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4th Grade Supply and Demand worksheets

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Supply and Demand

Grade 4 Social Studies Worksheet

NameDate

Circle the answer.

  1. A shop had 30 scarves and 30 buyers. Then a delivery brought 20 more scarves. What does the shop have now?

    • a surplus of 50 scarves
    • a shortage of 20 scarves
    • a surplus of 20 scarves
    • just enough scarves

  2. The graph shows buyers and games for sale at two stores. Which store will probably lower its price?

    • North, because it has more games than buyers want.
    • South, because buyers want more games than it has.
    • North, because buyers want more games than it has.
    • South, because it has more games than buyers want.

  3. A shop sells 30 kites each week. Each week, 30 people want kites. Nothing changes. What will probably happen to the kite price?

    • It will probably stay the same.
    • It will go up because every kite sells.
    • It will probably go down.
    • It will probably go up.
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4th Grade Supply and Demand worksheet 1 – printable PDF
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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.

Earlier: Primary and Secondary Sources

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

More 4th grade economics

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