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