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