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