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