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QR Challenge: Good as Gold--Understanding Currency

Created using the ClassTools QR Treasure Hunt Generator

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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 was the first form of currency? http://www.minneapolisfed.org/community_education/teacher/history.cfmBartering
2. Why did various cultures begin using coins for trading? http://www.minneapolisfed.org/community_education/teacher/history.cfm2Easier to carry and universal acceptance.2
3. What were the coins most often made of that made them valuable? http://www.minneapolisfed.org/community_education/teacher/history.cfm3 Precious metals such as silver or gold.3
4. What three purposes does money serve? http://www.minneapolisfed.org/community_education/teacher/history.cfm4Medium of exchange, standard value, and store of value.4
5. In what year did the United State Congress invent the new "dollar" currency? http://www.usmint.gov/kids/campCoin/timeline/517855
6. What made the dollar a valuable, stable currency? http://www.ehow.com/about_5201207_history-gold-pricing-dollars.html6It was backed by silver and gold stored by the U.S. government.6
7. In what year was the U.S. Mint created and under what president? http://www.usmint.gov/kids/campCoin/timeline/71792 under George Washington.7
8. In the early 1800s why were Peace Medals made and what were they made of? http://www.usmint.gov/kids/campCoin/timeline/8They were given as signs of peace to Indian chiefs and warriors, made of silver.8
9. When did the U.S. begin backing currency with only gold? http://www.usmint.gov/kids/campCoin/timeline/919009
10. When did the U.S. discontinue backing currency with gold and how is it now guaranteed? http://www.usmint.gov/kids/campCoin/timeline/101971, our good reputation.10
11. What were three effects of discontinuing the use of gold to back American currency? http://www.ehow.com/about_5201207_11Devaluing of U.S. currency, higher and less stable gold prices, inflation.11
12. What is the term for money that is not backed by a physical asset? http://en.wikipedia.org/wiki/History_of_the_United_States_dollar#Use_as_international_reserve_currency12Fiat currency12
13. List two important facts about the standing of the U.S. Dollar internationally. http://en.wikipedia.org/wiki/International_use_of_the_US_dollar13It is the standard for commodities and the world's foremost reserve currency.13
14. What is the second most important world reserve currency? http://en.wikipedia.org/wiki/International_use_of_the_US_dollar14The Euro14
15. Explain how this 2nd reserve currency has affected the U.S. dollar's value? http://en.wikipedia.org/wiki/International_use_of_the_US_dollar15It has devalued it and could be a threat to take over as the world's primary currency.15
16. Find information about the world's current financial situation and give at least 3 factors that have affected the value of the Dollar in the past 15 years. http://en.wikipedia.org/wiki/International_use_of_the_US_dollar16oil prices, global financial crises, countries such as China and Russia diversifying their reserve portfolios into other currencies.16

 


Good as Gold--Understanding Currency: QR Challenge

https://www.classtools.net/QR/decode.php?text=What_was_the_first_form_of_currency?_http://www.minneapolisfed.org/community_education/teacher/history.cfm

Question 1 (of 16)

 


Good as Gold--Understanding Currency: QR Challenge

https://www.classtools.net/QR/decode.php?text=Why_did_various_cultures_begin_using_coins_for_trading?_http://www.minneapolisfed.org/community_education/teacher/history.cfm2

Question 2 (of 16)

 


Good as Gold--Understanding Currency: QR Challenge

https://www.classtools.net/QR/decode.php?text=What_were_the_coins_most_often_made_of_that_made_them_valuable?_http://www.minneapolisfed.org/community_education/teacher/history.cfm3

Question 3 (of 16)

 


Good as Gold--Understanding Currency: QR Challenge

https://www.classtools.net/QR/decode.php?text=What_three_purposes_does_money_serve?_http://www.minneapolisfed.org/community_education/teacher/history.cfm4

Question 4 (of 16)

 


Good as Gold--Understanding Currency: QR Challenge

https://www.classtools.net/QR/decode.php?text=In_what_year_did_the_United_State_Congress_invent_the_new_"dollar"_currency?_http://www.usmint.gov/kids/campCoin/timeline/5

Question 5 (of 16)

 


Good as Gold--Understanding Currency: QR Challenge

https://www.classtools.net/QR/decode.php?text=What_made_the_dollar_a_valuable,_stable_currency?_http://www.ehow.com/about_5201207_history-gold-pricing-dollars.html6

Question 6 (of 16)

 


Good as Gold--Understanding Currency: QR Challenge

https://www.classtools.net/QR/decode.php?text=In_what_year_was_the_U.S._Mint_created_and_under_what_president?_http://www.usmint.gov/kids/campCoin/timeline/7

Question 7 (of 16)

 


Good as Gold--Understanding Currency: QR Challenge

https://www.classtools.net/QR/decode.php?text=In_the_early_1800s_why_were_Peace_Medals_made_and_what_were_they_made_of?_http://www.usmint.gov/kids/campCoin/timeline/8

Question 8 (of 16)

 


Good as Gold--Understanding Currency: QR Challenge

https://www.classtools.net/QR/decode.php?text=When_did_the_U.S._begin_backing_currency_with_only_gold?_http://www.usmint.gov/kids/campCoin/timeline/9

Question 9 (of 16)

 


Good as Gold--Understanding Currency: QR Challenge

https://www.classtools.net/QR/decode.php?text=When_did_the_U.S._discontinue_backing_currency_with_gold_and_how_is_it_now_guaranteed?_http://www.usmint.gov/kids/campCoin/timeline/10

Question 10 (of 16)

 


Good as Gold--Understanding Currency: QR Challenge

https://www.classtools.net/QR/decode.php?text=What_were_three_effects_of_discontinuing_the_use_of_gold_to_back_American_currency?_http://www.ehow.com/about_5201207_11

Question 11 (of 16)

 


Good as Gold--Understanding Currency: QR Challenge

https://www.classtools.net/QR/decode.php?text=What_is_the_term_for_money_that_is_not_backed_by_a_physical_asset?_http://en.wikipedia.org/wiki/History_of_the_United_States_dollarUse_as_international_reserve_currency12

Question 12 (of 16)

 


Good as Gold--Understanding Currency: QR Challenge

https://www.classtools.net/QR/decode.php?text=List_two_important_facts_about_the_standing_of_the_U.S._Dollar_internationally._http://en.wikipedia.org/wiki/International_use_of_the_US_dollar13

Question 13 (of 16)

 


Good as Gold--Understanding Currency: QR Challenge

https://www.classtools.net/QR/decode.php?text=What_is_the_second_most_important_world_reserve_currency?_http://en.wikipedia.org/wiki/International_use_of_the_US_dollar14

Question 14 (of 16)

 


Good as Gold--Understanding Currency: QR Challenge

https://www.classtools.net/QR/decode.php?text=Explain_how_this_2nd_reserve_currency_has_affected_the_U.S._dollar's_value?_http://en.wikipedia.org/wiki/International_use_of_the_US_dollar15

Question 15 (of 16)

 


Good as Gold--Understanding Currency: QR Challenge

https://www.classtools.net/QR/decode.php?text=Find_information_about_the_world's_current_financial_situation_and_give_at_least_3_factors_that_have_affected_the_value_of_the_Dollar_in_the_past_15_years._http://en.wikipedia.org/wiki/International_use_of_the_US_dollar16

Question 16 (of 16)