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 is the odd one out? (a) rice and dal (b) a warm blanket (c) a third pair of shoes (d) a school uniform
- 2.Which of these is a want? (a) a roof over your head (b) rice and dal (c) school shoes (d) a fancy phone cover
- 3.🛒 Need or want: a video game? (a) a want (b) a need
- 4.🍱 A tiffin service mostly meets which? (a) a want: toys (b) a want: games (c) a need: food (d) nothing at all
- 5.Which of these is a need? (a) soap (b) a sticker album (c) a third pair of shoes (d) a fancy phone cover
- 6.🔍 Which is the odd one out? (a) a toy robot (b) school shoes (c) a glitter pen set (d) a party dress
- 7.Which of these is a want? (a) bus fare to school (b) school shoes (c) notebooks for school (d) a toy robot
- 8.🛍️ 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
- 9.🎯 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
- 10.☔ In the monsoon, which would sell best at a school gate? (a) paper kites (b) woollen sweaters (c) umbrellas and raincoats (d) ice lollies
- 11.True or false: “a party dress” is a want. (a) False (b) True
- 12.🛒 Need or want: sweets every day? (a) a need (b) a want
- 13.Which of these is a need? (a) sweets every day (b) a fancy phone cover (c) a roof over your head (d) a video game
- 14.True or false: “sweets every day” is a need. (a) True (b) False
- 15.Which of these is a want? (a) soap (b) bus fare to school (c) designer sunglasses (d) drinking water
- 16.True or false: “a warm blanket” is a need. (a) True (b) False
- 17.🛒 A family has little money. What should it buy first? (a) the needs (b) the wants (c) the costliest thing (d) the most fun thing
- 18.Which of these is a need? (a) sweets every day (b) school shoes (c) a bigger TV (d) a glitter pen set
- 19.🔍 Which is the odd one out? (a) soap (b) rice and dal (c) notebooks for school (d) sweets every day
- 20.🔍 Which is the odd one out? (a) soap (b) a party dress (c) a fancy phone cover (d) sweets every day
- 21.🔍 Which is the odd one out? (a) bus fare to school (b) designer sunglasses (c) a fancy phone cover (d) a glitter pen set
- 22.🛒 Need or want: a toy robot? (a) a need (b) a want
- 23.Which of these is a need? (a) designer sunglasses (b) a fancy phone cover (c) a school uniform (d) a party dress
- 24.🛒 Need or want: soap? (a) a want (b) a need
- 25.True or false: “school shoes” is a need. (a) True (b) False
- 26.🛒 Need or want: a roof over your head? (a) a want (b) a need
- 27.Which of these is a need? (a) a video game (b) rice and dal (c) a bigger TV (d) a party dress
- 28.🛒 Need or want: a fancy phone cover? (a) a need (b) a want
- 29.🛒 Need or want: a party dress? (a) a need (b) a want
- 30.🛒 Need or want: a sticker album? (a) a need (b) a want
- 31.🛒 Need or want: designer sunglasses? (a) a want (b) a need
- 32.True or false: “a fancy phone cover” is a need. (a) False (b) True
- 33.True or false: “designer sunglasses” is a need. (a) False (b) True
- 34.🔍 Which is the odd one out? (a) soap (b) school shoes (c) rice and dal (d) a sticker album
- 35.🔍 Which is the odd one out? (a) sweets every day (b) a sticker album (c) a fancy phone cover (d) rice and dal
- 36.Which of these is a want? (a) a video game (b) a warm blanket (c) rice and dal (d) school shoes
- 37.🛒 Need or want: bus fare to school? (a) a want (b) a need
- 38.True or false: “a warm blanket” is a want. (a) False (b) True
- 39.🔍 Which is the odd one out? (a) rice and dal (b) a toy robot (c) drinking water (d) school shoes
- 40.🔍 Which is the odd one out? (a) a school uniform (b) drinking water (c) school shoes (d) a fancy phone cover
Answer key
- a third pair of shoes
- a fancy phone cover
- a want
- a need: food
- soap
- school shoes
- a toy robot
- people always need them
- many people want it
- umbrellas and raincoats
- True
- a want
- a roof over your head
- False
- designer sunglasses
- True
- the needs
- school shoes
- sweets every day
- soap
- bus fare to school
- a want
- a school uniform
- a need
- True
- a need
- rice and dal
- a want
- a want
- a want
- a want
- False
- False
- a sticker album
- rice and dal
- a video game
- a need
- False
- a toy robot
- a fancy phone cover
Free entrepreneurship lessons, practice and worksheets at talentjr.in/entrepreneurship-for-kids