Home / Social Studies / Printables / Grade 3 to Grade 5 / Supply and Demand in American History 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.
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Supply and Demand in American History D2.Eco.7.3-5
Name Date
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. Trade was growing and forests supplied cheap timber C. The king paid for every ship 2. In the early 1930s many people had little money. What happened to the prices farmers got for crops?
A. They doubled every year B. They fell, because demand dropped C. They rose, because everyone was rich 3. Why did railroads often lower their prices where two railroad companies served the same town?
A. Competition for customers pushed prices down B. The government made all prices equal C. Trains cost nothing to run there 4. 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 5. 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 6. 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 7. 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 8. 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 LessonPrint · D2.Eco.7.3-5 · Set 5 · free to copy for classroom use
Answer key — Supply and Demand in American History Set 5. Prints on its own sheet.
1. Trade was growing and forests supplied cheap timber 2. They fell, because demand dropped 3. Competition for customers pushed prices down 4. They switched to making war supplies 5. It rose as planters grew more cotton 6. It grew 7. To sell goods to miners and earn a profit 8. Prices rose very high Last reviewed 2026-09-05. Aligned to D2.Eco.7.3-5 of the C3 Framework for Social Studies State Standards.