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