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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 24 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.Why did merchants such as Levi Strauss open stores in San Francisco during the Gold Rush?
  • A.To dig for gold themselves
  • B.Because the government ordered them to
  • C.To sell goods to miners and earn a profit
2.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 made more cars than ever
  • C.They closed for the whole war
3.Why did railroads often lower their prices where two railroad companies served the same town?
  • A.Competition for customers pushed prices down
  • B.Trains cost nothing to run there
  • C.The government made all prices equal
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.The king paid for every ship
  • C.Ships were not needed for trade
5.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
6.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 stayed exactly the same
  • C.It rose as planters grew more cotton
7.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
8.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

LessonPrint · D2.Eco.7.3-5 · Set 24 · free to copy for classroom use

Answer key — Supply and Demand in American History

Set 24. Prints on its own sheet.

  1. 1.To sell goods to miners and earn a profit
  2. 2.They switched to making war supplies
  3. 3.Competition for customers pushed prices down
  4. 4.Trade was growing and forests supplied cheap timber
  5. 5.It fell, and the whaling industry shrank
  6. 6.It rose as planters grew more cotton
  7. 7.They rose, because goods were scarce
  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.