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