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