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