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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

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. You would most likely find a command economy in what type of governmentcommunist
2. Would you find entrepreneurs in a communist countryno
3. What is the biggest difference between market and mixed economiesthe government plays a role in a mixed economy
4. What economy type does the United States havemixed
5. If a company spends money to educate its employees, it is investing in whathuman capital
6. If you hunt and gather to survive you most likely have what type of economytraditional
7. Goods a country buys from another country are _____ imports
8. If a country has a low literacy rate what does that meanfew can read or write
9. What is population densitythe 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 countryExport
12. An economy in which the government owns most of the industries and makes most economic decisionsCommand Economy
13. An economy in which the consumers help determine what is to be produced by buying or not buying goods and servicesMarket Economy
14. A goods and services exchange system based on at least two other types of systemsMixed Economy
15. Exchange of goods or services based on customs and traditionTraditional Economy
16. Taxes on goods coming into a countryTariff
17. Goods used in the production of commoditiesCapital Resources/Goods
18. Person who is willing to take a risk to create a business to sell a new technique, idea, or productEntrepreneur
19. An economic or physical limit to what can be traded with a countryTrade Barrier
20. The value of all goods and services produced within a countryGDP
21. To commit money or capital to gain a financial returnInvestment
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 marketContinuum
24. Money invested in a company’s goods (such as: machines, computers, buildings, land ect)Capital Investment

 



Economics : QR Challenge

https://www.classtools.net/QR/decode.php?text=You_would_most_likely_find_a_command_economy_in_what_type_of_government

Question 1 (of 24)

 



Economics : QR Challenge

https://www.classtools.net/QR/decode.php?text=Would_you_find_entrepreneurs_in_a_communist_country

Question 2 (of 24)

 



Economics : QR Challenge

https://www.classtools.net/QR/decode.php?text=What_is_the_biggest_difference_between_market_and_mixed_economies

Question 3 (of 24)

 



Economics : QR Challenge

https://www.classtools.net/QR/decode.php?text=What_economy_type_does_the_United_States_have

Question 4 (of 24)

 



Economics : QR Challenge

https://www.classtools.net/QR/decode.php?text=If_a_company_spends_money_to_educate_its_employees,_it_is_investing_in_what

Question 5 (of 24)

 



Economics : QR Challenge

https://www.classtools.net/QR/decode.php?text=If_you_hunt_and_gather_to_survive_you_most_likely_have_what_type_of_economy

Question 6 (of 24)

 



Economics : QR Challenge

https://www.classtools.net/QR/decode.php?text=Goods_a_country_buys_from_another_country_are______

Question 7 (of 24)

 



Economics : QR Challenge

https://www.classtools.net/QR/decode.php?text=If_a_country_has_a_low_literacy_rate_what_does_that_mean

Question 8 (of 24)

 



Economics : QR Challenge

https://www.classtools.net/QR/decode.php?text=What_is_population_density

Question 9 (of 24)

 



Economics : QR Challenge

https://www.classtools.net/QR/decode.php?text=When_you_are_making_jewelry_in_a_command_economy,_each_person_completed_one_task_to_make_the_finished_product._This_is_known_as

Question 10 (of 24)

 



Economics : QR Challenge

https://www.classtools.net/QR/decode.php?text=A_country’s_products_sold_to_another_country

Question 11 (of 24)

 



Economics : QR Challenge

https://www.classtools.net/QR/decode.php?text=An_economy_in_which_the_government_owns_most_of_the_industries_and_makes_most_economic_decisions

Question 12 (of 24)

 



Economics : QR Challenge

https://www.classtools.net/QR/decode.php?text=An_economy_in_which_the_consumers_help_determine_what_is_to_be_produced_by_buying_or_not_buying_goods_and_services

Question 13 (of 24)

 



Economics : QR Challenge

https://www.classtools.net/QR/decode.php?text=A_goods_and_services_exchange_system_based_on_at_least_two_other_types_of_systems

Question 14 (of 24)

 



Economics : QR Challenge

https://www.classtools.net/QR/decode.php?text=Exchange_of_goods_or_services_based_on_customs_and_tradition

Question 15 (of 24)

 



Economics : QR Challenge

https://www.classtools.net/QR/decode.php?text=Taxes_on_goods_coming_into_a_country

Question 16 (of 24)

 



Economics : QR Challenge

https://www.classtools.net/QR/decode.php?text=Goods_used_in_the_production_of_commodities

Question 17 (of 24)

 



Economics : QR Challenge

https://www.classtools.net/QR/decode.php?text=Person_who_is_willing_to_take_a_risk_to_create_a_business_to_sell_a_new_technique,_idea,_or_product

Question 18 (of 24)

 



Economics : QR Challenge

https://www.classtools.net/QR/decode.php?text=An_economic_or_physical_limit_to_what_can_be_traded_with_a_country

Question 19 (of 24)

 



Economics : QR Challenge

https://www.classtools.net/QR/decode.php?text=The_value_of_all_goods_and_services_produced_within_a_country

Question 20 (of 24)

 



Economics : QR Challenge

https://www.classtools.net/QR/decode.php?text=To_commit_money_or_capital_to_gain_a_financial_return

Question 21 (of 24)

 



Economics : QR Challenge

https://www.classtools.net/QR/decode.php?text=Converting_currency_(money)_from_one_country_into_the_currency_of_another_country_to_pay_for_goods_in_that_country

Question 22 (of 24)

 



Economics : QR Challenge

https://www.classtools.net/QR/decode.php?text=Method_of_categorizing_parts_of_the_economy_based_on_systems_of_command_through_market

Question 23 (of 24)

 



Economics : QR Challenge

https://www.classtools.net/QR/decode.php?text=Money_invested_in_a_company’s_goods_(such_as:_machines,_computers,_buildings,_land_ect)

Question 24 (of 24)