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