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) a toy robot (b) a roof over your head (c) a fancy phone cover (d) a video game
- 2.🛒 Need or want: a roof over your head? (a) a want (b) a need
- 3.🛒 Need or want: a school uniform? (a) a want (b) a need
- 4.True or false: “drinking water” is a want. (a) True (b) False
- 5.True or false: “soap” is a want. (a) False (b) True
- 6.❄️ On a cold winter morning, which stall would most people want? (a) water guns (b) hot drinks (c) paper fans (d) ice lollies
- 7.🔍 Which is the odd one out? (a) drinking water (b) rice and dal (c) a roof over your head (d) a fancy phone cover
- 8.True or false: “a third pair of shoes” is a need. (a) True (b) False
- 9.🔍 Which is the odd one out? (a) a fancy phone cover (b) a video game (c) a sticker album (d) a warm blanket
- 10.Which of these is a need? (a) a bigger TV (b) a glitter pen set (c) a party dress (d) drinking water
- 11.🛒 Need or want: bus fare to school? (a) a want (b) a need
- 12.Which of these is a want? (a) designer sunglasses (b) a school uniform (c) school shoes (d) a warm blanket
- 13.True or false: “a fancy phone cover” is a want. (a) True (b) False
- 14.🛒 A family has little money. What should it buy first? (a) the most fun thing (b) the needs (c) the wants (d) the costliest thing
- 15.True or false: “a warm blanket” is a need. (a) True (b) False
- 16.Which of these is a want? (a) soap (b) drinking water (c) a warm blanket (d) a third pair of shoes
- 17.🍱 A tiffin service mostly meets which? (a) nothing at all (b) a want: toys (c) a need: food (d) a want: games
- 18.Which of these is a want? (a) medicine when ill (b) notebooks for school (c) a bigger TV (d) a school uniform
- 19.🛒 Need or want: rice and dal? (a) a need (b) a want
- 20.Which of these is a need? (a) a toy robot (b) a third pair of shoes (c) a warm blanket (d) sweets every day
- 21.🔍 Which is the odd one out? (a) school shoes (b) bus fare to school (c) a third pair of shoes (d) a roof over your head
- 22.True or false: “a toy robot” is a need. (a) False (b) True
- 23.🛒 Need or want: a fancy phone cover? (a) a want (b) a need
- 24.True or false: “rice and dal” is a want. (a) True (b) False
- 25.🛒 Need or want: school shoes? (a) a want (b) a need
- 26.💡 A need is something… (a) only rich people buy (b) made of plastic (c) we must have to live (d) nice but not needed
- 27.Which of these is a want? (a) a glitter pen set (b) notebooks for school (c) medicine when ill (d) school shoes
- 28.🔍 Which is the odd one out? (a) designer sunglasses (b) drinking water (c) a bigger TV (d) sweets every day
- 29.🔍 Which is the odd one out? (a) a fancy phone cover (b) a sticker album (c) a video game (d) a school uniform
- 30.🔍 Which is the odd one out? (a) sweets every day (b) a third pair of shoes (c) a glitter pen set (d) school shoes
- 31.🔍 Which is the odd one out? (a) a fancy phone cover (b) a party dress (c) a glitter pen set (d) rice and dal
- 32.🔍 Which is the odd one out? (a) a roof over your head (b) soap (c) a warm blanket (d) sweets every day
- 33.True or false: “a school uniform” is a need. (a) False (b) True
- 34.🛒 Need or want: a warm blanket? (a) a need (b) a want
- 35.🛒 Need or want: a video game? (a) a want (b) a need
- 36.☔ In the monsoon, which would sell best at a school gate? (a) paper kites (b) ice lollies (c) woollen sweaters (d) umbrellas and raincoats
- 37.Which of these is a need? (a) a sticker album (b) bus fare to school (c) a fancy phone cover (d) a bigger TV
- 38.🛒 Need or want: notebooks for school? (a) a want (b) a need
- 39.🛒 Need or want: a glitter pen set? (a) a need (b) a want
- 40.🛒 Need or want: a party dress? (a) a need (b) a want
Answer key
- a roof over your head
- a need
- a need
- False
- False
- hot drinks
- a fancy phone cover
- False
- a warm blanket
- drinking water
- a need
- designer sunglasses
- True
- the needs
- True
- a third pair of shoes
- a need: food
- a bigger TV
- a need
- a warm blanket
- a third pair of shoes
- False
- a want
- False
- a need
- we must have to live
- a glitter pen set
- drinking water
- a school uniform
- school shoes
- rice and dal
- sweets every day
- True
- a need
- a want
- umbrellas and raincoats
- bus fare to school
- a need
- a want
- a want
Free entrepreneurship lessons, practice and worksheets at talentjr.in/entrepreneurship-for-kids