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