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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 9 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 railroads often lower their prices where two railroad companies served the same town?
  • A.The government made all prices equal
  • B.Competition for customers pushed prices down
  • C.Trains cost nothing to run there
2.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.Prices rose very high
  • C.They were given away free
3.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
4.In colonial towns a blacksmith set his own prices and kept his profits. What is this system called?
  • A.A royal monopoly
  • B.Free enterprise
  • C.Rationing
5.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
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 rose as planters grew more cotton
  • C.It stayed exactly the same
7.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 stayed the same
  • C.It grew
8.Cotton planters earned large profits in the 1850s. Who did the work that produced those profits?
  • A.Paid factory workers in the North
  • B.Enslaved people, who were never paid
  • C.The planters themselves, alone

LessonPrint · D2.Eco.7.3-5 · Set 9 · free to copy for classroom use

Answer key — Supply and Demand in American History

Set 9. Prints on its own sheet.

  1. 1.Competition for customers pushed prices down
  2. 2.Prices rose very high
  3. 3.They switched to making war supplies
  4. 4.Free enterprise
  5. 5.To sell goods to miners and earn a profit
  6. 6.It rose as planters grew more cotton
  7. 7.It grew
  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.