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