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