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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 14 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.After the cotton gin made cleaning cotton faster, what happened to Southern planters' demand for land and enslaved labor?
  • A.It fell to almost nothing
  • B.It rose as planters grew more cotton
  • C.It stayed exactly the same
2.Why did railroads often lower their prices where two railroad companies served the same town?
  • A.Competition for customers pushed prices down
  • B.The government made all prices equal
  • C.Trains cost nothing to run there
3.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 fell, because demand dropped
  • C.They rose, because everyone was rich
4.New England merchants built many ships in the 1700s. Why was shipbuilding profitable there?
  • A.Trade was growing and forests supplied cheap timber
  • B.Ships were not needed for trade
  • C.The king paid for every ship
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.In colonial towns a blacksmith set his own prices and kept his profits. What is this system called?
  • A.A royal monopoly
  • B.Rationing
  • C.Free enterprise
7.Cotton planters earned large profits in the 1850s. Who did the work that produced those profits?
  • A.The planters themselves, alone
  • B.Enslaved people, who were never paid
  • C.Paid factory workers in the North
8.When Henry Ford's assembly line made cars cheaper, what happened to the number of people buying cars?
  • A.It grew
  • B.It stayed the same
  • C.It fell to zero

LessonPrint · D2.Eco.7.3-5 · Set 14 · free to copy for classroom use

Answer key — Supply and Demand in American History

Set 14. Prints on its own sheet.

  1. 1.It rose as planters grew more cotton
  2. 2.Competition for customers pushed prices down
  3. 3.They fell, because demand dropped
  4. 4.Trade was growing and forests supplied cheap timber
  5. 5.Prices rose very high
  6. 6.Free enterprise
  7. 7.Enslaved people, who were never paid
  8. 8.It grew

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