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: medicine when ill? (a) a want (b) a need
- 2.Which of these is a want? (a) a warm blanket (b) a toy robot (c) bus fare to school (d) a school uniform
- 3.🎯 A want can still be a good business when… (a) it breaks the rules (b) many people want it (c) it is not safe (d) nobody likes it
- 4.🛒 A family has little money. What should it buy first? (a) the wants (b) the most fun thing (c) the needs (d) the costliest thing
- 5.🔍 Which is the odd one out? (a) a sticker album (b) a toy robot (c) a bigger TV (d) bus fare to school
- 6.Which of these is a need? (a) a party dress (b) medicine when ill (c) a fancy phone cover (d) a bigger TV
- 7.Which of these is a want? (a) medicine when ill (b) a fancy phone cover (c) a roof over your head (d) a school uniform
- 8.🛒 Need or want: notebooks for school? (a) a want (b) a need
- 9.Which of these is a need? (a) a toy robot (b) a party dress (c) a third pair of shoes (d) a warm blanket
- 10.☔ In the monsoon, which would sell best at a school gate? (a) ice lollies (b) paper kites (c) woollen sweaters (d) umbrellas and raincoats
- 11.True or false: “rice and dal” is a need. (a) False (b) True
- 12.🔍 Which is the odd one out? (a) a warm blanket (b) a school uniform (c) a toy robot (d) notebooks for school
- 13.🛒 Need or want: a party dress? (a) a need (b) a want
- 14.🛒 Need or want: designer sunglasses? (a) a want (b) a need
- 15.True or false: “a fancy phone cover” is a need. (a) False (b) True
- 16.🛒 Need or want: a roof over your head? (a) a want (b) a need
- 17.🔍 Which is the odd one out? (a) a roof over your head (b) a fancy phone cover (c) a glitter pen set (d) a video game
- 18.💡 A need is something… (a) made of plastic (b) only rich people buy (c) nice but not needed (d) we must have to live
- 19.❄️ On a cold winter morning, which stall would most people want? (a) hot drinks (b) water guns (c) paper fans (d) ice lollies
- 20.🛒 Need or want: a glitter pen set? (a) a need (b) a want
- 21.🔍 Which is the odd one out? (a) a warm blanket (b) a video game (c) a third pair of shoes (d) a bigger TV
- 22.🛒 Need or want: rice and dal? (a) a need (b) a want
- 23.True or false: “a bigger TV” is a need. (a) False (b) True
- 24.Which of these is a need? (a) a third pair of shoes (b) a toy robot (c) notebooks for school (d) a video game
- 25.Which of these is a want? (a) rice and dal (b) a glitter pen set (c) drinking water (d) a roof over your head
- 26.Which of these is a need? (a) a bigger TV (b) a fancy phone cover (c) a third pair of shoes (d) school shoes
- 27.Which of these is a need? (a) a video game (b) rice and dal (c) a third pair of shoes (d) designer sunglasses
- 28.🔍 Which is the odd one out? (a) a school uniform (b) notebooks for school (c) rice and dal (d) a glitter pen set
- 29.Which of these is a need? (a) drinking water (b) a glitter pen set (c) a sticker album (d) a third pair of shoes
- 30.🔍 Which is the odd one out? (a) rice and dal (b) a warm blanket (c) a third pair of shoes (d) drinking water
- 31.True or false: “a roof over your head” is a need. (a) False (b) True
- 32.🛒 Need or want: a toy robot? (a) a want (b) a need
- 33.🛒 Need or want: soap? (a) a want (b) a need
- 34.True or false: “sweets every day” is a need. (a) False (b) True
- 35.True or false: “a glitter pen set” is a need. (a) False (b) True
- 36.Which of these is a need? (a) a video game (b) bus fare to school (c) a sticker album (d) a bigger TV
- 37.🔍 Which is the odd one out? (a) a video game (b) a sticker album (c) soap (d) a fancy phone cover
- 38.True or false: “medicine when ill” is a need. (a) True (b) False
- 39.🛒 Need or want: school shoes? (a) a want (b) a need
- 40.True or false: “a school uniform” is a need. (a) False (b) True
Answer key
- a need
- a toy robot
- many people want it
- the needs
- bus fare to school
- medicine when ill
- a fancy phone cover
- a need
- a warm blanket
- umbrellas and raincoats
- True
- a toy robot
- a want
- a want
- False
- a need
- a roof over your head
- we must have to live
- hot drinks
- a want
- a warm blanket
- a need
- False
- notebooks for school
- a glitter pen set
- school shoes
- rice and dal
- a glitter pen set
- drinking water
- a third pair of shoes
- True
- a want
- a need
- False
- False
- bus fare to school
- soap
- True
- a need
- True
Free entrepreneurship lessons, practice and worksheets at talentjr.in/entrepreneurship-for-kids