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 want? (a) a school uniform (b) bus fare to school (c) a fancy phone cover (d) drinking water
- 2.Which of these is a want? (a) a toy robot (b) school shoes (c) soap (d) medicine when ill
- 3.🛒 Need or want: a sticker album? (a) a want (b) a need
- 4.🛒 Need or want: soap? (a) a want (b) a need
- 5.🛒 Need or want: a school uniform? (a) a need (b) a want
- 6.True or false: “a fancy phone cover” is a need. (a) False (b) True
- 7.🛒 Need or want: a glitter pen set? (a) a need (b) a want
- 8.🔍 Which is the odd one out? (a) a third pair of shoes (b) a sticker album (c) designer sunglasses (d) medicine when ill
- 9.🔍 Which is the odd one out? (a) a video game (b) a sticker album (c) a fancy phone cover (d) school shoes
- 10.🛒 Need or want: drinking water? (a) a want (b) a need
- 11.💡 A need is something… (a) made of plastic (b) only rich people buy (c) nice but not needed (d) we must have to live
- 12.Which of these is a need? (a) notebooks for school (b) a toy robot (c) a fancy phone cover (d) a glitter pen set
- 13.🛒 Need or want: school shoes? (a) a want (b) a need
- 14.🛍️ 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
- 15.Which of these is a need? (a) a roof over your head (b) a toy robot (c) a third pair of shoes (d) sweets every day
- 16.Which of these is a need? (a) a toy robot (b) a party dress (c) soap (d) a glitter pen set
- 17.True or false: “a school uniform” is a want. (a) True (b) False
- 18.True or false: “medicine when ill” is a need. (a) True (b) False
- 19.True or false: “a party dress” is a need. (a) False (b) True
- 20.🔍 Which is the odd one out? (a) a video game (b) a toy robot (c) soap (d) a sticker album
- 21.🔍 Which is the odd one out? (a) school shoes (b) a warm blanket (c) a roof over your head (d) a sticker album
- 22.🔍 Which is the odd one out? (a) a roof over your head (b) a party dress (c) rice and dal (d) notebooks for school
- 23.True or false: “drinking water” is a need. (a) False (b) True
- 24.🛒 Need or want: a third pair of shoes? (a) a need (b) a want
- 25.🔍 Which is the odd one out? (a) school shoes (b) soap (c) a toy robot (d) drinking water
- 26.❄️ On a cold winter morning, which stall would most people want? (a) paper fans (b) ice lollies (c) hot drinks (d) water guns
- 27.Which of these is a need? (a) a glitter pen set (b) a warm blanket (c) a bigger TV (d) a party dress
- 28.Which of these is a want? (a) a party dress (b) a roof over your head (c) a warm blanket (d) a school uniform
- 29.🔍 Which is the odd one out? (a) school shoes (b) sweets every day (c) drinking water (d) soap
- 30.Which of these is a need? (a) a video game (b) school shoes (c) designer sunglasses (d) a third pair of shoes
- 31.Which of these is a want? (a) a third pair of shoes (b) rice and dal (c) soap (d) a warm blanket
- 32.🔍 Which is the odd one out? (a) school shoes (b) a glitter pen set (c) medicine when ill (d) soap
- 33.🔍 Which is the odd one out? (a) drinking water (b) soap (c) a warm blanket (d) a video game
- 34.🎯 A want can still be a good business when… (a) nobody likes it (b) it breaks the rules (c) many people want it (d) it is not safe
- 35.🛒 Need or want: medicine when ill? (a) a want (b) a need
- 36.🛒 Need or want: designer sunglasses? (a) a need (b) a want
- 37.🛒 Need or want: a video game? (a) a need (b) a want
- 38.🛒 Need or want: a roof over your head? (a) a want (b) a need
- 39.🔍 Which is the odd one out? (a) medicine when ill (b) a third pair of shoes (c) a roof over your head (d) school shoes
- 40.🛒 A family has little money. What should it buy first? (a) the most fun thing (b) the wants (c) the costliest thing (d) the needs
Answer key
- a fancy phone cover
- a toy robot
- a want
- a need
- a need
- False
- a want
- medicine when ill
- school shoes
- a need
- we must have to live
- notebooks for school
- a need
- people always need them
- a roof over your head
- soap
- False
- True
- False
- soap
- a sticker album
- a party dress
- True
- a want
- a toy robot
- hot drinks
- a warm blanket
- a party dress
- sweets every day
- school shoes
- a third pair of shoes
- a glitter pen set
- a video game
- many people want it
- a need
- a want
- a want
- a need
- a third pair of shoes
- the needs
Free entrepreneurship lessons, practice and worksheets at talentjr.in/entrepreneurship-for-kids