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) medicine when ill (b) notebooks for school (c) designer sunglasses (d) a warm blanket
- 2.🔍 Which is the odd one out? (a) a toy robot (b) drinking water (c) a bigger TV (d) a sticker album
- 3.❄️ On a cold winter morning, which stall would most people want? (a) ice lollies (b) hot drinks (c) paper fans (d) water guns
- 4.🔍 Which is the odd one out? (a) notebooks for school (b) soap (c) a third pair of shoes (d) drinking water
- 5.🛒 Need or want: drinking water? (a) a need (b) a want
- 6.🔍 Which is the odd one out? (a) drinking water (b) bus fare to school (c) a glitter pen set (d) school shoes
- 7.🛒 Need or want: a party dress? (a) a want (b) a need
- 8.💡 A need is something… (a) only rich people buy (b) nice but not needed (c) made of plastic (d) we must have to live
- 9.True or false: “a video game” is a want. (a) False (b) True
- 10.🛍️ 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
- 11.Which of these is a need? (a) school shoes (b) sweets every day (c) a glitter pen set (d) a bigger TV
- 12.🔍 Which is the odd one out? (a) designer sunglasses (b) school shoes (c) a party dress (d) sweets every day
- 13.🔍 Which is the odd one out? (a) rice and dal (b) drinking water (c) sweets every day (d) school shoes
- 14.🛒 Need or want: a warm blanket? (a) a want (b) a need
- 15.🍱 A tiffin service mostly meets which? (a) a want: toys (b) a want: games (c) nothing at all (d) a need: food
- 16.🛒 Need or want: a roof over your head? (a) a want (b) a need
- 17.Which of these is a need? (a) designer sunglasses (b) a video game (c) a toy robot (d) medicine when ill
- 18.☔ In the monsoon, which would sell best at a school gate? (a) woollen sweaters (b) ice lollies (c) paper kites (d) umbrellas and raincoats
- 19.Which of these is a need? (a) rice and dal (b) designer sunglasses (c) a toy robot (d) a bigger TV
- 20.🔍 Which is the odd one out? (a) a school uniform (b) medicine when ill (c) drinking water (d) a toy robot
- 21.True or false: “a sticker album” is a want. (a) False (b) True
- 22.True or false: “a fancy phone cover” is a need. (a) True (b) False
- 23.Which of these is a want? (a) a video game (b) drinking water (c) rice and dal (d) notebooks for school
- 24.🔍 Which is the odd one out? (a) bus fare to school (b) designer sunglasses (c) a video game (d) a glitter pen set
- 25.🛒 Need or want: a bigger TV? (a) a want (b) a need
- 26.True or false: “a school uniform” is a want. (a) False (b) True
- 27.🛒 Need or want: medicine when ill? (a) a need (b) a want
- 28.Which of these is a want? (a) a third pair of shoes (b) notebooks for school (c) bus fare to school (d) a roof over your head
- 29.True or false: “drinking water” is a need. (a) False (b) True
- 30.🛒 Need or want: designer sunglasses? (a) a need (b) a want
- 31.True or false: “a warm blanket” is a need. (a) True (b) False
- 32.🛒 Need or want: bus fare to school? (a) a need (b) a want
- 33.True or false: “notebooks for school” is a need. (a) True (b) False
- 34.Which of these is a want? (a) a party dress (b) notebooks for school (c) a roof over your head (d) bus fare to school
- 35.🛒 A family has little money. What should it buy first? (a) the wants (b) the most fun thing (c) the needs (d) the costliest thing
- 36.🛒 Need or want: notebooks for school? (a) a need (b) a want
- 37.True or false: “a sticker album” is a need. (a) False (b) True
- 38.🛒 Need or want: a video game? (a) a want (b) a need
- 39.Which of these is a need? (a) a fancy phone cover (b) sweets every day (c) a roof over your head (d) a third pair of shoes
- 40.🔍 Which is the odd one out? (a) soap (b) a fancy phone cover (c) a school uniform (d) drinking water
Answer key
- designer sunglasses
- drinking water
- hot drinks
- a third pair of shoes
- a need
- a glitter pen set
- a want
- we must have to live
- True
- people always need them
- school shoes
- school shoes
- sweets every day
- a need
- a need: food
- a need
- medicine when ill
- umbrellas and raincoats
- rice and dal
- a toy robot
- True
- False
- a video game
- bus fare to school
- a want
- False
- a need
- a third pair of shoes
- True
- a want
- True
- a need
- True
- a party dress
- the needs
- a need
- False
- a want
- a roof over your head
- a fancy phone cover
Free entrepreneurship lessons, practice and worksheets at talentjr.in/entrepreneurship-for-kids