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Sarah Dahlman

Supply and Demand

Grades: 3rd Grade, 2nd Grade, 4th Grade
Subjects: Social Studies

Student Instructions

This lesson will teach about supply and demand. This is how our economy works; by looking at what people want to buy, and then selling it according to how much people want it. Supplies are the goods that people want. Demand is how much people want a product, and demand lets businesses know how much supply to keep on hand. 1) Click on the link and watch the video "Supply and Demand Lesson for Kids" 2) Click on page two for an example of the student response template. If you click on the recording, the page and directions will be read aloud to you. 3) Click on the student response template: Supply and Demand. 4) When Courtney had a high demand for her lemonade, her supply went down. Using Seesaw's pen or pencil tools, draw a picture of Courtney with a lot of customers, but not a lot of lemons. 5) Tap check when you are finished.

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