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Supply and Demand
Grade 4 - Social Studies - Challenge Me
Worksheet 1
1Demand for notebooks changes because school starts and many students need notebooks. What price effect is likely if supply stays the same?
2Supply of rain boots changes because a shipment of extra rain boots arrives. What price effect is likely if demand stays the same?
3Which evidence shows a shortage of concert tickets?
4Which evidence shows a surplus of notebooks?
5Which statement best explains supply and demand for rain boots?
6Demand for snow shovels changes because a blizzard forecast makes many people want snow shovels. What price effect is likely if supply stays the same?
7Supply of strawberries changes because nearby farms harvest a larger strawberry crop. What price effect is likely if demand stays the same?
8Which evidence shows a shortage of snow shovels?
9Which evidence shows a surplus of strawberries?
10Which statement best explains supply and demand for snow shovels?
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
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.
Worksheet 1