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 need? (a) a fancy phone cover (b) a video game (c) sweets every day (d) notebooks for school
- 2.True or false: “soap” is a need. (a) False (b) True
- 3.True or false: “a school uniform” is a want. (a) True (b) False
- 4.Which of these is a want? (a) a school uniform (b) a third pair of shoes (c) notebooks for school (d) a warm blanket
- 5.Which of these is a need? (a) a toy robot (b) a sticker album (c) a third pair of shoes (d) a roof over your head
- 6.🔍 Which is the odd one out? (a) school shoes (b) a fancy phone cover (c) soap (d) bus fare to school
- 7.🔍 Which is the odd one out? (a) a video game (b) a party dress (c) a bigger TV (d) notebooks for school
- 8.Which of these is a need? (a) a party dress (b) a glitter pen set (c) school shoes (d) designer sunglasses
- 9.True or false: “a sticker album” is a need. (a) False (b) True
- 10.True or false: “school shoes” is a want. (a) True (b) False
- 11.🛒 Need or want: sweets every day? (a) a want (b) a need
- 12.💡 A need is something… (a) nice but not needed (b) only rich people buy (c) we must have to live (d) made of plastic
- 13.True or false: “a party dress” is a want. (a) True (b) False
- 14.🔍 Which is the odd one out? (a) soap (b) a bigger TV (c) a party dress (d) sweets every day
- 15.True or false: “designer sunglasses” is a need. (a) True (b) False
- 16.🔍 Which is the odd one out? (a) a party dress (b) a bigger TV (c) a glitter pen set (d) a roof over your head
- 17.🎯 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
- 18.Which of these is a need? (a) a glitter pen set (b) a sticker album (c) a school uniform (d) sweets every day
- 19.🛒 Need or want: a video game? (a) a want (b) a need
- 20.Which of these is a need? (a) sweets every day (b) a glitter pen set (c) bus fare to school (d) a fancy phone cover
- 21.🔍 Which is the odd one out? (a) rice and dal (b) a party dress (c) medicine when ill (d) drinking water
- 22.🔍 Which is the odd one out? (a) a warm blanket (b) notebooks for school (c) soap (d) a toy robot
- 23.🔍 Which is the odd one out? (a) a third pair of shoes (b) designer sunglasses (c) a warm blanket (d) sweets every day
- 24.🛒 Need or want: soap? (a) a want (b) a need
- 25.Which of these is a want? (a) medicine when ill (b) a sticker album (c) bus fare to school (d) a school uniform
- 26.Which of these is a want? (a) a warm blanket (b) rice and dal (c) school shoes (d) a toy robot
- 27.🛒 Need or want: a third pair of shoes? (a) a need (b) a want
- 28.True or false: “a warm blanket” is a want. (a) False (b) True
- 29.🛒 Need or want: medicine when ill? (a) a need (b) a want
- 30.🔍 Which is the odd one out? (a) a roof over your head (b) a warm blanket (c) a third pair of shoes (d) a school uniform
- 31.True or false: “a toy robot” is a want. (a) True (b) False
- 32.🔍 Which is the odd one out? (a) bus fare to school (b) medicine when ill (c) sweets every day (d) drinking water
- 33.🛒 Need or want: a roof over your head? (a) a want (b) a need
- 34.🔍 Which is the odd one out? (a) medicine when ill (b) a warm blanket (c) designer sunglasses (d) bus fare to school
- 35.🛒 Need or want: a toy robot? (a) a need (b) a want
- 36.🛒 Need or want: drinking water? (a) a want (b) a need
- 37.🛍️ Why do businesses that meet needs often sell all year? (a) needs are toys (b) nobody buys needs (c) needs are always free (d) people always need them
- 38.Which of these is a want? (a) school shoes (b) a school uniform (c) a party dress (d) medicine when ill
- 39.Which of these is a want? (a) a fancy phone cover (b) soap (c) school shoes (d) rice and dal
- 40.Which of these is a need? (a) a sticker album (b) a fancy phone cover (c) a glitter pen set (d) a warm blanket
Answer key
- notebooks for school
- True
- False
- a third pair of shoes
- a roof over your head
- a fancy phone cover
- notebooks for school
- school shoes
- False
- False
- a want
- we must have to live
- True
- soap
- False
- a roof over your head
- many people want it
- a school uniform
- a want
- bus fare to school
- a party dress
- a toy robot
- a warm blanket
- a need
- a sticker album
- a toy robot
- a want
- False
- a need
- a third pair of shoes
- True
- sweets every day
- a need
- designer sunglasses
- a want
- a need
- people always need them
- a party dress
- a fancy phone cover
- a warm blanket
Free entrepreneurship lessons, practice and worksheets at talentjr.in/entrepreneurship-for-kids