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.🔍 Which is the odd one out? (a) school shoes (b) notebooks for school (c) drinking water (d) a bigger TV
- 2.Which of these is a need? (a) a third pair of shoes (b) a glitter pen set (c) a toy robot (d) notebooks for school
- 3.True or false: “designer sunglasses” is a need. (a) False (b) True
- 4.True or false: “a video game” is a need. (a) False (b) True
- 5.True or false: “a fancy phone cover” is a need. (a) True (b) False
- 6.🔍 Which is the odd one out? (a) a glitter pen set (b) a video game (c) notebooks for school (d) a bigger TV
- 7.🎯 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
- 8.Which of these is a need? (a) a video game (b) designer sunglasses (c) rice and dal (d) a party dress
- 9.🔍 Which is the odd one out? (a) rice and dal (b) school shoes (c) a glitter pen set (d) a warm blanket
- 10.Which of these is a need? (a) a bigger TV (b) a glitter pen set (c) drinking water (d) a sticker album
- 11.🔍 Which is the odd one out? (a) drinking water (b) notebooks for school (c) sweets every day (d) a warm blanket
- 12.Which of these is a need? (a) a video game (b) designer sunglasses (c) sweets every day (d) medicine when ill
- 13.🔍 Which is the odd one out? (a) a bigger TV (b) sweets every day (c) a party dress (d) bus fare to school
- 14.Which of these is a want? (a) a roof over your head (b) a toy robot (c) a school uniform (d) bus fare to school
- 15.🛒 Need or want: bus fare to school? (a) a need (b) a want
- 16.🛒 Need or want: a toy robot? (a) a want (b) a need
- 17.🔍 Which is the odd one out? (a) a fancy phone cover (b) a party dress (c) a video game (d) a school uniform
- 18.True or false: “drinking water” is a need. (a) False (b) True
- 19.🛒 Need or want: notebooks for school? (a) a want (b) a need
- 20.🛒 A family has little money. What should it buy first? (a) the needs (b) the most fun thing (c) the costliest thing (d) the wants
- 21.Which of these is a need? (a) a party dress (b) a video game (c) school shoes (d) a bigger TV
- 22.🔍 Which is the odd one out? (a) school shoes (b) medicine when ill (c) a roof over your head (d) a third pair of shoes
- 23.True or false: “a toy robot” is a need. (a) True (b) False
- 24.❄️ On a cold winter morning, which stall would most people want? (a) ice lollies (b) hot drinks (c) paper fans (d) water guns
- 25.True or false: “a school uniform” is a want. (a) True (b) False
- 26.🛒 Need or want: a party dress? (a) a need (b) a want
- 27.🔍 Which is the odd one out? (a) a sticker album (b) a video game (c) school shoes (d) a toy robot
- 28.🛒 Need or want: a school uniform? (a) a want (b) a need
- 29.🔍 Which is the odd one out? (a) bus fare to school (b) a fancy phone cover (c) drinking water (d) school shoes
- 30.True or false: “bus fare to school” is a need. (a) True (b) False
- 31.🛒 Need or want: a video game? (a) a want (b) a need
- 32.True or false: “school shoes” is a need. (a) True (b) False
- 33.🛒 Need or want: a sticker album? (a) a want (b) a need
- 34.🔍 Which is the odd one out? (a) a toy robot (b) a bigger TV (c) a fancy phone cover (d) a roof over your head
- 35.🍱 A tiffin service mostly meets which? (a) a want: games (b) nothing at all (c) a need: food (d) a want: toys
- 36.🛒 Need or want: a warm blanket? (a) a want (b) a need
- 37.True or false: “a video game” is a want. (a) False (b) True
- 38.True or false: “soap” is a need. (a) True (b) False
- 39.🛒 Need or want: designer sunglasses? (a) a want (b) a need
- 40.True or false: “rice and dal” is a need. (a) False (b) True
Answer key
- a bigger TV
- notebooks for school
- False
- False
- False
- notebooks for school
- many people want it
- rice and dal
- a glitter pen set
- drinking water
- sweets every day
- medicine when ill
- bus fare to school
- a toy robot
- a need
- a want
- a school uniform
- True
- a need
- the needs
- school shoes
- a third pair of shoes
- False
- hot drinks
- False
- a want
- school shoes
- a need
- a fancy phone cover
- True
- a want
- True
- a want
- a roof over your head
- a need: food
- a need
- True
- True
- a want
- True
Free entrepreneurship lessons, practice and worksheets at talentjr.in/entrepreneurship-for-kids