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