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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 22 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 rose as planters grew more cotton
  • B.It fell to almost nothing
  • C.It stayed exactly the same
2.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
3.When the Union navy blockaded Southern ports in the Civil War, what happened to prices in the South?
  • A.They stayed the same
  • B.They fell, because there were extra goods
  • C.They rose, because goods were scarce
4.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 dig for gold themselves
  • C.To sell goods to miners and earn a profit
5.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 grew
  • C.It fell to zero
6.Why did railroads often lower their prices where two railroad companies served the same town?
  • A.Trains cost nothing to run there
  • B.The government made all prices equal
  • C.Competition for customers pushed prices down
7.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
8.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

LessonPrint · D2.Eco.7.3-5 · Set 22 · free to copy for classroom use

Answer key — Supply and Demand in American History

Set 22. Prints on its own sheet.

  1. 1.It rose as planters grew more cotton
  2. 2.Enslaved people, who were never paid
  3. 3.They rose, because goods were scarce
  4. 4.To sell goods to miners and earn a profit
  5. 5.It grew
  6. 6.Competition for customers pushed prices down
  7. 7.Trade was growing and forests supplied cheap timber
  8. 8.Free enterprise

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