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 need? (a) a sticker album (b) a toy robot (c) school shoes (d) a glitter pen set
- 2.🛒 Need or want: rice and dal? (a) a need (b) a want
- 3.True or false: “rice and dal” is a want. (a) False (b) True
- 4.True or false: “a bigger TV” is a need. (a) True (b) False
- 5.🛒 Need or want: designer sunglasses? (a) a need (b) a want
- 6.True or false: “a bigger TV” is a want. (a) False (b) True
- 7.🛒 Need or want: a school uniform? (a) a want (b) a need
- 8.Which of these is a need? (a) designer sunglasses (b) a fancy phone cover (c) a bigger TV (d) rice and dal
- 9.True or false: “designer sunglasses” is a want. (a) True (b) False
- 10.True or false: “bus fare to school” is a need. (a) False (b) True
- 11.☔ In the monsoon, which would sell best at a school gate? (a) ice lollies (b) woollen sweaters (c) paper kites (d) umbrellas and raincoats
- 12.Which of these is a need? (a) a video game (b) a bigger TV (c) a warm blanket (d) designer sunglasses
- 13.❄️ On a cold winter morning, which stall would most people want? (a) hot drinks (b) water guns (c) ice lollies (d) paper fans
- 14.Which of these is a need? (a) a video game (b) a toy robot (c) a bigger TV (d) a roof over your head
- 15.True or false: “notebooks for school” is a need. (a) True (b) False
- 16.True or false: “a sticker album” is a want. (a) True (b) False
- 17.🔍 Which is the odd one out? (a) notebooks for school (b) a bigger TV (c) a roof over your head (d) a school uniform
- 18.True or false: “a warm blanket” is a want. (a) False (b) True
- 19.Which of these is a need? (a) a toy robot (b) bus fare to school (c) a sticker album (d) a fancy phone cover
- 20.True or false: “a school uniform” is a want. (a) True (b) False
- 21.🔍 Which is the odd one out? (a) notebooks for school (b) drinking water (c) a party dress (d) medicine when ill
- 22.Which of these is a want? (a) a third pair of shoes (b) a school uniform (c) drinking water (d) a warm blanket
- 23.True or false: “rice and dal” is a need. (a) True (b) False
- 24.Which of these is a want? (a) notebooks for school (b) a party dress (c) rice and dal (d) medicine when ill
- 25.🔍 Which is the odd one out? (a) school shoes (b) notebooks for school (c) a school uniform (d) a toy robot
- 26.🛒 Need or want: a third pair of shoes? (a) a need (b) a want
- 27.True or false: “a toy robot” is a want. (a) False (b) True
- 28.Which of these is a want? (a) notebooks for school (b) school shoes (c) rice and dal (d) a video game
- 29.🔍 Which is the odd one out? (a) designer sunglasses (b) a fancy phone cover (c) rice and dal (d) a glitter pen set
- 30.True or false: “drinking water” is a want. (a) True (b) False
- 31.🛒 Need or want: notebooks for school? (a) a need (b) a want
- 32.🍱 A tiffin service mostly meets which? (a) a want: toys (b) a need: food (c) a want: games (d) nothing at all
- 33.🛒 Need or want: school shoes? (a) a need (b) a want
- 34.🛒 Need or want: a glitter pen set? (a) a need (b) a want
- 35.🔍 Which is the odd one out? (a) a roof over your head (b) bus fare to school (c) a warm blanket (d) a video game
- 36.Which of these is a want? (a) a warm blanket (b) rice and dal (c) school shoes (d) a fancy phone cover
- 37.🔍 Which is the odd one out? (a) a party dress (b) a fancy phone cover (c) a school uniform (d) sweets every day
- 38.Which of these is a need? (a) a school uniform (b) a glitter pen set (c) a third pair of shoes (d) a sticker album
- 39.True or false: “a fancy phone cover” is a need. (a) False (b) True
- 40.🛒 Need or want: medicine when ill? (a) a want (b) a need
Answer key
- school shoes
- a need
- False
- False
- a want
- True
- a need
- rice and dal
- True
- True
- umbrellas and raincoats
- a warm blanket
- hot drinks
- a roof over your head
- True
- True
- a bigger TV
- False
- bus fare to school
- False
- a party dress
- a third pair of shoes
- True
- a party dress
- a toy robot
- a want
- True
- a video game
- rice and dal
- False
- a need
- a need: food
- a need
- a want
- a video game
- a fancy phone cover
- a school uniform
- a school uniform
- False
- a need
Free entrepreneurship lessons, practice and worksheets at talentjr.in/entrepreneurship-for-kids