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QR Challenge: Economic Systems

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

3. Print out the QR codes.

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


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!


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.


Questions / Answers (teacher reference)

Question

Answer

1. What is a system in which economic decisions are based on customs and beliefs that have been handed down from generation to generation called?Traditional economy
2. What is a system in which the government controls the factors of production and makes all decisions about their use called?2Command Economy2
3. What is an economic system in which individuals and businesses are allowed to compete for profit with a minimum of government interference called?3Free Enterprise3
4. A phrase coined by Adam Smith to describe the process that turns self-directed gain into social and economic benefits for all?4Invisible Hand4
5. Different people doing different jobs that in the end all combine to finish a complicated task or activity also called specialization.5Division of Labor5
6. The total market value of all final goods and services produced within the borders of a nation within a year.6GDP6
7. The resources necessary to produce all goods and services: land, labor, capital, and entrepreneurship.7Factors of Production7
8. A rise in the general level of prices.8Inflation8
9. What type of economy provides a stable,predictable,and continuous life?9Traditional
10. What type of economy provides basic education,health,and other public services available at little or no cost?10Command10
11. What type of economy has little or no government interference?11Market11
12. What type of economy is practiced by the African MButi?12Traditional12
13. What type of economy does not produce enough public goods such as defense, education, or health care?13Market
14. What type of a economy does a poor job of meeting the wants and needs of the consumer?14Command14
15. What is Mr. McDowell's favorite movie?(Hint: It stars Marlon Brando)15The Godfather15

 



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