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