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