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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.

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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.When the Union navy blockaded Southern ports in the Civil War, what happened to prices in the South?
  • A.They fell, because there were extra goods
  • B.They rose, because goods were scarce
  • C.They stayed the same
2.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
3.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
4.In 1849 thousands of miners crowded into California camps with few stores. What happened to the price of flour and shovels?
  • A.Prices fell to almost nothing
  • B.They were given away free
  • C.Prices rose very high
5.In colonial towns a blacksmith set his own prices and kept his profits. What is this system called?
  • A.Free enterprise
  • B.Rationing
  • C.A royal monopoly
6.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
7.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
8.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

LessonPrint · D2.Eco.7.3-5 · Set 8 · free to copy for classroom use

Answer key — Supply and Demand in American History

Set 8. Prints on its own sheet.

  1. 1.They rose, because goods were scarce
  2. 2.It rose as planters grew more cotton
  3. 3.They fell, because demand dropped
  4. 4.Prices rose very high
  5. 5.Free enterprise
  6. 6.Trade was growing and forests supplied cheap timber
  7. 7.To sell goods to miners and earn a profit
  8. 8.They switched to making war supplies

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