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