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.💡 A need is something… (a) nice but not needed (b) we must have to live (c) made of plastic (d) only rich people buy
- 2.🛒 Need or want: a video game? (a) a need (b) a want
- 3.Which of these is a need? (a) a toy robot (b) a sticker album (c) soap (d) a glitter pen set
- 4.Which of these is a want? (a) school shoes (b) a warm blanket (c) drinking water (d) a party dress
- 5.Which of these is a want? (a) drinking water (b) a video game (c) a warm blanket (d) medicine when ill
- 6.🔍 Which is the odd one out? (a) a party dress (b) a video game (c) designer sunglasses (d) rice and dal
- 7.🔍 Which is the odd one out? (a) a fancy phone cover (b) a party dress (c) designer sunglasses (d) a school uniform
- 8.🛒 Need or want: a bigger TV? (a) a want (b) a need
- 9.🛒 Need or want: a school uniform? (a) a want (b) a need
- 10.Which of these is a want? (a) designer sunglasses (b) drinking water (c) notebooks for school (d) a roof over your head
- 11.Which of these is a need? (a) sweets every day (b) a video game (c) a bigger TV (d) a warm blanket
- 12.🔍 Which is the odd one out? (a) a glitter pen set (b) a party dress (c) a roof over your head (d) a toy robot
- 13.🛒 Need or want: a fancy phone cover? (a) a need (b) a want
- 14.🛒 Need or want: bus fare to school? (a) a want (b) a need
- 15.True or false: “designer sunglasses” is a want. (a) True (b) False
- 16.🛒 Need or want: a third pair of shoes? (a) a want (b) a need
- 17.True or false: “medicine when ill” is a need. (a) False (b) True
- 18.🍱 A tiffin service mostly meets which? (a) a need: food (b) nothing at all (c) a want: games (d) a want: toys
- 19.Which of these is a need? (a) a sticker album (b) designer sunglasses (c) a school uniform (d) a fancy phone cover
- 20.🔍 Which is the odd one out? (a) a warm blanket (b) a sticker album (c) a third pair of shoes (d) a toy robot
- 21.Which of these is a want? (a) bus fare to school (b) a glitter pen set (c) soap (d) school shoes
- 22.Which of these is a want? (a) notebooks for school (b) a warm blanket (c) a third pair of shoes (d) bus fare to school
- 23.🛒 Need or want: rice and dal? (a) a need (b) a want
- 24.🔍 Which is the odd one out? (a) a party dress (b) a sticker album (c) notebooks for school (d) a video game
- 25.🛒 Need or want: designer sunglasses? (a) a need (b) a want
- 26.🔍 Which is the odd one out? (a) school shoes (b) a party dress (c) bus fare to school (d) a roof over your head
- 27.🔍 Which is the odd one out? (a) notebooks for school (b) a school uniform (c) a toy robot (d) rice and dal
- 28.🛒 Need or want: soap? (a) a want (b) a need
- 29.True or false: “sweets every day” is a need. (a) True (b) False
- 30.🎯 A want can still be a good business when… (a) it breaks the rules (b) nobody likes it (c) many people want it (d) it is not safe
- 31.True or false: “soap” is a want. (a) True (b) False
- 32.🛒 Need or want: a warm blanket? (a) a need (b) a want
- 33.True or false: “soap” is a need. (a) False (b) True
- 34.🛒 Need or want: medicine when ill? (a) a need (b) a want
- 35.🔍 Which is the odd one out? (a) rice and dal (b) sweets every day (c) drinking water (d) soap
- 36.🛒 Need or want: notebooks for school? (a) a want (b) a need
- 37.🔍 Which is the odd one out? (a) a bigger TV (b) rice and dal (c) notebooks for school (d) drinking water
- 38.🛒 Need or want: sweets every day? (a) a need (b) a want
- 39.Which of these is a need? (a) a video game (b) bus fare to school (c) a glitter pen set (d) sweets every day
- 40.🛒 Need or want: drinking water? (a) a need (b) a want
Answer key
- we must have to live
- a want
- soap
- a party dress
- a video game
- rice and dal
- a school uniform
- a want
- a need
- designer sunglasses
- a warm blanket
- a roof over your head
- a want
- a need
- True
- a want
- True
- a need: food
- a school uniform
- a warm blanket
- a glitter pen set
- a third pair of shoes
- a need
- notebooks for school
- a want
- a party dress
- a toy robot
- a need
- False
- many people want it
- False
- a need
- True
- a need
- sweets every day
- a need
- a bigger TV
- a want
- bus fare to school
- a need
Free entrepreneurship lessons, practice and worksheets at talentjr.in/entrepreneurship-for-kids