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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 25 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.New England merchants built many ships in the 1700s. Why was shipbuilding profitable there?
  • A.Ships were not needed for trade
  • B.The king paid for every ship
  • C.Trade was growing and forests supplied cheap timber
2.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
3.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
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.Because the government ordered them to
  • C.To dig for gold themselves
5.Cotton planters earned large profits in the 1850s. Who did the work that produced those profits?
  • A.Enslaved people, who were never paid
  • B.The planters themselves, alone
  • C.Paid factory workers in the North
6.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
7.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
8.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 fell, because there were extra goods
  • C.They stayed the same

LessonPrint · D2.Eco.7.3-5 · Set 25 · free to copy for classroom use

Answer key — Supply and Demand in American History

Set 25. Prints on its own sheet.

  1. 1.Trade was growing and forests supplied cheap timber
  2. 2.They fell, because demand dropped
  3. 3.It fell, and the whaling industry shrank
  4. 4.To sell goods to miners and earn a profit
  5. 5.Enslaved people, who were never paid
  6. 6.It grew
  7. 7.Prices rose very high
  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.