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