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Supply and Demand
Grade 4 - Social Studies - On Level
Worksheet 1
1Demand for bicycles changes because a new bike trail opens near town. What price effect is likely if supply stays the same?
2Supply of concert tickets changes because the theater adds another show with more seats. What price effect is likely if demand stays the same?
3Which evidence shows a shortage of snow shovels?
4Which evidence shows a surplus of concert tickets?
5Which statement best explains supply and demand for bicycles?
6Demand for strawberries changes because families want strawberries for a festival. What price effect is likely if supply stays the same?
7Supply of bicycles changes because a factory sends more bicycles to local stores. What price effect is likely if demand stays the same?
8Which evidence shows a shortage of bicycles?
9Which evidence shows a surplus of snow shovels?
10Which statement best explains supply and demand for notebooks?
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.