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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 17 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 1849 thousands of miners crowded into California camps with few stores. What happened to the price of flour and shovels?
  • A.They were given away free
  • B.Prices fell to almost nothing
  • C.Prices rose very high
2.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
3.Cotton planters earned large profits in the 1850s. Who did the work that produced those profits?
  • A.Enslaved people, who were never paid
  • B.Paid factory workers in the North
  • C.The planters themselves, alone
4.Why did merchants such as Levi Strauss open stores in San Francisco during the Gold Rush?
  • A.To sell goods to miners and earn a profit
  • B.To dig for gold themselves
  • C.Because the government ordered them to
5.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
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 switched to making war supplies
  • C.They made more cars than ever
7.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
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 rose, because goods were scarce
  • C.They stayed the same

LessonPrint · D2.Eco.7.3-5 · Set 17 · free to copy for classroom use

Answer key — Supply and Demand in American History

Set 17. Prints on its own sheet.

  1. 1.Prices rose very high
  2. 2.It grew
  3. 3.Enslaved people, who were never paid
  4. 4.To sell goods to miners and earn a profit
  5. 5.Competition for customers pushed prices down
  6. 6.They switched to making war supplies
  7. 7.It fell, and the whaling industry shrank
  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.