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Supply and Demand in American History is a free printable Grade 3 to Grade 5 social studies worksheet on supply and demand in American history, aligned to C3 Framework indicator D2.Eco.7.3-5. 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 11 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.

Supply and Demand in American History

D2.Eco.7.3-5

NameDate

Circle the best answer.

1.New England merchants built many ships in the 1700s. Why was shipbuilding profitable there?
  • A.Ships were not needed for trade
  • B.Trade was growing and forests supplied cheap timber
  • C.The king paid for every ship
2.Why did railroads often lower their prices where two railroad companies served the same town?
  • A.The government made all prices equal
  • B.Competition for customers pushed prices down
  • C.Trains cost nothing to run there
3.After kerosene from oil became cheap in the 1860s, what happened to the demand for whale oil?
  • A.It stayed exactly the same
  • B.It fell, and the whaling industry shrank
  • C.It rose, and whaling grew
4.During World War II the demand for tanks and planes soared. How did car factories respond?
  • A.They switched to making war supplies
  • B.They closed for the whole war
  • C.They made more cars than ever
5.In the early 1930s many people had little money. What happened to the prices farmers got for crops?
  • A.They rose, because everyone was rich
  • B.They fell, because demand dropped
  • C.They doubled every year
6.When Henry Ford's assembly line made cars cheaper, what happened to the number of people buying cars?
  • A.It fell to zero
  • B.It grew
  • C.It stayed the same
7.Why did merchants such as Levi Strauss open stores in San Francisco during the Gold Rush?
  • A.Because the government ordered them to
  • B.To sell goods to miners and earn a profit
  • C.To dig for gold themselves
8.When the Union navy blockaded Southern ports in the Civil War, what happened to prices in the South?
  • A.They fell, because there were extra goods
  • B.They stayed the same
  • C.They rose, because goods were scarce

LessonPrint · D2.Eco.7.3-5 · Set 11 · free to copy for classroom use

Answer key — Supply and Demand in American History

Set 11. Prints on its own sheet.

  1. 1.Trade was growing and forests supplied cheap timber
  2. 2.Competition for customers pushed prices down
  3. 3.It fell, and the whaling industry shrank
  4. 4.They switched to making war supplies
  5. 5.They fell, because demand dropped
  6. 6.It grew
  7. 7.To sell goods to miners and earn a profit
  8. 8.They rose, because goods were scarce

Last reviewed 2026-09-05. Aligned to D2.Eco.7.3-5 of the C3 Framework for Social Studies State Standards.