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 is the odd one out? (a) a party dress (b) a sticker album (c) bus fare to school (d) a third pair of shoes
- 2.🛒 Need or want: designer sunglasses? (a) a need (b) a want
- 3.True or false: “medicine when ill” is a need. (a) False (b) True
- 4.Which of these is a need? (a) a fancy phone cover (b) sweets every day (c) a roof over your head (d) a bigger TV
- 5.🔍 Which is the odd one out? (a) sweets every day (b) a bigger TV (c) drinking water (d) a video game
- 6.True or false: “a toy robot” is a want. (a) False (b) True
- 7.Which of these is a need? (a) a party dress (b) a video game (c) a sticker album (d) notebooks for school
- 8.🛒 Need or want: sweets every day? (a) a want (b) a need
- 9.🔍 Which is the odd one out? (a) a video game (b) soap (c) sweets every day (d) designer sunglasses
- 10.🔍 Which is the odd one out? (a) a bigger TV (b) notebooks for school (c) a toy robot (d) a third pair of shoes
- 11.Which of these is a want? (a) notebooks for school (b) a toy robot (c) a roof over your head (d) a school uniform
- 12.Which of these is a need? (a) a bigger TV (b) a fancy phone cover (c) medicine when ill (d) designer sunglasses
- 13.🍱 A tiffin service mostly meets which? (a) nothing at all (b) a want: games (c) a need: food (d) a want: toys
- 14.🛒 A family has little money. What should it buy first? (a) the costliest thing (b) the most fun thing (c) the needs (d) the wants
- 15.🛍️ Why do businesses that meet needs often sell all year? (a) people always need them (b) needs are always free (c) needs are toys (d) nobody buys needs
- 16.🔍 Which is the odd one out? (a) school shoes (b) medicine when ill (c) a glitter pen set (d) a roof over your head
- 17.Which of these is a need? (a) a video game (b) drinking water (c) a party dress (d) a toy robot
- 18.Which of these is a want? (a) designer sunglasses (b) soap (c) a warm blanket (d) medicine when ill
- 19.🛒 Need or want: bus fare to school? (a) a want (b) a need
- 20.🔍 Which is the odd one out? (a) drinking water (b) bus fare to school (c) a third pair of shoes (d) soap
- 21.True or false: “drinking water” is a want. (a) True (b) False
- 22.🛒 Need or want: a toy robot? (a) a want (b) a need
- 23.☔ In the monsoon, which would sell best at a school gate? (a) ice lollies (b) umbrellas and raincoats (c) paper kites (d) woollen sweaters
- 24.🛒 Need or want: a glitter pen set? (a) a want (b) a need
- 25.🛒 Need or want: notebooks for school? (a) a want (b) a need
- 26.💡 A need is something… (a) only rich people buy (b) nice but not needed (c) made of plastic (d) we must have to live
- 27.True or false: “a toy robot” is a need. (a) False (b) True
- 28.🔍 Which is the odd one out? (a) soap (b) designer sunglasses (c) rice and dal (d) a warm blanket
- 29.True or false: “medicine when ill” is a want. (a) False (b) True
- 30.Which of these is a need? (a) sweets every day (b) a fancy phone cover (c) a toy robot (d) a school uniform
- 31.Which of these is a need? (a) a video game (b) school shoes (c) a glitter pen set (d) a fancy phone cover
- 32.🛒 Need or want: rice and dal? (a) a want (b) a need
- 33.🔍 Which is the odd one out? (a) a glitter pen set (b) medicine when ill (c) a toy robot (d) a party dress
- 34.True or false: “rice and dal” is a need. (a) False (b) True
- 35.True or false: “a warm blanket” is a need. (a) False (b) True
- 36.🔍 Which is the odd one out? (a) a video game (b) designer sunglasses (c) a bigger TV (d) a roof over your head
- 37.🛒 Need or want: school shoes? (a) a need (b) a want
- 38.True or false: “a roof over your head” is a want. (a) False (b) True
- 39.True or false: “designer sunglasses” is a want. (a) False (b) True
- 40.❄️ On a cold winter morning, which stall would most people want? (a) water guns (b) paper fans (c) ice lollies (d) hot drinks
Answer key
- bus fare to school
- a want
- True
- a roof over your head
- drinking water
- True
- notebooks for school
- a want
- soap
- notebooks for school
- a toy robot
- medicine when ill
- a need: food
- the needs
- people always need them
- a glitter pen set
- drinking water
- designer sunglasses
- a need
- a third pair of shoes
- False
- a want
- umbrellas and raincoats
- a want
- a need
- we must have to live
- False
- designer sunglasses
- False
- a school uniform
- school shoes
- a need
- medicine when ill
- True
- True
- a roof over your head
- a need
- False
- True
- hot drinks
Free entrepreneurship lessons, practice and worksheets at talentjr.in/entrepreneurship-for-kids