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