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