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