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.🛒 Need or want: a roof over your head? (a) a want (b) a need
- 2.True or false: “a roof over your head” is a want. (a) False (b) True
- 3.True or false: “bus fare to school” is a need. (a) True (b) False
- 4.🛒 Need or want: school shoes? (a) a need (b) a want
- 5.❄️ On a cold winter morning, which stall would most people want? (a) hot drinks (b) paper fans (c) ice lollies (d) water guns
- 6.Which of these is a want? (a) school shoes (b) medicine when ill (c) drinking water (d) a toy robot
- 7.Which of these is a need? (a) a sticker album (b) a third pair of shoes (c) notebooks for school (d) a bigger TV
- 8.🔍 Which is the odd one out? (a) soap (b) a sticker album (c) notebooks for school (d) a roof over your head
- 9.Which of these is a need? (a) a toy robot (b) bus fare to school (c) a glitter pen set (d) a fancy phone cover
- 10.True or false: “school shoes” is a need. (a) True (b) False
- 11.🛒 Need or want: medicine when ill? (a) a need (b) a want
- 12.🛒 Need or want: a video game? (a) a need (b) a want
- 13.Which of these is a need? (a) a bigger TV (b) soap (c) designer sunglasses (d) a toy robot
- 14.🍱 A tiffin service mostly meets which? (a) a need: food (b) a want: games (c) a want: toys (d) nothing at all
- 15.True or false: “medicine when ill” is a want. (a) True (b) False
- 16.🔍 Which is the odd one out? (a) drinking water (b) a video game (c) a toy robot (d) a party dress
- 17.Which of these is a want? (a) notebooks for school (b) a glitter pen set (c) soap (d) school shoes
- 18.🛒 Need or want: a third pair of shoes? (a) a need (b) a want
- 19.True or false: “a party dress” is a need. (a) True (b) False
- 20.☔ In the monsoon, which would sell best at a school gate? (a) woollen sweaters (b) umbrellas and raincoats (c) paper kites (d) ice lollies
- 21.Which of these is a want? (a) a school uniform (b) sweets every day (c) soap (d) notebooks for school
- 22.True or false: “sweets every day” is a want. (a) False (b) True
- 23.True or false: “a sticker album” is a need. (a) False (b) True
- 24.💡 A need is something… (a) made of plastic (b) only rich people buy (c) nice but not needed (d) we must have to live
- 25.True or false: “rice and dal” is a want. (a) False (b) True
- 26.🛒 Need or want: a party dress? (a) a need (b) a want
- 27.🛒 Need or want: a toy robot? (a) a need (b) a want
- 28.Which of these is a need? (a) a fancy phone cover (b) designer sunglasses (c) drinking water (d) a glitter pen set
- 29.🔍 Which is the odd one out? (a) a video game (b) a roof over your head (c) a warm blanket (d) medicine when ill
- 30.🔍 Which is the odd one out? (a) school shoes (b) a warm blanket (c) medicine when ill (d) a fancy phone cover
- 31.Which of these is a need? (a) a party dress (b) a glitter pen set (c) sweets every day (d) a school uniform
- 32.Which of these is a need? (a) a warm blanket (b) a toy robot (c) sweets every day (d) a party dress
- 33.True or false: “designer sunglasses” is a need. (a) True (b) False
- 34.Which of these is a want? (a) school shoes (b) a video game (c) drinking water (d) medicine when ill
- 35.🛒 Need or want: rice and dal? (a) a need (b) a want
- 36.🔍 Which is the odd one out? (a) a bigger TV (b) notebooks for school (c) a fancy phone cover (d) designer sunglasses
- 37.True or false: “a warm blanket” is a need. (a) True (b) False
- 38.True or false: “a toy robot” is a need. (a) False (b) True
- 39.🛒 Need or want: a bigger TV? (a) a want (b) a need
- 40.🛒 Need or want: a sticker album? (a) a want (b) a need
Answer key
- a need
- False
- True
- a need
- hot drinks
- a toy robot
- notebooks for school
- a sticker album
- bus fare to school
- True
- a need
- a want
- soap
- a need: food
- False
- drinking water
- a glitter pen set
- a want
- False
- umbrellas and raincoats
- sweets every day
- True
- False
- we must have to live
- False
- a want
- a want
- drinking water
- a video game
- a fancy phone cover
- a school uniform
- a warm blanket
- False
- a video game
- a need
- notebooks for school
- True
- False
- a want
- a want
Free entrepreneurship lessons, practice and worksheets at talentjr.in/entrepreneurship-for-kids