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 is the odd one out? (a) a party dress (b) designer sunglasses (c) a fancy phone cover (d) bus fare to school
- 2.🛒 Need or want: sweets every day? (a) a need (b) a want
- 3.True or false: “a school uniform” is a want. (a) False (b) True
- 4.Which of these is a need? (a) a bigger TV (b) a fancy phone cover (c) a glitter pen set (d) a roof over your head
- 5.🛒 A family has little money. What should it buy first? (a) the wants (b) the most fun thing (c) the costliest thing (d) the needs
- 6.🔍 Which is the odd one out? (a) a warm blanket (b) a bigger TV (c) bus fare to school (d) notebooks for school
- 7.🛒 Need or want: medicine when ill? (a) a need (b) a want
- 8.🛒 Need or want: a school uniform? (a) a need (b) a want
- 9.True or false: “a warm blanket” is a want. (a) False (b) True
- 10.True or false: “a fancy phone cover” is a need. (a) True (b) False
- 11.🛒 Need or want: notebooks for school? (a) a want (b) a need
- 12.🔍 Which is the odd one out? (a) notebooks for school (b) a warm blanket (c) a glitter pen set (d) a roof over your head
- 13.🔍 Which is the odd one out? (a) sweets every day (b) notebooks for school (c) school shoes (d) a warm blanket
- 14.True or false: “a party dress” is a want. (a) True (b) False
- 15.🔍 Which is the odd one out? (a) a roof over your head (b) drinking water (c) notebooks for school (d) a toy robot
- 16.❄️ On a cold winter morning, which stall would most people want? (a) water guns (b) ice lollies (c) hot drinks (d) paper fans
- 17.🔍 Which is the odd one out? (a) a glitter pen set (b) a toy robot (c) school shoes (d) designer sunglasses
- 18.🛒 Need or want: a party dress? (a) a want (b) a need
- 19.🛒 Need or want: soap? (a) a want (b) a need
- 20.True or false: “a fancy phone cover” is a want. (a) True (b) False
- 21.🛒 Need or want: a glitter pen set? (a) a want (b) a need
- 22.Which of these is a want? (a) school shoes (b) drinking water (c) a video game (d) notebooks for school
- 23.🔍 Which is the odd one out? (a) sweets every day (b) a glitter pen set (c) a school uniform (d) a bigger TV
- 24.🛒 Need or want: rice and dal? (a) a want (b) a need
- 25.Which of these is a want? (a) rice and dal (b) notebooks for school (c) a party dress (d) a school uniform
- 26.🛒 Need or want: bus fare to school? (a) a need (b) a want
- 27.☔ In the monsoon, which would sell best at a school gate? (a) ice lollies (b) paper kites (c) umbrellas and raincoats (d) woollen sweaters
- 28.🔍 Which is the odd one out? (a) school shoes (b) a warm blanket (c) medicine when ill (d) a sticker album
- 29.💡 A need is something… (a) we must have to live (b) only rich people buy (c) nice but not needed (d) made of plastic
- 30.Which of these is a want? (a) drinking water (b) designer sunglasses (c) a school uniform (d) a warm blanket
- 31.Which of these is a need? (a) a bigger TV (b) a warm blanket (c) designer sunglasses (d) a sticker album
- 32.🔍 Which is the odd one out? (a) a fancy phone cover (b) a sticker album (c) a bigger TV (d) a roof over your head
- 33.🛒 Need or want: a toy robot? (a) a need (b) a want
- 34.True or false: “a video game” is a want. (a) True (b) False
- 35.Which of these is a need? (a) a bigger TV (b) school shoes (c) designer sunglasses (d) a toy robot
- 36.🛍️ Why do businesses that meet needs often sell all year? (a) nobody buys needs (b) needs are always free (c) people always need them (d) needs are toys
- 37.True or false: “a warm blanket” is a need. (a) True (b) False
- 38.Which of these is a need? (a) a third pair of shoes (b) a video game (c) rice and dal (d) a sticker album
- 39.🛒 Need or want: a video game? (a) a need (b) a want
- 40.🔍 Which is the odd one out? (a) rice and dal (b) a third pair of shoes (c) a video game (d) a glitter pen set
Answer key
- bus fare to school
- a want
- False
- a roof over your head
- the needs
- a bigger TV
- a need
- a need
- False
- False
- a need
- a glitter pen set
- sweets every day
- True
- a toy robot
- hot drinks
- school shoes
- a want
- a need
- True
- a want
- a video game
- a school uniform
- a need
- a party dress
- a need
- umbrellas and raincoats
- a sticker album
- we must have to live
- designer sunglasses
- a warm blanket
- a roof over your head
- a want
- True
- school shoes
- people always need them
- True
- rice and dal
- a want
- rice and dal
Free entrepreneurship lessons, practice and worksheets at talentjr.in/entrepreneurship-for-kids