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.Which of these is a need? (a) rice and dal (b) designer sunglasses (c) a fancy phone cover (d) a sticker album
- 2.🔍 Which is the odd one out? (a) soap (b) a toy robot (c) a school uniform (d) notebooks for school
- 3.Which of these is a want? (a) notebooks for school (b) drinking water (c) a warm blanket (d) a sticker album
- 4.🔍 Which is the odd one out? (a) drinking water (b) soap (c) designer sunglasses (d) notebooks for school
- 5.🔍 Which is the odd one out? (a) sweets every day (b) drinking water (c) a third pair of shoes (d) a fancy phone cover
- 6.🛒 Need or want: a third pair of shoes? (a) a want (b) a need
- 7.🛍️ Why do businesses that meet needs often sell all year? (a) needs are always free (b) needs are toys (c) people always need them (d) nobody buys needs
- 8.True or false: “drinking water” is a want. (a) False (b) True
- 9.🔍 Which is the odd one out? (a) drinking water (b) a third pair of shoes (c) a school uniform (d) medicine when ill
- 10.🛒 Need or want: drinking water? (a) a need (b) a want
- 11.True or false: “a video game” is a want. (a) False (b) True
- 12.🛒 Need or want: soap? (a) a need (b) a want
- 13.❄️ On a cold winter morning, which stall would most people want? (a) hot drinks (b) paper fans (c) water guns (d) ice lollies
- 14.True or false: “a roof over your head” is a need. (a) False (b) True
- 15.🔍 Which is the odd one out? (a) bus fare to school (b) notebooks for school (c) a fancy phone cover (d) soap
- 16.🔍 Which is the odd one out? (a) a party dress (b) sweets every day (c) a toy robot (d) bus fare to school
- 17.🛒 Need or want: bus fare to school? (a) a want (b) a need
- 18.Which of these is a want? (a) designer sunglasses (b) notebooks for school (c) a warm blanket (d) bus fare to school
- 19.True or false: “a glitter pen set” is a need. (a) True (b) False
- 20.Which of these is a need? (a) medicine when ill (b) designer sunglasses (c) a toy robot (d) a fancy phone cover
- 21.True or false: “designer sunglasses” is a need. (a) False (b) True
- 22.🔍 Which is the odd one out? (a) a glitter pen set (b) a school uniform (c) a sticker album (d) a toy robot
- 23.True or false: “rice and dal” is a want. (a) False (b) True
- 24.🔍 Which is the odd one out? (a) a fancy phone cover (b) a bigger TV (c) a party dress (d) rice and dal
- 25.Which of these is a need? (a) a glitter pen set (b) a third pair of shoes (c) school shoes (d) a party dress
- 26.Which of these is a need? (a) a warm blanket (b) a bigger TV (c) a video game (d) a sticker album
- 27.💡 A need is something… (a) we must have to live (b) only rich people buy (c) made of plastic (d) nice but not needed
- 28.🛒 Need or want: rice and dal? (a) a need (b) a want
- 29.🛒 Need or want: a sticker album? (a) a need (b) a want
- 30.🎯 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
- 31.🔍 Which is the odd one out? (a) sweets every day (b) notebooks for school (c) soap (d) rice and dal
- 32.🛒 Need or want: school shoes? (a) a need (b) a want
- 33.True or false: “a party dress” is a need. (a) True (b) False
- 34.🛒 Need or want: designer sunglasses? (a) a want (b) a need
- 35.🛒 Need or want: a school uniform? (a) a need (b) a want
- 36.🔍 Which is the odd one out? (a) designer sunglasses (b) a sticker album (c) a roof over your head (d) a third pair of shoes
- 37.🍱 A tiffin service mostly meets which? (a) a need: food (b) a want: toys (c) nothing at all (d) a want: games
- 38.🔍 Which is the odd one out? (a) a party dress (b) a third pair of shoes (c) a bigger TV (d) notebooks for school
- 39.True or false: “a bigger TV” is a want. (a) True (b) False
- 40.Which of these is a want? (a) school shoes (b) a video game (c) rice and dal (d) a warm blanket
Answer key
- rice and dal
- a toy robot
- a sticker album
- designer sunglasses
- drinking water
- a want
- people always need them
- False
- a third pair of shoes
- a need
- True
- a need
- hot drinks
- True
- a fancy phone cover
- bus fare to school
- a need
- designer sunglasses
- False
- medicine when ill
- False
- a school uniform
- False
- rice and dal
- school shoes
- a warm blanket
- we must have to live
- a need
- a want
- many people want it
- sweets every day
- a need
- False
- a want
- a need
- a roof over your head
- a need: food
- notebooks for school
- True
- a video game
Free entrepreneurship lessons, practice and worksheets at talentjr.in/entrepreneurship-for-kids