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