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