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