[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"doc-seo-321775-105":3,"detail-sidebar-cat-0-en-105":81,"doc-detail-321775-en":130},{"code":4,"msg":5,"data":6},0,"ok",{"site_id":7,"language":8,"slug":9,"title":10,"keywords":11,"description":12,"schema_data":13,"social_meta":74,"head_meta":76,"extra_data":78,"updated_unix":80},105,"en","students-economic-views","STUDENTS' ECONOMIC VIEWS","","Opinion Research Corporation survey of Princeton, NJ finds that most American high school seniors believe competition has largely vanished from the free-enterprise economic scene. The study reports widespread skepticism toward the profit system and toward corporate profit reductions as a labor incentive, while automation gains are believed to flow mainly to owners. Parent backgrounds and comparable conservative views among teachers and U.S. Chamber of Commerce employees are identified as contributing sources of student attitudes.",{"@graph":14,"@context":73},[15,34,56],{"@type":16,"itemListElement":17},"BreadcrumbList",[18,23,27,31],{"item":19,"name":20,"@type":21,"position":22},"https://docshare.wps.com","Home","ListItem",1,{"item":24,"name":25,"@type":21,"position":26},"https://docshare.wps.com/document/","Document",2,{"item":28,"name":29,"@type":21,"position":30},"https://docshare.wps.com/document/exam/","Exam",3,{"item":32,"name":10,"@type":21,"position":33},"https://docshare.wps.com/document/students-economic-views/321775/",4,{"url":32,"name":10,"@type":35,"image":36,"author":41,"headline":10,"publisher":44,"fileFormat":47,"inLanguage":8,"description":12,"dateModified":48,"datePublished":49,"encodingFormat":47,"isAccessibleForFree":50,"interactionStatistic":51},"DigitalDocument",{"url":37,"@type":38,"width":39,"height":40},"https://docshare.wps.com/thumbnails/students-economic-views/321775.png","ImageObject",300,407,{"name":42,"@type":43},"Violet","Person",{"url":19,"name":45,"@type":46},"DocShare","Organization","application/pdf","2026-11-05","2026-09-21",true,{"@type":52,"interactionType":53,"userInteractionCount":55},"InteractionCounter",{"@type":54},"ViewAction",6,{"@type":57,"mainEntity":58},"FAQPage",[59,65,69],{"name":60,"@type":61,"acceptedAnswer":62},"What did most high school seniors think about competition in the American economy?","Question",{"text":63,"@type":64},"More than four out of five seniors believed competition had nearly vanished from the American economic scene.","Answer",{"name":66,"@type":61,"acceptedAnswer":67},"Which belief did many students share about profit and free enterprise?",{"text":68,"@type":64},"Many students believed the profit system is not necessary for survival of free enterprise.",{"name":70,"@type":61,"acceptedAnswer":71},"How did the study describe where automation gains go?",{"text":72,"@type":64},"Most students believed that gains made possible through automation go to owners rather than employees.","https://schema.org",{"og:url":32,"og:type":75,"og:title":10,"og:site_name":45,"og:description":12},"article",{"robots":77,"canonical":32},"index,follow",{"doc_id":79,"site_id":7},321775,1792240257,{"code":4,"msg":82,"data":83},"success",[84,88,92,95,100,104,109,114,119,122,126],{"id":22,"doc_module":4,"doc_module_name":25,"category_name":85,"show_sort_weight":86,"slug":87},"Story & Novel",90,"story-novel",{"id":26,"doc_module":4,"doc_module_name":25,"category_name":89,"show_sort_weight":90,"slug":91},"Literature",80,"literature",{"id":33,"doc_module":4,"doc_module_name":25,"category_name":29,"show_sort_weight":93,"slug":94},70,"exam",{"id":96,"doc_module":4,"doc_module_name":25,"category_name":97,"show_sort_weight":98,"slug":99},5,"Comic",60,"comic",{"id":55,"doc_module":4,"doc_module_name":25,"category_name":101,"show_sort_weight":102,"slug":103},"Technology",50,"technology",{"id":105,"doc_module":4,"doc_module_name":25,"category_name":106,"show_sort_weight":107,"slug":108},7,"Healthcare",40,"healthcare",{"id":110,"doc_module":4,"doc_module_name":25,"category_name":111,"show_sort_weight":112,"slug":113},8,"Research & Report",30,"research-report",{"id":115,"doc_module":4,"doc_module_name":25,"category_name":116,"show_sort_weight":117,"slug":118},9,"Religion & Spirituality",20,"religion-spirituality",{"id":117,"doc_module":4,"doc_module_name":25,"category_name":120,"show_sort_weight":117,"slug":121},"World Cup","world-cup",{"id":123,"doc_module":4,"doc_module_name":25,"category_name":124,"show_sort_weight":123,"slug":125},10,"Lifestyle","lifestyle",{"id":127,"doc_module":4,"doc_module_name":25,"category_name":128,"show_sort_weight":96,"slug":129},19,"General","general",{"code":4,"msg":82,"data":131},{"doc_id":79,"user_id":132,"nickname":42,"user_avatar":133,"doc_module":4,"category_id":33,"category_name":29,"doc_title":10,"doc_description":12,"doc_content":134,"file_id":135,"file_url":136,"file_type":137,"file_size":138,"view_count":55,"is_deleted":4,"is_public":22,"is_downloadable":22,"audit_status":22,"page_count":33,"language":139,"language_code":8,"site_id":7,"html_lang":8,"table_of_contents":140,"faqs":141,"seo_title":142,"seo_description":12,"update_tm":143,"read_time":123,"preview_page_count":4},4398048950312,"https://ap-avatar.wpscdn.com/avatar/400002538284de19e3c?_k=1778320343897328908","# STUDENTS'ECONOMIC VIEWS\n\nBetter than four out of every five high school seniors believe thatcompetition-one of the basic ingredients of free enterprise-has allbut vanished from the American economic scene.This concludedfrom recent study conducted by Opinion Research Corporation ofPrinceton,N.J.,in which 82%of students expressed such views.  \nOther questions revealed that:61%of students believe that profit systemis not necessary for survival of free enterprise;56%believe that theway for labor to get more is not to work harder but to reduce corpora-tion profits;76%believe that most gains made possible through auto-mation go to owners and not to employees.  \nTwo factors point to the parents-not teachers-as source of attitudessuch as those expressed in the ORC study:(1)Earlier ORC researchindicated that teachers as a body are only slightly less conservative,in economic viewpoint,than businessmen themselves.(2)Similarsurveys among rank and file employees(conducted by groups suchas the U.S.Chamber of Commerce)show attitudes toward free enter-prise almost identical with those of students surveyed by ORC.  \n# UNEMPLOYMENT DECREASE\n\nAt 5.5%of labor force in August,seasonally adjusted rate of unemploy-ment had dropped from 5.6%in July and was at the low point so farthis year.August figures reflect some improvement in job situationfor teenagers-their rate dropped to 14%in August after remainingclose to 16%since early spring.For adult men,unemployment ratewas at 4.1%,a little below rates recorded earlier in the year.Joblessrate for adult women at 5.7%in August was slightly above level ofrecent months.  \n# CONSUMER BALANCE SHEET\n\nAsset and debt position of American consumer as of June 30,1963showed 21.3 to 1 asset-to-debt ratio of all assets and debts excludingthose involving homeownership where ratio was 2.7 to 1.Ratio of allassets to debts was 7.9 to 1.Owner's equity stood at 87.3%of consumerassets on June 30,1963.  \nCurrent assets were $1,146 billion with $215 billion in currency anddemand deposits,$92 billion in savings shares,$255 billion in insur-ance and pensions,$102 billion in government securities and $482billion in corporate and other securities.NCFA's estimate of the value  \nOCTOBER 1963  \n# PER CENT OF THE CIVILIANLABOR FORCE UNEMPLOYED\n\nof investment company and other preferred and common shares ownedby consumers at end June reflects a 12%rise in stock prices during firsthalf 1963 as well as net sales by consumers of $1.2 billion as reportedby the Securities and Exchange Commission.  \nFixed assets included $446 billion in home ownership and $235 billionas value of durable goods for a total of $681 billion.(Value of con-sumer held durable goods is total consumer durable purchases July1953 through June 1963 depreciated 10%annually.)Total consumerassets as of June 30,1963 were at $1,827 billion.Current liabilitiesstood at $65 billion and fixed liabilities of mortgage debt at $167billion to bring total liabilities to $232 billion.  \nNet worth of American consumer-total assets minus liabilities-was  \n$1,595 billion at end June 1963.  \n# BUSINESS ACTIVITY\n\nSome hesitaney in business uptrend was reflected in August figures.Industrial production declined slightly for the first decline in outputin eight months.Construction activity and nonfarm employment re-mained at record levels.Retail sales in July and August averaged$5 billion above the rate for the first half of 1963 and surveys revealeda high proportion of consumers planning to buy new and used autos,furniture,major appliances and houses.  \nIndex of industrial production in August was at 125.6%of the 1957-59average,about a point below the record reached in July.DuringAugust production of iron and steel continued the drop which startedin June due to a workdown in stocks that had been built up in antici-pation of a steel strike.However,by mid-September the outlook forsteel production had improved considerably.Auto assemblies in Au-gust were down from July but production schedule","cbCaihCqmIUtUPvO","https://ap.wps.com/l/cbCaihCqmIUtUPvO","pdf",1391819,"English","# Students' Economic Views\n# Unemployment Decrease\n# Consumer Balance Sheet\n# Business Activity\n# National Income Up\n# Personal Income","[{\"question\":\"What did most high school seniors think about competition in the American economy?\",\"answer\":\"More than four out of five seniors believed competition had nearly vanished from the American economic scene.\"},{\"question\":\"Which belief did many students share about profit and free enterprise?\",\"answer\":\"Many students believed the profit system is not necessary for survival of free enterprise.\"},{\"question\":\"How did the study describe where automation gains go?\",\"answer\":\"Most students believed that gains made possible through automation go to owners rather than employees.\"}]","STUDENTS' ECONOMIC VIEWS | PDF",1789960214]