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