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.🍱 A tiffin service mostly meets which? (a) a need: food (b) nothing at all (c) a want: toys (d) a want: games
- 2.🔍 Which is the odd one out? (a) bus fare to school (b) soap (c) a toy robot (d) school shoes
- 3.Which of these is a need? (a) a video game (b) a warm blanket (c) a party dress (d) designer sunglasses
- 4.🔍 Which is the odd one out? (a) medicine when ill (b) notebooks for school (c) designer sunglasses (d) a school uniform
- 5.True or false: “a third pair of shoes” is a need. (a) False (b) True
- 6.Which of these is a need? (a) school shoes (b) a bigger TV (c) sweets every day (d) a video game
- 7.❄️ On a cold winter morning, which stall would most people want? (a) paper fans (b) ice lollies (c) water guns (d) hot drinks
- 8.🛒 Need or want: a video game? (a) a want (b) a need
- 9.🛒 Need or want: a party dress? (a) a want (b) a need
- 10.True or false: “a party dress” is a need. (a) True (b) False
- 11.🛒 Need or want: rice and dal? (a) a want (b) a need
- 12.🔍 Which is the odd one out? (a) a bigger TV (b) soap (c) medicine when ill (d) rice and dal
- 13.🔍 Which is the odd one out? (a) a warm blanket (b) medicine when ill (c) bus fare to school (d) a video game
- 14.🔍 Which is the odd one out? (a) a school uniform (b) rice and dal (c) a roof over your head (d) a fancy phone cover
- 15.Which of these is a want? (a) drinking water (b) a roof over your head (c) a party dress (d) medicine when ill
- 16.🛒 Need or want: a fancy phone cover? (a) a need (b) a want
- 17.True or false: “a roof over your head” is a want. (a) False (b) True
- 18.True or false: “bus fare to school” is a want. (a) False (b) True
- 19.True or false: “medicine when ill” is a need. (a) True (b) False
- 20.True or false: “school shoes” is a need. (a) True (b) False
- 21.🛍️ Why do businesses that meet needs often sell all year? (a) needs are always free (b) people always need them (c) nobody buys needs (d) needs are toys
- 22.🔍 Which is the odd one out? (a) soap (b) bus fare to school (c) a party dress (d) a roof over your head
- 23.Which of these is a want? (a) soap (b) a warm blanket (c) school shoes (d) a toy robot
- 24.True or false: “a video game” is a need. (a) True (b) False
- 25.🛒 Need or want: drinking water? (a) a need (b) a want
- 26.🛒 Need or want: sweets every day? (a) a want (b) a need
- 27.🛒 Need or want: a roof over your head? (a) a need (b) a want
- 28.Which of these is a want? (a) a roof over your head (b) drinking water (c) a bigger TV (d) rice and dal
- 29.🔍 Which is the odd one out? (a) a roof over your head (b) drinking water (c) rice and dal (d) sweets every day
- 30.Which of these is a need? (a) a fancy phone cover (b) drinking water (c) designer sunglasses (d) a third pair of shoes
- 31.🛒 Need or want: notebooks for school? (a) a want (b) a need
- 32.🛒 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
- 33.True or false: “a warm blanket” is a want. (a) True (b) False
- 34.Which of these is a need? (a) a video game (b) designer sunglasses (c) a glitter pen set (d) a roof over your head
- 35.🔍 Which is the odd one out? (a) bus fare to school (b) drinking water (c) a glitter pen set (d) a school uniform
- 36.Which of these is a want? (a) a roof over your head (b) medicine when ill (c) designer sunglasses (d) bus fare to school
- 37.True or false: “a school uniform” is a want. (a) True (b) False
- 38.🔍 Which is the odd one out? (a) rice and dal (b) bus fare to school (c) a third pair of shoes (d) medicine when ill
- 39.Which of these is a need? (a) rice and dal (b) a third pair of shoes (c) a sticker album (d) a toy robot
- 40.🔍 Which is the odd one out? (a) a glitter pen set (b) a fancy phone cover (c) rice and dal (d) designer sunglasses
Answer key
- a need: food
- a toy robot
- a warm blanket
- designer sunglasses
- False
- school shoes
- hot drinks
- a want
- a want
- False
- a need
- a bigger TV
- a video game
- a fancy phone cover
- a party dress
- a want
- False
- False
- True
- True
- people always need them
- a party dress
- a toy robot
- False
- a need
- a want
- a need
- a bigger TV
- sweets every day
- drinking water
- a need
- the needs
- False
- a roof over your head
- a glitter pen set
- designer sunglasses
- False
- a third pair of shoes
- rice and dal
- rice and dal
Free entrepreneurship lessons, practice and worksheets at talentjr.in/entrepreneurship-for-kids