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