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Grade 4 · Social Studies · Economics

4th Grade Supply and Demand worksheets

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Supply and Demand

Grade 4 Social Studies Worksheet - Challenge Me

NameDate

Circle the answer.

  1. Look at the graph. How many more pairs of boots do buyers want than the store has?

    • 25 pairs
    • 15 pairs
    • 40 pairs
    • 55 pairs
  2. A store had 40 puzzles and 40 buyers. Then 15 more buyers came. What does the store have now?

    • a shortage of 55 puzzles
    • a shortage of 15 puzzles
    • a surplus of 15 puzzles
    • just enough puzzles
  3. A new company starts making backpacks. Stores get many more backpacks. The number of buyers stays the same. What will probably happen to backpack prices?

    • Prices will probably go down.
    • Prices will stay the same.
    • Prices will probably go up.
    • Prices will go up because there are more backpacks.
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4th Grade Supply and Demand worksheet 1 – printable PDF
Download PDF: 123456

About this worksheet

Supply and demand explain how the amount available and the number of buyers can affect prices and choices in a market asks fourth graders to use civic, geographic, historical, or economic evidence instead of choosing a familiar-sounding word. Students may think prices change for no reason, or they may notice high demand without checking whether supply is also limited or increasing. This worksheet keeps each question tied to a concrete classroom, community, map, source, or market situation so students must decide what the evidence shows. Students identify demand changes, identify supply changes, read shortage and surplus evidence, and predict likely price movement from concrete market situations.

Support versions use close-to-home examples and direct wording. Standard and challenge versions add similar choices that require closer reading of the role, location, source, or tradeoff. Ask your child to underline the clue in the prompt before choosing. If an option is true in general but does not match the exact situation, it is probably a distractor. That habit builds the evidence reading needed for later history and civics work.

What your child will learn

  • Identify demand
  • Identify supply
  • Recognize shortages and surplus
  • Predict price changes

C3 Framework standard: D2.Eco.8.3-5

Worked example

If many people want rain boots after a storm forecast but the store has few pairs, the price may rise because demand is high and supply is limited.

Common mistake

Looking only at what buyers want and ignoring how many items sellers have.

Helpful hint

Compare buyer demand with seller supply before predicting price.

Questions parents ask

What is the most common mistake with supply and demand?

Looking only at what buyers want and ignoring how many items sellers have.

How can I help my child with supply and demand?

Compare buyer demand with seller supply before predicting price.

Are these 4th grade social studies worksheets free to print?

Yes. All 6 printable versions on this page are free to download and print, with no account needed.

Similar: Budgets and Money Decisions

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