The origin of the multi-band activities (outbursts/flares) of blazars is still a heavily debated topic. Shock and magnetic reconnection have long been considered as possible triggers for the multi-band activities. In this paper, we present an exploration of the origin of multi-band activities for a high-redshift (z =1.8385) FSRQ PKS 1502+106. Utilizing multi-band data from radio to γ-ray and optical polarization observations, we investigate two dramatic activities in detail: a γ-ray dominated outburst in 2015 and an optical dominated outburst in 2017. Our main results are as follows. (I) A fast γ-ray flare with a flux-doubling time-scale as short as 1-hr in 2015 is discovered. Based on the variability time-scale, the physical parameters of the flaring region (e.g, minimum Doppler factor, emission region size, etc.) are constrained. At the peak of the flare, the γ-ray spectrum hardens to Γ γ = 1.82 ± 0.04 and exhibits an obvious curvature/break characteristic that is caused by the typical "cooling break". Modelings of multi-band SEDs reveal a very hard electronic energy spectrum with the electronic spectral index of 1.07 ± 0.53. This result suggests that this fast γ-ray flare may be triggered by magnetic reconnection. (II) During the outburst in 2017, the optical polarization degree and optical fluxes show a very tight correlation. By analyzing Stokes parameters of polarization observations, our results show that this outburst could be triggered by a transverse shock with a compression ratio of η > 2.2, and the magnetic field intensity of the shock emission region is about 0.032 G.