Home / Social Studies / Printables / Grade 3 to Grade 5 / When Things Are Scarce When Things Are Scarce is a free printable Grade 3 to Grade 5 social studies worksheet on how scarcity affects production and price, aligned to C3 Framework indicator D2.Eco.3.3-5. It prints 8 questions with an answer key on its own sheet of paper, in 25 versions that each ask different questions, so no two students in the class work from the same page. Print it from the browser or download it as a PDF — no account, no email.
Set 16 of 25 · the same problems every time you open this link.
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Set 1 has all 25 in a single PDF. All 25 sets ask different questions.
When Things Are Scarce D2.Eco.3.3-5
Name Date
Circle the best answer.
1. Why are diamonds expensive while tap water is cheap in most places?
A. Water is harder to find than diamonds B. Diamonds are scarce, while tap water is plentiful C. Diamonds are easy to dig up 2. A shortage of computer chips slows car factories. What happens?
A. More cars are made than ever B. Fewer new cars are made, and their prices go up C. Cars become free 3. Gasoline becomes scarce after a pipeline breaks. What might drivers do?
A. Drive less and share rides B. Drive more than before C. Fill up two cars each 4. What is scarcity?
A. Having more than anyone needs B. Not having enough of something for everyone who wants it C. A kind of tax 5. When water is scarce in summer, what might a city ask people to do?
A. Leave the hoses running B. Fill extra swimming pools C. Water their lawns less often 6. A drought means farmers grow less wheat. What happens to bread prices?
A. Bread becomes free B. They fall C. They rise 7. A factory runs short of workers. What happens to how much it can make?
A. It makes fewer goods B. It makes exactly the same C. It makes more goods 8. A frost ruins half the orange crop. What happens to the price of oranges?
A. It goes down B. It goes up C. It stays the same LessonPrint · D2.Eco.3.3-5 · Set 16 · free to copy for classroom use
Answer key — When Things Are Scarce Set 16. Prints on its own sheet.
1. Diamonds are scarce, while tap water is plentiful 2. Fewer new cars are made, and their prices go up 3. Drive less and share rides 4. Not having enough of something for everyone who wants it 5. Water their lawns less often 6. They rise 7. It makes fewer goods 8. It goes up Last reviewed 2026-09-05. Aligned to D2.Eco.3.3-5 of the C3 Framework for Social Studies State Standards.