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