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 toy robot? (a) a need (b) a want
- 2.True or false: “drinking water” is a need. (a) False (b) True
- 3.True or false: “a toy robot” is a want. (a) False (b) True
- 4.True or false: “a video game” is a need. (a) False (b) True
- 5.Which of these is a need? (a) a fancy phone cover (b) notebooks for school (c) a glitter pen set (d) a bigger TV
- 6.Which of these is a need? (a) designer sunglasses (b) bus fare to school (c) a third pair of shoes (d) a fancy phone cover
- 7.☔ In the monsoon, which would sell best at a school gate? (a) paper kites (b) umbrellas and raincoats (c) woollen sweaters (d) ice lollies
- 8.🔍 Which is the odd one out? (a) rice and dal (b) a fancy phone cover (c) a bigger TV (d) a party dress
- 9.Which of these is a want? (a) a school uniform (b) designer sunglasses (c) school shoes (d) rice and dal
- 10.🔍 Which is the odd one out? (a) a roof over your head (b) a third pair of shoes (c) a warm blanket (d) bus fare to school
- 11.🛒 Need or want: school shoes? (a) a want (b) a need
- 12.🔍 Which is the odd one out? (a) drinking water (b) bus fare to school (c) a party dress (d) a school uniform
- 13.🛒 A family has little money. What should it buy first? (a) the wants (b) the most fun thing (c) the costliest thing (d) the needs
- 14.True or false: “a bigger TV” is a need. (a) False (b) True
- 15.True or false: “medicine when ill” is a need. (a) True (b) False
- 16.🛒 Need or want: notebooks for school? (a) a need (b) a want
- 17.True or false: “medicine when ill” is a want. (a) False (b) True
- 18.🛒 Need or want: soap? (a) a want (b) a need
- 19.🛒 Need or want: a roof over your head? (a) a want (b) a need
- 20.Which of these is a want? (a) a warm blanket (b) drinking water (c) a video game (d) soap
- 21.❄️ On a cold winter morning, which stall would most people want? (a) ice lollies (b) hot drinks (c) paper fans (d) water guns
- 22.🔍 Which is the odd one out? (a) school shoes (b) soap (c) notebooks for school (d) sweets every day
- 23.🛒 Need or want: a video game? (a) a want (b) a need
- 24.True or false: “notebooks for school” is a want. (a) False (b) True
- 25.🔍 Which is the odd one out? (a) a fancy phone cover (b) a sticker album (c) a video game (d) soap
- 26.🔍 Which is the odd one out? (a) a video game (b) rice and dal (c) bus fare to school (d) notebooks for school
- 27.True or false: “a fancy phone cover” is a want. (a) False (b) True
- 28.True or false: “sweets every day” is a want. (a) True (b) False
- 29.🔍 Which is the odd one out? (a) a roof over your head (b) a fancy phone cover (c) notebooks for school (d) drinking water
- 30.True or false: “a school uniform” is a want. (a) True (b) False
- 31.🛒 Need or want: medicine when ill? (a) a want (b) a need
- 32.🛒 Need or want: designer sunglasses? (a) a need (b) a want
- 33.True or false: “a video game” is a want. (a) True (b) False
- 34.🛒 Need or want: drinking water? (a) a want (b) a need
- 35.True or false: “rice and dal” is a want. (a) False (b) True
- 36.🛒 Need or want: a fancy phone cover? (a) a want (b) a need
- 37.True or false: “a roof over your head” is a want. (a) True (b) False
- 38.🔍 Which is the odd one out? (a) a sticker album (b) medicine when ill (c) a party dress (d) a fancy phone cover
- 39.🛒 Need or want: rice and dal? (a) a need (b) a want
- 40.Which of these is a want? (a) a warm blanket (b) a roof over your head (c) notebooks for school (d) a glitter pen set
Answer key
- a want
- True
- True
- False
- notebooks for school
- bus fare to school
- umbrellas and raincoats
- rice and dal
- designer sunglasses
- a third pair of shoes
- a need
- a party dress
- the needs
- False
- True
- a need
- False
- a need
- a need
- a video game
- hot drinks
- sweets every day
- a want
- False
- soap
- a video game
- True
- True
- a fancy phone cover
- False
- a need
- a want
- True
- a need
- False
- a want
- False
- medicine when ill
- a need
- a glitter pen set
Free entrepreneurship lessons, practice and worksheets at talentjr.in/entrepreneurship-for-kids