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.Which of these is a want? (a) soap (b) designer sunglasses (c) a warm blanket (d) medicine when ill
- 2.🛒 Need or want: a warm blanket? (a) a need (b) a want
- 3.🛒 Need or want: a bigger TV? (a) a want (b) a need
- 4.🛍️ Why do businesses that meet needs often sell all year? (a) people always need them (b) needs are toys (c) nobody buys needs (d) needs are always free
- 5.🔍 Which is the odd one out? (a) a party dress (b) sweets every day (c) a bigger TV (d) a roof over your head
- 6.🔍 Which is the odd one out? (a) designer sunglasses (b) soap (c) a third pair of shoes (d) a fancy phone cover
- 7.🔍 Which is the odd one out? (a) a glitter pen set (b) a roof over your head (c) school shoes (d) notebooks for school
- 8.Which of these is a need? (a) a sticker album (b) designer sunglasses (c) a toy robot (d) notebooks for school
- 9.🔍 Which is the odd one out? (a) a sticker album (b) a third pair of shoes (c) a warm blanket (d) a glitter pen set
- 10.Which of these is a need? (a) sweets every day (b) a fancy phone cover (c) a bigger TV (d) a warm blanket
- 11.True or false: “medicine when ill” is a need. (a) False (b) True
- 12.🛒 Need or want: a third pair of shoes? (a) a want (b) a need
- 13.🛒 Need or want: a party dress? (a) a need (b) a want
- 14.🔍 Which is the odd one out? (a) notebooks for school (b) medicine when ill (c) a toy robot (d) a school uniform
- 15.True or false: “school shoes” is a need. (a) False (b) True
- 16.🛒 Need or want: soap? (a) a need (b) a want
- 17.🛒 A family has little money. What should it buy first? (a) the costliest thing (b) the most fun thing (c) the wants (d) the needs
- 18.Which of these is a want? (a) bus fare to school (b) school shoes (c) a glitter pen set (d) a warm blanket
- 19.💡 A need is something… (a) made of plastic (b) nice but not needed (c) only rich people buy (d) we must have to live
- 20.🛒 Need or want: designer sunglasses? (a) a want (b) a need
- 21.True or false: “a sticker album” is a need. (a) False (b) True
- 22.🍱 A tiffin service mostly meets which? (a) a want: games (b) nothing at all (c) a need: food (d) a want: toys
- 23.🛒 Need or want: medicine when ill? (a) a need (b) a want
- 24.🛒 Need or want: sweets every day? (a) a need (b) a want
- 25.True or false: “a glitter pen set” is a want. (a) False (b) True
- 26.🛒 Need or want: a glitter pen set? (a) a want (b) a need
- 27.Which of these is a want? (a) a bigger TV (b) school shoes (c) a roof over your head (d) a school uniform
- 28.🛒 Need or want: a video game? (a) a need (b) a want
- 29.🔍 Which is the odd one out? (a) a party dress (b) a glitter pen set (c) school shoes (d) designer sunglasses
- 30.True or false: “a school uniform” is a want. (a) True (b) False
- 31.True or false: “a toy robot” is a need. (a) False (b) True
- 32.🛒 Need or want: a fancy phone cover? (a) a need (b) a want
- 33.True or false: “soap” is a want. (a) True (b) False
- 34.🛒 Need or want: school shoes? (a) a want (b) a need
- 35.Which of these is a need? (a) a fancy phone cover (b) a video game (c) soap (d) designer sunglasses
- 36.True or false: “a third pair of shoes” is a need. (a) True (b) False
- 37.True or false: “a roof over your head” is a need. (a) True (b) False
- 38.🛒 Need or want: a toy robot? (a) a need (b) a want
- 39.🔍 Which is the odd one out? (a) rice and dal (b) sweets every day (c) a warm blanket (d) school shoes
- 40.Which of these is a need? (a) drinking water (b) a sticker album (c) a fancy phone cover (d) a third pair of shoes
Answer key
- designer sunglasses
- a need
- a want
- people always need them
- a roof over your head
- soap
- a glitter pen set
- notebooks for school
- a warm blanket
- a warm blanket
- True
- a want
- a want
- a toy robot
- True
- a need
- the needs
- a glitter pen set
- we must have to live
- a want
- False
- a need: food
- a need
- a want
- True
- a want
- a bigger TV
- a want
- school shoes
- False
- False
- a want
- False
- a need
- soap
- False
- True
- a want
- sweets every day
- drinking water
Free entrepreneurship lessons, practice and worksheets at talentjr.in/entrepreneurship-for-kids