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