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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 12 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.In the early 1930s many people had little money. What happened to the prices farmers got for crops?
  • A.They doubled every year
  • B.They rose, because everyone was rich
  • C.They fell, because demand dropped
2.After kerosene from oil became cheap in the 1860s, what happened to the demand for whale oil?
  • A.It rose, and whaling grew
  • B.It stayed exactly the same
  • C.It fell, and the whaling industry shrank
3.When the Union navy blockaded Southern ports in the Civil War, what happened to prices in the South?
  • A.They rose, because goods were scarce
  • B.They fell, because there were extra goods
  • C.They stayed the same
4.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 stayed the same
  • C.It grew
5.In 1849 thousands of miners crowded into California camps with few stores. What happened to the price of flour and shovels?
  • A.Prices rose very high
  • B.They were given away free
  • C.Prices fell to almost nothing
6.During World War II the demand for tanks and planes soared. How did car factories respond?
  • A.They closed for the whole war
  • B.They made more cars than ever
  • C.They switched to making war supplies
7.Cotton planters earned large profits in the 1850s. Who did the work that produced those profits?
  • A.The planters themselves, alone
  • B.Paid factory workers in the North
  • C.Enslaved people, who were never paid
8.After the cotton gin made cleaning cotton faster, what happened to Southern planters' demand for land and enslaved labor?
  • A.It stayed exactly the same
  • B.It fell to almost nothing
  • C.It rose as planters grew more cotton

LessonPrint · D2.Eco.7.3-5 · Set 12 · free to copy for classroom use

Answer key — Supply and Demand in American History

Set 12. Prints on its own sheet.

  1. 1.They fell, because demand dropped
  2. 2.It fell, and the whaling industry shrank
  3. 3.They rose, because goods were scarce
  4. 4.It grew
  5. 5.Prices rose very high
  6. 6.They switched to making war supplies
  7. 7.Enslaved people, who were never paid
  8. 8.It rose as planters grew more cotton

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