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