About this worksheet
A lemonade stand on a hot Saturday afternoon is the setting for this 3-page 5th grade economics sheet. Students read the scenario, then name the producer, the consumers, and the goods needed to run the stand. The second part defines supply and demand and lists four events, such as a heatwave and a frost that destroys lemon crops. Students label each one as supply or demand and decide if prices go up or down. It links to C3 Framework indicator D2.Eco.3.3-5. The answer page covers the three questions and every row of the table.
