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.
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- 1.True or false: “notebooks for school” is a want. (a) False (b) True
- 2.🔍 Which is the odd one out? (a) a video game (b) a toy robot (c) soap (d) a party dress
- 3.🛒 Need or want: rice and dal? (a) a want (b) a need
- 4.🛒 Need or want: a glitter pen set? (a) a want (b) a need
- 5.🛒 Need or want: drinking water? (a) a need (b) a want
- 6.🔍 Which is the odd one out? (a) a glitter pen set (b) a fancy phone cover (c) bus fare to school (d) a third pair of shoes
- 7.🛒 Need or want: school shoes? (a) a want (b) a need
- 8.🎯 A want can still be a good business when… (a) it is not safe (b) nobody likes it (c) many people want it (d) it breaks the rules
- 9.True or false: “a sticker album” is a need. (a) True (b) False
- 10.☔ In the monsoon, which would sell best at a school gate? (a) paper kites (b) umbrellas and raincoats (c) ice lollies (d) woollen sweaters
- 11.🛍️ Why do businesses that meet needs often sell all year? (a) needs are toys (b) people always need them (c) nobody buys needs (d) needs are always free
- 12.🔍 Which is the odd one out? (a) drinking water (b) rice and dal (c) a third pair of shoes (d) bus fare to school
- 13.Which of these is a want? (a) a warm blanket (b) a third pair of shoes (c) soap (d) bus fare to school
- 14.🛒 Need or want: a toy robot? (a) a want (b) a need
- 15.🔍 Which is the odd one out? (a) a toy robot (b) a warm blanket (c) notebooks for school (d) school shoes
- 16.True or false: “drinking water” is a need. (a) False (b) True
- 17.🔍 Which is the odd one out? (a) a video game (b) a warm blanket (c) a third pair of shoes (d) designer sunglasses
- 18.True or false: “school shoes” is a need. (a) True (b) False
- 19.🔍 Which is the odd one out? (a) a fancy phone cover (b) a bigger TV (c) notebooks for school (d) a sticker album
- 20.🛒 Need or want: notebooks for school? (a) a need (b) a want
- 21.🛒 A family has little money. What should it buy first? (a) the most fun thing (b) the costliest thing (c) the needs (d) the wants
- 22.🛒 Need or want: sweets every day? (a) a want (b) a need
- 23.🛒 Need or want: a fancy phone cover? (a) a want (b) a need
- 24.🔍 Which is the odd one out? (a) rice and dal (b) bus fare to school (c) sweets every day (d) notebooks for school
- 25.🔍 Which is the odd one out? (a) a fancy phone cover (b) sweets every day (c) a video game (d) rice and dal
- 26.🔍 Which is the odd one out? (a) a fancy phone cover (b) medicine when ill (c) a video game (d) a bigger TV
- 27.True or false: “a glitter pen set” is a want. (a) True (b) False
- 28.Which of these is a want? (a) a fancy phone cover (b) a warm blanket (c) soap (d) a roof over your head
- 29.Which of these is a want? (a) notebooks for school (b) a glitter pen set (c) soap (d) rice and dal
- 30.❄️ On a cold winter morning, which stall would most people want? (a) water guns (b) paper fans (c) hot drinks (d) ice lollies
- 31.🛒 Need or want: a third pair of shoes? (a) a want (b) a need
- 32.True or false: “a school uniform” is a want. (a) False (b) True
- 33.🛒 Need or want: soap? (a) a need (b) a want
- 34.True or false: “a toy robot” is a need. (a) True (b) False
- 35.Which of these is a want? (a) drinking water (b) a warm blanket (c) sweets every day (d) a roof over your head
- 36.🛒 Need or want: a sticker album? (a) a need (b) a want
- 37.Which of these is a want? (a) a roof over your head (b) a warm blanket (c) school shoes (d) designer sunglasses
- 38.True or false: “a third pair of shoes” is a want. (a) True (b) False
- 39.Which of these is a need? (a) designer sunglasses (b) a sticker album (c) medicine when ill (d) a toy robot
- 40.🔍 Which is the odd one out? (a) a fancy phone cover (b) a roof over your head (c) bus fare to school (d) a school uniform
Answer key
- False
- soap
- a need
- a want
- a need
- bus fare to school
- a need
- many people want it
- False
- umbrellas and raincoats
- people always need them
- a third pair of shoes
- a third pair of shoes
- a want
- a toy robot
- True
- a warm blanket
- True
- notebooks for school
- a need
- the needs
- a want
- a want
- sweets every day
- rice and dal
- medicine when ill
- True
- a fancy phone cover
- a glitter pen set
- hot drinks
- a want
- False
- a need
- False
- sweets every day
- a want
- designer sunglasses
- True
- medicine when ill
- a fancy phone cover
Free entrepreneurship lessons, practice and worksheets at talentjr.in/entrepreneurship-for-kids