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.☔ In the monsoon, which would sell best at a school gate? (a) ice lollies (b) umbrellas and raincoats (c) paper kites (d) woollen sweaters
- 2.True or false: “a party dress” is a want. (a) False (b) True
- 3.True or false: “school shoes” is a want. (a) True (b) False
- 4.💡 A need is something… (a) nice but not needed (b) made of plastic (c) we must have to live (d) only rich people buy
- 5.Which of these is a need? (a) a school uniform (b) a fancy phone cover (c) a third pair of shoes (d) a sticker album
- 6.🛒 Need or want: a fancy phone cover? (a) a want (b) a need
- 7.🔍 Which is the odd one out? (a) bus fare to school (b) school shoes (c) a video game (d) a roof over your head
- 8.Which of these is a need? (a) a glitter pen set (b) a roof over your head (c) a video game (d) a sticker album
- 9.🛒 A family has little money. What should it buy first? (a) the costliest thing (b) the wants (c) the most fun thing (d) the needs
- 10.True or false: “soap” is a need. (a) True (b) False
- 11.🔍 Which is the odd one out? (a) rice and dal (b) a video game (c) sweets every day (d) a glitter pen set
- 12.🔍 Which is the odd one out? (a) school shoes (b) rice and dal (c) a bigger TV (d) a warm blanket
- 13.🛒 Need or want: a bigger TV? (a) a need (b) a want
- 14.🛒 Need or want: rice and dal? (a) a need (b) a want
- 15.🛒 Need or want: a toy robot? (a) a need (b) a want
- 16.🍱 A tiffin service mostly meets which? (a) nothing at all (b) a need: food (c) a want: toys (d) a want: games
- 17.🛒 Need or want: a third pair of shoes? (a) a need (b) a want
- 18.🛒 Need or want: bus fare to school? (a) a want (b) a need
- 19.🔍 Which is the odd one out? (a) soap (b) a warm blanket (c) a third pair of shoes (d) bus fare to school
- 20.🔍 Which is the odd one out? (a) a party dress (b) a third pair of shoes (c) sweets every day (d) school shoes
- 21.🛒 Need or want: medicine when ill? (a) a need (b) a want
- 22.True or false: “rice and dal” is a want. (a) False (b) True
- 23.🛒 Need or want: notebooks for school? (a) a want (b) a need
- 24.True or false: “drinking water” is a want. (a) False (b) True
- 25.Which of these is a want? (a) a video game (b) a roof over your head (c) notebooks for school (d) a warm blanket
- 26.True or false: “a third pair of shoes” is a need. (a) False (b) True
- 27.Which of these is a need? (a) a glitter pen set (b) sweets every day (c) a sticker album (d) bus fare to school
- 28.True or false: “medicine when ill” is a need. (a) True (b) False
- 29.🔍 Which is the odd one out? (a) a third pair of shoes (b) a toy robot (c) sweets every day (d) a warm blanket
- 30.Which of these is a need? (a) designer sunglasses (b) notebooks for school (c) a sticker album (d) a bigger TV
- 31.True or false: “medicine when ill” is a want. (a) True (b) False
- 32.🔍 Which is the odd one out? (a) a school uniform (b) a toy robot (c) rice and dal (d) bus fare to school
- 33.Which of these is a want? (a) soap (b) a toy robot (c) school shoes (d) drinking water
- 34.True or false: “a party dress” is a need. (a) True (b) False
- 35.True or false: “a toy robot” is a need. (a) True (b) False
- 36.True or false: “a fancy phone cover” is a want. (a) False (b) True
- 37.Which of these is a want? (a) school shoes (b) a warm blanket (c) soap (d) sweets every day
- 38.🛒 Need or want: a warm blanket? (a) a want (b) a need
- 39.Which of these is a want? (a) medicine when ill (b) rice and dal (c) a glitter pen set (d) bus fare to school
- 40.🛒 Need or want: a party dress? (a) a need (b) a want
Answer key
- umbrellas and raincoats
- True
- False
- we must have to live
- a school uniform
- a want
- a video game
- a roof over your head
- the needs
- True
- rice and dal
- a bigger TV
- a want
- a need
- a want
- a need: food
- a want
- a need
- a third pair of shoes
- school shoes
- a need
- False
- a need
- False
- a video game
- False
- bus fare to school
- True
- a warm blanket
- notebooks for school
- False
- a toy robot
- a toy robot
- False
- False
- True
- sweets every day
- a need
- a glitter pen set
- a want
Free entrepreneurship lessons, practice and worksheets at talentjr.in/entrepreneurship-for-kids