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