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