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