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