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