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