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