Identifying Changes to Supply and Demand

Market forces frequently cause changes in how much of a good is available and how much people want to buy. Learn more about these changes in supply and demand with this economics worksheet! Students can first read through an introduction that explains potential reasons for the rise and fall of supply and demand of a good. Then, they will evaluate six stories and determine what will happen to the supply or demand of the goods in each scenario. 

This worksheet is a great way to introduce fourth and fifth graders to basic forces in the economy and how those forces can affect the availability of goods. This knowledge is necessary for students as they learn more about the economy, including how changes in supply and demand can affect the price of goods. 

For more resources about supply and demand in the economy, check out the How Does Supply Affect Prices? and How Does Demand Affect Prices? worksheets.