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