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