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: designer sunglasses? (a) a need (b) a want
- 2.True or false: “a video game” is a need. (a) True (b) False
- 3.True or false: “a school uniform” is a need. (a) False (b) True
- 4.Which of these is a want? (a) a warm blanket (b) designer sunglasses (c) a school uniform (d) soap
- 5.💡 A need is something… (a) only rich people buy (b) we must have to live (c) made of plastic (d) nice but not needed
- 6.🛒 Need or want: soap? (a) a want (b) a need
- 7.🛒 Need or want: a glitter pen set? (a) a need (b) a want
- 8.True or false: “notebooks for school” is a want. (a) False (b) True
- 9.True or false: “a party dress” is a want. (a) False (b) True
- 10.True or false: “medicine when ill” is a want. (a) False (b) True
- 11.🍱 A tiffin service mostly meets which? (a) a need: food (b) a want: games (c) a want: toys (d) nothing at all
- 12.🛍️ Why do businesses that meet needs often sell all year? (a) needs are toys (b) nobody buys needs (c) needs are always free (d) people always need them
- 13.Which of these is a need? (a) a sticker album (b) a video game (c) medicine when ill (d) a glitter pen set
- 14.🔍 Which is the odd one out? (a) a video game (b) a party dress (c) a glitter pen set (d) rice and dal
- 15.🛒 Need or want: a party dress? (a) a want (b) a need
- 16.🎯 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
- 17.🔍 Which is the odd one out? (a) bus fare to school (b) a glitter pen set (c) notebooks for school (d) school shoes
- 18.🛒 Need or want: a toy robot? (a) a want (b) a need
- 19.🛒 Need or want: school shoes? (a) a need (b) a want
- 20.🔍 Which is the odd one out? (a) drinking water (b) sweets every day (c) designer sunglasses (d) a video game
- 21.🔍 Which is the odd one out? (a) a bigger TV (b) a fancy phone cover (c) a video game (d) school shoes
- 22.Which of these is a want? (a) drinking water (b) a warm blanket (c) a glitter pen set (d) bus fare to school
- 23.True or false: “drinking water” is a need. (a) False (b) True
- 24.🔍 Which is the odd one out? (a) a glitter pen set (b) a roof over your head (c) designer sunglasses (d) a toy robot
- 25.🛒 Need or want: a fancy phone cover? (a) a need (b) a want
- 26.❄️ On a cold winter morning, which stall would most people want? (a) water guns (b) paper fans (c) ice lollies (d) hot drinks
- 27.🔍 Which is the odd one out? (a) drinking water (b) medicine when ill (c) a third pair of shoes (d) a school uniform
- 28.Which of these is a need? (a) sweets every day (b) notebooks for school (c) designer sunglasses (d) a fancy phone cover
- 29.Which of these is a want? (a) rice and dal (b) medicine when ill (c) a third pair of shoes (d) school shoes
- 30.True or false: “school shoes” is a need. (a) True (b) False
- 31.🛒 Need or want: a video game? (a) a want (b) a need
- 32.🔍 Which is the odd one out? (a) a party dress (b) designer sunglasses (c) sweets every day (d) a warm blanket
- 33.🛒 Need or want: notebooks for school? (a) a want (b) a need
- 34.🔍 Which is the odd one out? (a) bus fare to school (b) school shoes (c) a roof over your head (d) a party dress
- 35.True or false: “drinking water” is a want. (a) True (b) False
- 36.☔ In the monsoon, which would sell best at a school gate? (a) umbrellas and raincoats (b) woollen sweaters (c) ice lollies (d) paper kites
- 37.Which of these is a want? (a) medicine when ill (b) a sticker album (c) a warm blanket (d) bus fare to school
- 38.🛒 Need or want: bus fare to school? (a) a want (b) a need
- 39.🔍 Which is the odd one out? (a) a video game (b) bus fare to school (c) a bigger TV (d) designer sunglasses
- 40.Which of these is a need? (a) school shoes (b) a party dress (c) a glitter pen set (d) a sticker album
Answer key
- a want
- False
- True
- designer sunglasses
- we must have to live
- a need
- a want
- False
- True
- False
- a need: food
- people always need them
- medicine when ill
- rice and dal
- a want
- many people want it
- a glitter pen set
- a want
- a need
- drinking water
- school shoes
- a glitter pen set
- True
- a roof over your head
- a want
- hot drinks
- a third pair of shoes
- notebooks for school
- a third pair of shoes
- True
- a want
- a warm blanket
- a need
- a party dress
- False
- umbrellas and raincoats
- a sticker album
- a need
- bus fare to school
- school shoes
Free entrepreneurship lessons, practice and worksheets at talentjr.in/entrepreneurship-for-kids