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