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