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.💡 A need is something… (a) we must have to live (b) nice but not needed (c) only rich people buy (d) made of plastic
- 2.Which of these is a want? (a) designer sunglasses (b) notebooks for school (c) drinking water (d) rice and dal
- 3.True or false: “a toy robot” is a want. (a) True (b) False
- 4.❄️ On a cold winter morning, which stall would most people want? (a) water guns (b) ice lollies (c) paper fans (d) hot drinks
- 5.Which of these is a need? (a) sweets every day (b) a roof over your head (c) a toy robot (d) a fancy phone cover
- 6.🛒 Need or want: a bigger TV? (a) a want (b) a need
- 7.Which of these is a want? (a) drinking water (b) a roof over your head (c) a party dress (d) bus fare to school
- 8.Which of these is a need? (a) a sticker album (b) a glitter pen set (c) medicine when ill (d) a party dress
- 9.🛒 Need or want: a glitter pen set? (a) a want (b) a need
- 10.🔍 Which is the odd one out? (a) a bigger TV (b) a video game (c) a party dress (d) notebooks for school
- 11.🔍 Which is the odd one out? (a) a fancy phone cover (b) a toy robot (c) a video game (d) a roof over your head
- 12.🔍 Which is the odd one out? (a) a third pair of shoes (b) a bigger TV (c) designer sunglasses (d) a school uniform
- 13.🔍 Which is the odd one out? (a) a third pair of shoes (b) a party dress (c) rice and dal (d) a bigger TV
- 14.Which of these is a need? (a) a school uniform (b) a toy robot (c) a fancy phone cover (d) sweets every day
- 15.🔍 Which is the odd one out? (a) designer sunglasses (b) medicine when ill (c) bus fare to school (d) a school uniform
- 16.True or false: “soap” is a need. (a) True (b) False
- 17.🔍 Which is the odd one out? (a) a glitter pen set (b) a video game (c) drinking water (d) a fancy phone cover
- 18.🛒 Need or want: a school uniform? (a) a need (b) a want
- 19.True or false: “a party dress” is a need. (a) False (b) True
- 20.True or false: “soap” is a want. (a) False (b) True
- 21.Which of these is a want? (a) a sticker album (b) notebooks for school (c) rice and dal (d) bus fare to school
- 22.🔍 Which is the odd one out? (a) a party dress (b) a roof over your head (c) medicine when ill (d) drinking water
- 23.True or false: “a third pair of shoes” is a want. (a) True (b) False
- 24.🎯 A want can still be a good business when… (a) it is not safe (b) it breaks the rules (c) nobody likes it (d) many people want it
- 25.🛒 Need or want: a third pair of shoes? (a) a need (b) a want
- 26.Which of these is a need? (a) designer sunglasses (b) a toy robot (c) a fancy phone cover (d) drinking water
- 27.True or false: “designer sunglasses” is a want. (a) False (b) True
- 28.🛒 Need or want: a roof over your head? (a) a want (b) a need
- 29.True or false: “school shoes” is a want. (a) True (b) False
- 30.Which of these is a want? (a) drinking water (b) a video game (c) bus fare to school (d) notebooks for school
- 31.True or false: “notebooks for school” is a need. (a) True (b) False
- 32.🔍 Which is the odd one out? (a) a video game (b) a school uniform (c) bus fare to school (d) a warm blanket
- 33.🔍 Which is the odd one out? (a) medicine when ill (b) a sticker album (c) a fancy phone cover (d) a glitter pen set
- 34.🛒 Need or want: a toy robot? (a) a want (b) a need
- 35.Which of these is a need? (a) a fancy phone cover (b) a toy robot (c) school shoes (d) a third pair of shoes
- 36.☔ In the monsoon, which would sell best at a school gate? (a) paper kites (b) woollen sweaters (c) ice lollies (d) umbrellas and raincoats
- 37.Which of these is a want? (a) a school uniform (b) a fancy phone cover (c) school shoes (d) rice and dal
- 38.🔍 Which is the odd one out? (a) a toy robot (b) rice and dal (c) a school uniform (d) medicine when ill
- 39.🔍 Which is the odd one out? (a) a video game (b) soap (c) a glitter pen set (d) a third pair of shoes
- 40.True or false: “a school uniform” is a want. (a) False (b) True
Answer key
- we must have to live
- designer sunglasses
- True
- hot drinks
- a roof over your head
- a want
- a party dress
- medicine when ill
- a want
- notebooks for school
- a roof over your head
- a school uniform
- rice and dal
- a school uniform
- designer sunglasses
- True
- drinking water
- a need
- False
- False
- a sticker album
- a party dress
- True
- many people want it
- a want
- drinking water
- True
- a need
- False
- a video game
- True
- a video game
- medicine when ill
- a want
- school shoes
- umbrellas and raincoats
- a fancy phone cover
- a toy robot
- soap
- False
Free entrepreneurship lessons, practice and worksheets at talentjr.in/entrepreneurship-for-kids