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