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