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