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