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 fancy phone cover (b) drinking water (c) a bigger TV (d) a party dress
- 2.Which of these is a want? (a) notebooks for school (b) a fancy phone cover (c) rice and dal (d) a school uniform
- 3.Which of these is a want? (a) rice and dal (b) bus fare to school (c) school shoes (d) a bigger TV
- 4.Which of these is a want? (a) a third pair of shoes (b) bus fare to school (c) a roof over your head (d) soap
- 5.🛒 Need or want: rice and dal? (a) a need (b) a want
- 6.True or false: “a roof over your head” is a need. (a) True (b) False
- 7.☔ In the monsoon, which would sell best at a school gate? (a) woollen sweaters (b) paper kites (c) ice lollies (d) umbrellas and raincoats
- 8.🛒 Need or want: a toy robot? (a) a need (b) a want
- 9.🛒 Need or want: a fancy phone cover? (a) a want (b) a need
- 10.💡 A need is something… (a) only rich people buy (b) made of plastic (c) nice but not needed (d) we must have to live
- 11.Which of these is a need? (a) sweets every day (b) designer sunglasses (c) a fancy phone cover (d) a school uniform
- 12.Which of these is a need? (a) a video game (b) bus fare to school (c) a party dress (d) a toy robot
- 13.True or false: “a party dress” is a want. (a) True (b) False
- 14.🔍 Which is the odd one out? (a) bus fare to school (b) a school uniform (c) a third pair of shoes (d) drinking water
- 15.Which of these is a want? (a) bus fare to school (b) medicine when ill (c) drinking water (d) a sticker album
- 16.🛒 Need or want: a glitter pen set? (a) a want (b) a need
- 17.🛒 Need or want: a warm blanket? (a) a want (b) a need
- 18.True or false: “notebooks for school” is a want. (a) False (b) True
- 19.🛒 A family has little money. What should it buy first? (a) the costliest thing (b) the needs (c) the most fun thing (d) the wants
- 20.🛒 Need or want: a sticker album? (a) a want (b) a need
- 21.🔍 Which is the odd one out? (a) bus fare to school (b) a school uniform (c) notebooks for school (d) a fancy phone cover
- 22.True or false: “drinking water” is a need. (a) False (b) True
- 23.🔍 Which is the odd one out? (a) a glitter pen set (b) a video game (c) a roof over your head (d) a toy robot
- 24.🔍 Which is the odd one out? (a) a party dress (b) a toy robot (c) rice and dal (d) designer sunglasses
- 25.🔍 Which is the odd one out? (a) sweets every day (b) a toy robot (c) a bigger TV (d) school shoes
- 26.True or false: “school shoes” is a need. (a) True (b) False
- 27.True or false: “a video game” is a want. (a) True (b) False
- 28.Which of these is a need? (a) a bigger TV (b) a third pair of shoes (c) school shoes (d) a fancy phone cover
- 29.🔍 Which is the odd one out? (a) a toy robot (b) a school uniform (c) rice and dal (d) bus fare to school
- 30.🔍 Which is the odd one out? (a) medicine when ill (b) a video game (c) a sticker album (d) a toy robot
- 31.🛒 Need or want: a bigger TV? (a) a need (b) a want
- 32.Which of these is a want? (a) drinking water (b) bus fare to school (c) a glitter pen set (d) a warm blanket
- 33.🔍 Which is the odd one out? (a) rice and dal (b) a video game (c) notebooks for school (d) medicine when ill
- 34.❄️ On a cold winter morning, which stall would most people want? (a) water guns (b) paper fans (c) ice lollies (d) hot drinks
- 35.🛒 Need or want: sweets every day? (a) a want (b) a need
- 36.🔍 Which is the odd one out? (a) rice and dal (b) a party dress (c) notebooks for school (d) a school uniform
- 37.Which of these is a want? (a) a video game (b) drinking water (c) soap (d) bus fare to school
- 38.🛒 Need or want: school shoes? (a) a want (b) a need
- 39.True or false: “a school uniform” is a want. (a) True (b) False
- 40.Which of these is a want? (a) medicine when ill (b) sweets every day (c) a warm blanket (d) soap
Answer key
- drinking water
- a fancy phone cover
- a bigger TV
- a third pair of shoes
- a need
- True
- umbrellas and raincoats
- a want
- a want
- we must have to live
- a school uniform
- bus fare to school
- True
- a third pair of shoes
- a sticker album
- a want
- a need
- False
- the needs
- a want
- a fancy phone cover
- True
- a roof over your head
- rice and dal
- school shoes
- True
- True
- school shoes
- a toy robot
- medicine when ill
- a want
- a glitter pen set
- a video game
- hot drinks
- a want
- a party dress
- a video game
- a need
- False
- sweets every day
Free entrepreneurship lessons, practice and worksheets at talentjr.in/entrepreneurship-for-kids