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