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