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