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 roof over your head? (a) a need (b) a want
- 2.🔍 Which is the odd one out? (a) a party dress (b) sweets every day (c) a video game (d) school shoes
- 3.True or false: “medicine when ill” is a want. (a) True (b) False
- 4.True or false: “a third pair of shoes” is a need. (a) False (b) True
- 5.🔍 Which is the odd one out? (a) sweets every day (b) a school uniform (c) a bigger TV (d) a third pair of shoes
- 6.🛒 Need or want: a sticker album? (a) a want (b) a need
- 7.True or false: “rice and dal” is a need. (a) False (b) True
- 8.☔ In the monsoon, which would sell best at a school gate? (a) woollen sweaters (b) ice lollies (c) paper kites (d) umbrellas and raincoats
- 9.🛒 Need or want: school shoes? (a) a want (b) a need
- 10.💡 A need is something… (a) only rich people buy (b) we must have to live (c) nice but not needed (d) made of plastic
- 11.Which of these is a need? (a) notebooks for school (b) a third pair of shoes (c) a sticker album (d) designer sunglasses
- 12.Which of these is a need? (a) a glitter pen set (b) bus fare to school (c) a bigger TV (d) a fancy phone cover
- 13.True or false: “bus fare to school” is a want. (a) False (b) True
- 14.Which of these is a want? (a) a school uniform (b) a video game (c) a roof over your head (d) notebooks for school
- 15.True or false: “a bigger TV” is a need. (a) False (b) True
- 16.🛍️ Why do businesses that meet needs often sell all year? (a) nobody buys needs (b) needs are toys (c) people always need them (d) needs are always free
- 17.True or false: “a roof over your head” is a want. (a) True (b) False
- 18.Which of these is a want? (a) notebooks for school (b) a fancy phone cover (c) a roof over your head (d) school shoes
- 19.🛒 Need or want: bus fare to school? (a) a need (b) a want
- 20.True or false: “a bigger TV” is a want. (a) True (b) False
- 21.🔍 Which is the odd one out? (a) a glitter pen set (b) a party dress (c) a sticker album (d) a warm blanket
- 22.🔍 Which is the odd one out? (a) school shoes (b) rice and dal (c) notebooks for school (d) a fancy phone cover
- 23.True or false: “notebooks for school” is a need. (a) True (b) False
- 24.Which of these is a want? (a) designer sunglasses (b) notebooks for school (c) school shoes (d) bus fare to school
- 25.Which of these is a want? (a) school shoes (b) bus fare to school (c) a warm blanket (d) a party dress
- 26.True or false: “soap” is a need. (a) False (b) True
- 27.True or false: “rice and dal” is a want. (a) True (b) False
- 28.🎯 A want can still be a good business when… (a) nobody likes it (b) it breaks the rules (c) it is not safe (d) many people want it
- 29.True or false: “a fancy phone cover” is a need. (a) True (b) False
- 30.True or false: “school shoes” is a want. (a) True (b) False
- 31.❄️ On a cold winter morning, which stall would most people want? (a) ice lollies (b) water guns (c) paper fans (d) hot drinks
- 32.🛒 Need or want: a glitter pen set? (a) a want (b) a need
- 33.🔍 Which is the odd one out? (a) drinking water (b) a school uniform (c) bus fare to school (d) a video game
- 34.🛒 Need or want: drinking water? (a) a want (b) a need
- 35.🛒 Need or want: sweets every day? (a) a need (b) a want
- 36.True or false: “notebooks for school” is a want. (a) True (b) False
- 37.🔍 Which is the odd one out? (a) a third pair of shoes (b) a party dress (c) a sticker album (d) bus fare to school
- 38.🛒 Need or want: medicine when ill? (a) a need (b) a want
- 39.🛒 Need or want: notebooks for school? (a) a need (b) a want
- 40.Which of these is a want? (a) a roof over your head (b) rice and dal (c) a toy robot (d) soap
Answer key
- a need
- school shoes
- False
- False
- a school uniform
- a want
- True
- umbrellas and raincoats
- a need
- we must have to live
- notebooks for school
- bus fare to school
- False
- a video game
- False
- people always need them
- False
- a fancy phone cover
- a need
- True
- a warm blanket
- a fancy phone cover
- True
- designer sunglasses
- a party dress
- True
- False
- many people want it
- False
- False
- hot drinks
- a want
- a video game
- a need
- a want
- False
- bus fare to school
- a need
- a need
- a toy robot
Free entrepreneurship lessons, practice and worksheets at talentjr.in/entrepreneurship-for-kids