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