Grade 4 - Social Studies

Grade 4 Supply and Demand Worksheet

6 printable versions - On Level - About 10 minutes each

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Supply and Demand

Grade 4 - Social Studies - On Level

Worksheet 1
  1. Demand for bicycles changes because a new bike trail opens near town. What price effect is likely if supply stays the same?

    A bar graph compares old demand, new demand, and supply.A bar graph with a numbered vertical scale and 3 bars. The bars read old demand 10, new demand 25, supply 11.Market Evidence0481216202428old demandnew demandsupply
  2. Supply of concert tickets changes because the theater adds another show with more seats. What price effect is likely if demand stays the same?

  3. Which evidence shows a shortage of snow shovels?

  4. Which evidence shows a surplus of concert tickets?

  5. Which statement best explains supply and demand for bicycles?

  6. Demand for strawberries changes because families want strawberries for a festival. What price effect is likely if supply stays the same?

    A bar graph compares old demand, new demand, and supply.A bar graph with a numbered vertical scale and 3 bars. The bars read old demand 18, new demand 36, supply 18.Market Evidence061218243036old demandnew demandsupply
  7. Supply of bicycles changes because a factory sends more bicycles to local stores. What price effect is likely if demand stays the same?

  8. Which evidence shows a shortage of bicycles?

  9. Which evidence shows a surplus of snow shovels?

  10. Which statement best explains supply and demand for notebooks?

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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

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.