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