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