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 bigger TV? (a) a need (b) a want
- 2.☔ In the monsoon, which would sell best at a school gate? (a) paper kites (b) woollen sweaters (c) umbrellas and raincoats (d) ice lollies
- 3.🔍 Which is the odd one out? (a) soap (b) a glitter pen set (c) a bigger TV (d) a third pair of shoes
- 4.🛒 Need or want: school shoes? (a) a need (b) a want
- 5.🛒 Need or want: sweets every day? (a) a want (b) a need
- 6.Which of these is a need? (a) a toy robot (b) a bigger TV (c) a sticker album (d) notebooks for school
- 7.True or false: “soap” is a need. (a) True (b) False
- 8.🎯 A want can still be a good business when… (a) nobody likes it (b) many people want it (c) it breaks the rules (d) it is not safe
- 9.Which of these is a want? (a) soap (b) designer sunglasses (c) bus fare to school (d) a school uniform
- 10.🛍️ Why do businesses that meet needs often sell all year? (a) nobody buys needs (b) needs are always free (c) needs are toys (d) people always need them
- 11.🛒 Need or want: a party dress? (a) a need (b) a want
- 12.🔍 Which is the odd one out? (a) a third pair of shoes (b) drinking water (c) a roof over your head (d) soap
- 13.🔍 Which is the odd one out? (a) a third pair of shoes (b) medicine when ill (c) a bigger TV (d) a toy robot
- 14.🛒 Need or want: a warm blanket? (a) a need (b) a want
- 15.Which of these is a need? (a) a party dress (b) a glitter pen set (c) a school uniform (d) a fancy phone cover
- 16.True or false: “a fancy phone cover” is a need. (a) False (b) True
- 17.Which of these is a need? (a) a glitter pen set (b) soap (c) a fancy phone cover (d) a toy robot
- 18.Which of these is a need? (a) a fancy phone cover (b) a video game (c) sweets every day (d) rice and dal
- 19.True or false: “a glitter pen set” is a need. (a) True (b) False
- 20.🔍 Which is the odd one out? (a) a roof over your head (b) bus fare to school (c) drinking water (d) a video game
- 21.True or false: “a school uniform” is a need. (a) True (b) False
- 22.Which of these is a need? (a) drinking water (b) a glitter pen set (c) a toy robot (d) a party dress
- 23.🛒 Need or want: designer sunglasses? (a) a want (b) a need
- 24.🛒 Need or want: a third pair of shoes? (a) a need (b) a want
- 25.❄️ On a cold winter morning, which stall would most people want? (a) ice lollies (b) hot drinks (c) water guns (d) paper fans
- 26.🛒 Need or want: a roof over your head? (a) a need (b) a want
- 27.Which of these is a want? (a) bus fare to school (b) school shoes (c) drinking water (d) a bigger TV
- 28.🛒 A family has little money. What should it buy first? (a) the most fun thing (b) the costliest thing (c) the wants (d) the needs
- 29.Which of these is a need? (a) designer sunglasses (b) a toy robot (c) a warm blanket (d) a glitter pen set
- 30.🔍 Which is the odd one out? (a) a bigger TV (b) a roof over your head (c) a party dress (d) a sticker album
- 31.🔍 Which is the odd one out? (a) a video game (b) drinking water (c) a fancy phone cover (d) sweets every day
- 32.True or false: “drinking water” is a need. (a) True (b) False
- 33.🛒 Need or want: a fancy phone cover? (a) a want (b) a need
- 34.Which of these is a need? (a) designer sunglasses (b) a video game (c) a toy robot (d) school shoes
- 35.Which of these is a want? (a) a glitter pen set (b) a school uniform (c) medicine when ill (d) bus fare to school
- 36.🔍 Which is the odd one out? (a) a third pair of shoes (b) sweets every day (c) a school uniform (d) a fancy phone cover
- 37.True or false: “bus fare to school” is a need. (a) False (b) True
- 38.True or false: “rice and dal” is a want. (a) True (b) False
- 39.Which of these is a want? (a) a warm blanket (b) rice and dal (c) a video game (d) school shoes
- 40.True or false: “a warm blanket” is a want. (a) False (b) True
Answer key
- a want
- umbrellas and raincoats
- soap
- a need
- a want
- notebooks for school
- True
- many people want it
- designer sunglasses
- people always need them
- a want
- a third pair of shoes
- medicine when ill
- a need
- a school uniform
- False
- soap
- rice and dal
- False
- a video game
- True
- drinking water
- a want
- a want
- hot drinks
- a need
- a bigger TV
- the needs
- a warm blanket
- a roof over your head
- drinking water
- True
- a want
- school shoes
- a glitter pen set
- a school uniform
- True
- False
- a video game
- False
Free entrepreneurship lessons, practice and worksheets at talentjr.in/entrepreneurship-for-kids