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