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 want? (a) bus fare to school (b) designer sunglasses (c) drinking water (d) a warm blanket
- 2.🛒 Need or want: a bigger TV? (a) a need (b) a want
- 3.Which of these is a need? (a) drinking water (b) a fancy phone cover (c) designer sunglasses (d) a third pair of shoes
- 4.🔍 Which is the odd one out? (a) a toy robot (b) a bigger TV (c) a glitter pen set (d) notebooks for school
- 5.True or false: “a party dress” is a want. (a) False (b) True
- 6.🛒 A family has little money. What should it buy first? (a) the wants (b) the needs (c) the costliest thing (d) the most fun thing
- 7.🔍 Which is the odd one out? (a) a warm blanket (b) bus fare to school (c) school shoes (d) sweets every day
- 8.🔍 Which is the odd one out? (a) a bigger TV (b) a sticker album (c) sweets every day (d) a roof over your head
- 9.True or false: “a toy robot” is a want. (a) True (b) False
- 10.True or false: “a party dress” is a need. (a) True (b) False
- 11.True or false: “rice and dal” is a need. (a) False (b) True
- 12.🛒 Need or want: a glitter pen set? (a) a need (b) a want
- 13.True or false: “a sticker album” is a want. (a) False (b) True
- 14.🛒 Need or want: designer sunglasses? (a) a need (b) a want
- 15.Which of these is a want? (a) a third pair of shoes (b) drinking water (c) rice and dal (d) soap
- 16.True or false: “a warm blanket” is a need. (a) False (b) True
- 17.Which of these is a need? (a) a toy robot (b) a third pair of shoes (c) notebooks for school (d) a fancy phone cover
- 18.🔍 Which is the odd one out? (a) notebooks for school (b) a school uniform (c) a toy robot (d) bus fare to school
- 19.🛒 Need or want: bus fare to school? (a) a want (b) a need
- 20.Which of these is a want? (a) a video game (b) drinking water (c) a roof over your head (d) medicine when ill
- 21.🔍 Which is the odd one out? (a) a school uniform (b) school shoes (c) soap (d) designer sunglasses
- 22.Which of these is a need? (a) a third pair of shoes (b) a sticker album (c) a video game (d) a warm blanket
- 23.True or false: “notebooks for school” is a want. (a) True (b) False
- 24.🛒 Need or want: a warm blanket? (a) a want (b) a need
- 25.True or false: “a video game” is a need. (a) True (b) False
- 26.🔍 Which is the odd one out? (a) a toy robot (b) sweets every day (c) a video game (d) a school uniform
- 27.🔍 Which is the odd one out? (a) designer sunglasses (b) a party dress (c) a third pair of shoes (d) school shoes
- 28.True or false: “a fancy phone cover” is a want. (a) False (b) True
- 29.Which of these is a want? (a) sweets every day (b) rice and dal (c) drinking water (d) school shoes
- 30.🔍 Which is the odd one out? (a) bus fare to school (b) a bigger TV (c) a video game (d) a fancy phone cover
- 31.True or false: “a warm blanket” is a want. (a) False (b) True
- 32.🛒 Need or want: medicine when ill? (a) a want (b) a need
- 33.Which of these is a need? (a) a glitter pen set (b) bus fare to school (c) sweets every day (d) a third pair of shoes
- 34.🔍 Which is the odd one out? (a) medicine when ill (b) notebooks for school (c) drinking water (d) a party dress
- 35.🔍 Which is the odd one out? (a) school shoes (b) notebooks for school (c) rice and dal (d) a sticker album
- 36.True or false: “a third pair of shoes” is a want. (a) False (b) True
- 37.🔍 Which is the odd one out? (a) soap (b) school shoes (c) a school uniform (d) a glitter pen set
- 38.Which of these is a want? (a) medicine when ill (b) drinking water (c) a toy robot (d) a warm blanket
- 39.🛒 Need or want: a party dress? (a) a need (b) a want
- 40.☔ In the monsoon, which would sell best at a school gate? (a) umbrellas and raincoats (b) ice lollies (c) woollen sweaters (d) paper kites
Answer key
- designer sunglasses
- a want
- drinking water
- notebooks for school
- True
- the needs
- sweets every day
- a roof over your head
- True
- False
- True
- a want
- True
- a want
- a third pair of shoes
- True
- notebooks for school
- a toy robot
- a need
- a video game
- designer sunglasses
- a warm blanket
- False
- a need
- False
- a school uniform
- school shoes
- True
- sweets every day
- bus fare to school
- False
- a need
- bus fare to school
- a party dress
- a sticker album
- True
- a glitter pen set
- a toy robot
- a want
- umbrellas and raincoats
Free entrepreneurship lessons, practice and worksheets at talentjr.in/entrepreneurship-for-kids