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