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) designer sunglasses (b) drinking water (c) rice and dal (d) school shoes
- 2.🛒 Need or want: medicine when ill? (a) a need (b) a want
- 3.🛒 Need or want: a glitter pen set? (a) a need (b) a want
- 4.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
- 5.True or false: “notebooks for school” is a want. (a) True (b) False
- 6.🔍 Which is the odd one out? (a) a party dress (b) a third pair of shoes (c) a school uniform (d) a sticker album
- 7.🔍 Which is the odd one out? (a) a school uniform (b) drinking water (c) a video game (d) rice and dal
- 8.Which of these is a want? (a) sweets every day (b) a warm blanket (c) drinking water (d) school shoes
- 9.True or false: “a bigger TV” is a want. (a) True (b) False
- 10.Which of these is a need? (a) a toy robot (b) a warm blanket (c) a video game (d) designer sunglasses
- 11.🔍 Which is the odd one out? (a) a school uniform (b) a warm blanket (c) a toy robot (d) drinking water
- 12.Which of these is a need? (a) bus fare to school (b) a toy robot (c) a party dress (d) a bigger TV
- 13.💡 A need is something… (a) only rich people buy (b) made of plastic (c) nice but not needed (d) we must have to live
- 14.🛒 Need or want: bus fare to school? (a) a want (b) a need
- 15.🛒 Need or want: a warm blanket? (a) a need (b) a want
- 16.❄️ On a cold winter morning, which stall would most people want? (a) ice lollies (b) water guns (c) paper fans (d) hot drinks
- 17.Which of these is a need? (a) rice and dal (b) a third pair of shoes (c) a fancy phone cover (d) sweets every day
- 18.Which of these is a want? (a) a school uniform (b) a glitter pen set (c) school shoes (d) drinking water
- 19.True or false: “school shoes” is a need. (a) False (b) True
- 20.True or false: “a sticker album” is a need. (a) True (b) False
- 21.True or false: “a toy robot” is a want. (a) False (b) True
- 22.Which of these is a want? (a) drinking water (b) a school uniform (c) a party dress (d) medicine when ill
- 23.True or false: “medicine when ill” is a want. (a) False (b) True
- 24.☔ In the monsoon, which would sell best at a school gate? (a) paper kites (b) woollen sweaters (c) ice lollies (d) umbrellas and raincoats
- 25.🛒 Need or want: notebooks for school? (a) a need (b) a want
- 26.🛒 Need or want: a sticker album? (a) a want (b) a need
- 27.True or false: “a roof over your head” is a want. (a) True (b) False
- 28.🔍 Which is the odd one out? (a) rice and dal (b) a warm blanket (c) a fancy phone cover (d) bus fare to school
- 29.🛒 Need or want: a school uniform? (a) a need (b) a want
- 30.🔍 Which is the odd one out? (a) medicine when ill (b) rice and dal (c) a warm blanket (d) sweets every day
- 31.Which of these is a need? (a) school shoes (b) designer sunglasses (c) a sticker album (d) a toy robot
- 32.🛒 Need or want: a fancy phone cover? (a) a need (b) a want
- 33.Which of these is a want? (a) school shoes (b) medicine when ill (c) a sticker album (d) bus fare to school
- 34.Which of these is a need? (a) a party dress (b) a bigger TV (c) a third pair of shoes (d) drinking water
- 35.🛒 A family has little money. What should it buy first? (a) the wants (b) the needs (c) the costliest thing (d) the most fun thing
- 36.True or false: “drinking water” is a want. (a) True (b) False
- 37.🍱 A tiffin service mostly meets which? (a) a want: toys (b) nothing at all (c) a want: games (d) a need: food
- 38.🔍 Which is the odd one out? (a) a toy robot (b) a fancy phone cover (c) drinking water (d) a video game
- 39.True or false: “a glitter pen set” is a want. (a) False (b) True
- 40.🛒 Need or want: drinking water? (a) a need (b) a want
Answer key
- designer sunglasses
- a need
- a want
- notebooks for school
- False
- a school uniform
- a video game
- sweets every day
- True
- a warm blanket
- a toy robot
- bus fare to school
- we must have to live
- a need
- a need
- hot drinks
- rice and dal
- a glitter pen set
- True
- False
- True
- a party dress
- False
- umbrellas and raincoats
- a need
- a want
- False
- a fancy phone cover
- a need
- sweets every day
- school shoes
- a want
- a sticker album
- drinking water
- the needs
- False
- a need: food
- drinking water
- True
- a need
Free entrepreneurship lessons, practice and worksheets at talentjr.in/entrepreneurship-for-kids