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