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