) a want
- 12.Which of these is a want? (a) a roof over your head (b) a warm blanket (c) a fancy phone cover (d) bus fare to school
- 13.🛍️ Why do businesses that meet needs often sell all year? (a) nobody buys needs (b) needs are toys (c) needs are always free (d) people always need them
- 14.🔍 Which is the odd one out? (a) a toy robot (b) a third pair of shoes (c) a video game (d) a school uniform
- 15.🛒 Need or want: a sticker album? (a) a need (b) a want
- 16.🔍 Which is the odd one out? (a) drinking water (b) a fancy phone cover (c) medicine when ill (d) a warm blanket
- 17.True or false: “a third pair of shoes” is a want. (a) True (b) False
- 18.True or false: “a video game” is a want. (a) True (b) False
- 19.🛒 Need or want: notebooks for school? (a) a want (b) a need
- 20.🔍 Which is the odd one out? (a) a warm blanket (b) sweets every day (c) soap (d) medicine when ill
- 21.🛒 Need or want: a fancy phone cover? (a) a want (b) a need
- 22.True or false: “drinking water” is a need. (a) False (b) True
- 23.🛒 A family has little money. What should it buy first? (a) the costliest thing (b) the wants (c) the most fun thing (d) the needs
- 24.True or false: “soap” is a want. (a) True (b) False
- 25.🛒 Need or want: a warm blanket? (a) a want (b) a need
- 26.🛒 Need or want: a party dress? (a) a want (b) a need
- 27.Which of these is a need? (a) a video game (b) school shoes (c) a toy robot (d) a third pair of shoes
- 28.True or false: “a video game” is a need. (a) False (b) True
- 29.🔍 Which is the odd one out? (a) a party dress (b) a bigger TV (c) a roof over your head (d) a toy robot
- 30.Which of these is a need? (a) designer sunglasses (b) a glitter pen set (c) a school uniform (d) sweets every day
- 31.True or false: “school shoes” is a want. (a) True (b) False
- 32.🔍 Which is the odd one out? (a) a roof over your head (b) notebooks for school (c) medicine when ill (d) a bigger TV
- 33.🛒 Need or want: designer sunglasses? (a) a need (b) a want
- 34.🛒 Need or want: a bigger TV? (a) a need (b) a want
- 35.🛒 Need or want: a toy robot? (a) a want (b) a need
- 36.True or false: “a roof over your head” is a want. (a) True (b) False
- 37.🛒 Need or want: medicine when ill? (a) a want (b) a need
- 38.🛒 Need or want: bus fare to school? (a) a need (b) a want
- 39.🔍 Which is the odd one out? (a) bus fare to school (b) a warm blanket (c) notebooks for school (d) a glitter pen set
- 40.❄️ On a cold winter morning, which stall would most people want? (a) water guns (b) hot drinks (c) ice lollies (d) paper fans
Answer key
- medicine when ill
- many people want it
- a sticker album
- a need: food
- notebooks for school
- False
- False
- True
- False
- a toy robot
- a need
- a fancy phone cover
- people always need them
- a school uniform
- a want
- a fancy phone cover
- True
- True
- a need
- sweets every day
- a want
- True
- the needs
- False
- a need
- a want
- school shoes
- False
- a roof over your head
- a school uniform
- False
- a bigger TV
- a want
- a want
- a want
- False
- a need
- a need
- a glitter pen set
- hot drinks
Free entrepreneurship lessons, practice and worksheets at talentjr.in/entrepreneurship-for-kids