QR Challenge: Economics

Created using the ClassTools QR Treasure Hunt Generator

Teacher Notes

A. Prior to the lesson:

1. Arrange students into groups. Each group needs at least ONE person who has a mobile device.

2. If their phone camera doesn't automatically detect and decode QR codes, ask students to

• Download a QR reader (e.g. I-Nigma | NeoReader | Kaywa) onto their mobile devices
• Bring these devices into the lesson.

3. Print out the QR codes.

4. Cut them out and place them around your class / school.

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B. The lesson:

1. Give each group a clipboard and a piece of paper so they can write down the decoded questions and their answers to them.

2. Explain to the students that the codes are hidden around the school. Each team will get ONE point for each question they correctly decode and copy down onto their sheet, and a further TWO points if they can then provide the correct answer and write this down underneath the question.

3. Away they go! The winner is the first team to return with the most correct answers in the time available. This could be within a lesson, or during a lunchbreak, or even over several days!

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C. TIPS / OTHER IDEAS

4. A detailed case study in how to set up a successful QR Scavenger Hunt using this tool can be found here.

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Questions / Answers (teacher reference)

Question	Answer
1. You would most likely find a command economy in what type of government	communist
2. Would you find entrepreneurs in a communist country	no
3. What is the biggest difference between market and mixed economies	the government plays a role in a mixed economy
4. What economy type does the United States have	mixed
5. If a company spends money to educate its employees, it is investing in what	human capital
6. If you hunt and gather to survive you most likely have what type of economy	traditional
7. Goods a country buys from another country are _____	imports
8. If a country has a low literacy rate what does that mean	few can read or write
9. What is population density	the amount of people who live in a certain area
10. When you are making jewelry in a command economy, each person completed one task to make the finished product. This is known as	specialization
11. A country’s products sold to another country	Export
12. An economy in which the government owns most of the industries and makes most economic decisions	Command Economy
13. An economy in which the consumers help determine what is to be produced by buying or not buying goods and services	Market Economy
14. A goods and services exchange system based on at least two other types of systems	Mixed Economy
15. Exchange of goods or services based on customs and tradition	Traditional Economy
16. Taxes on goods coming into a country	Tariff
17. Goods used in the production of commodities	Capital Resources/Goods
18. Person who is willing to take a risk to create a business to sell a new technique, idea, or product	Entrepreneur
19. An economic or physical limit to what can be traded with a country	Trade Barrier
20. The value of all goods and services produced within a country	GDP
21. To commit money or capital to gain a financial return	Investment
22. Converting currency (money) from one country into the currency of another country to pay for goods in that country	Currency Exchange
23. Method of categorizing parts of the economy based on systems of command through market	Continuum
24. Money invested in a company’s goods (such as: machines, computers, buildings, land ect)	Capital Investment

 

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