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Grade 4 · Social Studies · Economics

4th Grade Supply and Demand worksheets

6 printable versionsBuilding ConfidenceAbout 3 minutes eachFree · no account

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Supply and Demand

Grade 4 Social Studies Worksheet - Building Confidence

NameDate

Circle the answer.

  1. A store has 10 scooters. 25 buyers each want one. What will probably happen?

    • Some buyers will not get a scooter.
    • The store will have scooters left over.
    • Every buyer will get a scooter.
  2. Look at the graph. What does the toy shop have?

    • a shortage of kites
    • a surplus of kites
    • just enough kites for every buyer
  3. A toy factory makes twice as many yo-yos as before. The number of people who want yo-yos stays the same. What will probably happen to the price?

    • The price will probably go up.
    • The price will probably go down.
    • The price will stay the same.
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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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