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