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 roof over your head” is a want. (a) False (b) True
- 2.❄️ On a cold winter morning, which stall would most people want? (a) paper fans (b) hot drinks (c) water guns (d) ice lollies
- 3.True or false: “a party dress” is a want. (a) True (b) False
- 4.Which of these is a want? (a) a video game (b) soap (c) notebooks for school (d) bus fare to school
- 5.🛒 Need or want: a roof over your head? (a) a want (b) a need
- 6.🔍 Which is the odd one out? (a) school shoes (b) drinking water (c) a roof over your head (d) a glitter pen set
- 7.🔍 Which is the odd one out? (a) medicine when ill (b) soap (c) a warm blanket (d) a party dress
- 8.💡 A need is something… (a) we must have to live (b) made of plastic (c) only rich people buy (d) nice but not needed
- 9.🔍 Which is the odd one out? (a) a fancy phone cover (b) a party dress (c) notebooks for school (d) sweets every day
- 10.🔍 Which is the odd one out? (a) designer sunglasses (b) notebooks for school (c) bus fare to school (d) rice and dal
- 11.🛒 A family has little money. What should it buy first? (a) the wants (b) the needs (c) the costliest thing (d) the most fun thing
- 12.True or false: “designer sunglasses” is a want. (a) True (b) False
- 13.Which of these is a need? (a) notebooks for school (b) a sticker album (c) designer sunglasses (d) sweets every day
- 14.True or false: “a school uniform” is a need. (a) True (b) False
- 15.🛒 Need or want: a party dress? (a) a want (b) a need
- 16.🔍 Which is the odd one out? (a) a glitter pen set (b) a party dress (c) school shoes (d) designer sunglasses
- 17.🛒 Need or want: a school uniform? (a) a need (b) a want
- 18.True or false: “a glitter pen set” is a need. (a) True (b) False
- 19.Which of these is a want? (a) a roof over your head (b) a glitter pen set (c) drinking water (d) medicine when ill
- 20.Which of these is a want? (a) rice and dal (b) a school uniform (c) a bigger TV (d) a roof over your head
- 21.🔍 Which is the odd one out? (a) a bigger TV (b) a sticker album (c) a school uniform (d) sweets every day
- 22.🛒 Need or want: a sticker album? (a) a need (b) a want
- 23.Which of these is a want? (a) notebooks for school (b) a third pair of shoes (c) school shoes (d) a warm blanket
- 24.🔍 Which is the odd one out? (a) school shoes (b) medicine when ill (c) a video game (d) bus fare to school
- 25.🛒 Need or want: school shoes? (a) a want (b) a need
- 26.Which of these is a need? (a) rice and dal (b) sweets every day (c) a sticker album (d) a toy robot
- 27.🔍 Which is the odd one out? (a) a third pair of shoes (b) a party dress (c) medicine when ill (d) a sticker album
- 28.🛒 Need or want: a third pair of shoes? (a) a need (b) a want
- 29.🔍 Which is the odd one out? (a) a warm blanket (b) a video game (c) a fancy phone cover (d) a toy robot
- 30.🛒 Need or want: medicine when ill? (a) a need (b) a want
- 31.True or false: “a video game” is a want. (a) False (b) True
- 32.🛒 Need or want: rice and dal? (a) a want (b) a need
- 33.🛒 Need or want: sweets every day? (a) a want (b) a need
- 34.🔍 Which is the odd one out? (a) soap (b) drinking water (c) a sticker album (d) bus fare to school
- 35.Which of these is a need? (a) a sticker album (b) designer sunglasses (c) a roof over your head (d) a bigger TV
- 36.🔍 Which is the odd one out? (a) medicine when ill (b) a toy robot (c) a roof over your head (d) a school uniform
- 37.True or false: “a sticker album” is a want. (a) True (b) False
- 38.Which of these is a need? (a) a warm blanket (b) a fancy phone cover (c) a party dress (d) designer sunglasses
- 39.Which of these is a need? (a) medicine when ill (b) a toy robot (c) a fancy phone cover (d) a video game
- 40.Which of these is a want? (a) drinking water (b) medicine when ill (c) a fancy phone cover (d) a roof over your head
Answer key
- False
- hot drinks
- True
- a video game
- a need
- a glitter pen set
- a party dress
- we must have to live
- notebooks for school
- designer sunglasses
- the needs
- True
- notebooks for school
- True
- a want
- school shoes
- a need
- False
- a glitter pen set
- a bigger TV
- a school uniform
- a want
- a third pair of shoes
- a video game
- a need
- rice and dal
- medicine when ill
- a want
- a warm blanket
- a need
- True
- a need
- a want
- a sticker album
- a roof over your head
- a toy robot
- True
- a warm blanket
- medicine when ill
- a fancy phone cover
Free entrepreneurship lessons, practice and worksheets at talentjr.in/entrepreneurship-for-kids