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) sweets every day (b) a bigger TV (c) a video game (d) rice and dal
- 2.True or false: “notebooks for school” is a need. (a) False (b) True
- 3.🛒 Need or want: soap? (a) a want (b) a need
- 4.💡 A need is something… (a) only rich people buy (b) we must have to live (c) made of plastic (d) nice but not needed
- 5.🔍 Which is the odd one out? (a) a fancy phone cover (b) bus fare to school (c) drinking water (d) school shoes
- 6.🔍 Which is the odd one out? (a) sweets every day (b) a toy robot (c) notebooks for school (d) a video game
- 7.True or false: “school shoes” is a need. (a) False (b) True
- 8.🛒 Need or want: rice and dal? (a) a want (b) a need
- 9.True or false: “a glitter pen set” is a want. (a) True (b) False
- 10.🛒 Need or want: a video game? (a) a want (b) a need
- 11.☔ In the monsoon, which would sell best at a school gate? (a) ice lollies (b) woollen sweaters (c) umbrellas and raincoats (d) paper kites
- 12.🎯 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
- 13.Which of these is a need? (a) school shoes (b) a fancy phone cover (c) a video game (d) a bigger TV
- 14.🔍 Which is the odd one out? (a) a toy robot (b) a party dress (c) school shoes (d) a glitter pen set
- 15.🛒 Need or want: a school uniform? (a) a need (b) a want
- 16.Which of these is a want? (a) soap (b) medicine when ill (c) notebooks for school (d) sweets every day
- 17.🛒 Need or want: school shoes? (a) a want (b) a need
- 18.🍱 A tiffin service mostly meets which? (a) nothing at all (b) a want: games (c) a need: food (d) a want: toys
- 19.🛒 Need or want: a bigger TV? (a) a want (b) a need
- 20.True or false: “a party dress” is a want. (a) False (b) True
- 21.True or false: “a video game” is a want. (a) True (b) False
- 22.True or false: “sweets every day” is a need. (a) True (b) False
- 23.Which of these is a want? (a) rice and dal (b) a bigger TV (c) a roof over your head (d) medicine when ill
- 24.🛒 A family has little money. What should it buy first? (a) the wants (b) the most fun thing (c) the costliest thing (d) the needs
- 25.🔍 Which is the odd one out? (a) medicine when ill (b) notebooks for school (c) sweets every day (d) a roof over your head
- 26.True or false: “a school uniform” is a need. (a) False (b) True
- 27.🔍 Which is the odd one out? (a) soap (b) designer sunglasses (c) a fancy phone cover (d) a toy robot
- 28.🔍 Which is the odd one out? (a) a third pair of shoes (b) a school uniform (c) school shoes (d) a roof over your head
- 29.Which of these is a want? (a) bus fare to school (b) a roof over your head (c) a third pair of shoes (d) rice and dal
- 30.🔍 Which is the odd one out? (a) medicine when ill (b) a warm blanket (c) a roof over your head (d) designer sunglasses
- 31.🛒 Need or want: drinking water? (a) a want (b) a need
- 32.❄️ On a cold winter morning, which stall would most people want? (a) paper fans (b) ice lollies (c) hot drinks (d) water guns
- 33.Which of these is a want? (a) soap (b) a party dress (c) drinking water (d) bus fare to school
- 34.True or false: “a glitter pen set” is a need. (a) False (b) True
- 35.Which of these is a want? (a) school shoes (b) a warm blanket (c) a sticker album (d) soap
- 36.🛒 Need or want: a third pair of shoes? (a) a need (b) a want
- 37.🔍 Which is the odd one out? (a) soap (b) a bigger TV (c) rice and dal (d) bus fare to school
- 38.🔍 Which is the odd one out? (a) a sticker album (b) drinking water (c) bus fare to school (d) notebooks for school
- 39.🛒 Need or want: notebooks for school? (a) a need (b) a want
- 40.🛒 Need or want: a party dress? (a) a need (b) a want
Answer key
- rice and dal
- True
- a need
- we must have to live
- a fancy phone cover
- notebooks for school
- True
- a need
- True
- a want
- umbrellas and raincoats
- many people want it
- school shoes
- school shoes
- a need
- sweets every day
- a need
- a need: food
- a want
- True
- True
- False
- a bigger TV
- the needs
- sweets every day
- True
- soap
- a third pair of shoes
- a third pair of shoes
- designer sunglasses
- a need
- hot drinks
- a party dress
- False
- a sticker album
- a want
- a bigger TV
- a sticker album
- a need
- a want
Free entrepreneurship lessons, practice and worksheets at talentjr.in/entrepreneurship-for-kids