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