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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 18 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.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
2.New England merchants built many ships in the 1700s. Why was shipbuilding profitable there?
  • A.The king paid for every ship
  • B.Ships were not needed for trade
  • C.Trade was growing and forests supplied cheap timber
3.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 fell, and the whaling industry shrank
  • C.It stayed exactly the same
4.When Henry Ford's assembly line made cars cheaper, what happened to the number of people buying cars?
  • A.It stayed the same
  • B.It fell to zero
  • C.It grew
5.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 stayed the same
  • C.They fell, because there were extra goods
6.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
7.In colonial towns a blacksmith set his own prices and kept his profits. What is this system called?
  • A.A royal monopoly
  • B.Free enterprise
  • C.Rationing
8.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

LessonPrint · D2.Eco.7.3-5 · Set 18 · free to copy for classroom use

Answer key — Supply and Demand in American History

Set 18. Prints on its own sheet.

  1. 1.They switched to making war supplies
  2. 2.Trade was growing and forests supplied cheap timber
  3. 3.It fell, and the whaling industry shrank
  4. 4.It grew
  5. 5.They rose, because goods were scarce
  6. 6.They fell, because demand dropped
  7. 7.Free enterprise
  8. 8.Enslaved people, who were never paid

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