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