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