Market Match-Up: Understanding Supply and Demand

Stroll through your local market to see supply and demand in action! In the first part of this worksheet, learners will read five scenarios and decide whether the supply goes up or down as a result. In the second section, students will read five more sentences, this time focusing on whether demand increases or decreases. 

This exercise helps second, third, and fourth graders understand the ways in which supply and demand can be affected. By considering real-world examples of supply and demand, learners can recognize that these economic concepts are part of everyday life and affect decision-making for both consumers and producers.

Continue learning with Supply and Demand at the Ice Cream Shop and Supply and Demand Sort. For a review, try What is Supply and Demand?