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<br />capita income was $1,401.
<br />$3.3 billion total income,
<br />posable income.
<br />
<br />Comparable figures for the State were about
<br />$1,889 per capita income, and $1,643 dis-
<br />
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<br />
<br />56. EDUCATION.- Although there is not always a direct parallel
<br />between,present educational levels and present income within a given
<br />community or area, on the whole there is likely a positive correlation.
<br />The exception is demonstrated in the base study area where per capita
<br />income in 1960 was $1,610 which was 17.3 and 14.0 percent lower than
<br />Colorado and the United States, respectively. Per capita income in
<br />Colorado was $1,889 and in the United States it was $1,836. In 1960
<br />the percentage of the population in the base study area having achieved
<br />a high school or college education was higher than that for the United
<br />States as a whole. The State on the other hand had a higher percentage
<br />of high school and college students than the base study area or the
<br />United States.
<br />
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<br />
<br />57. Differences are caused by the interaction of factors such as
<br />income, administrative decisions, local customs, educational levels of
<br />previous years, divergent educational and employment opportunities,
<br />differences in local and regional educational philosophies, and var-
<br />iations in the degree of urbanization between different areas. Some
<br />areas might have higher educational levels than others and yet have
<br />lower per capita income at a particular time as in the case of the
<br />base study area. This can happen because of factors such as temporary
<br />employment maladjustments, very low per capita incomes in some parts
<br />of the area, time lapses between the gaining of an education and the
<br />earning of higher incomes, a disadvantageous urban-rural mi~, an in-
<br />ferior resource base, or a slower rate of technological advancement.
<br />It would appear that in spite of the lower per capita incomes being
<br />experienced in, the base study area, there is a highly educated labor
<br />force relative to the United States which will make possible in the
<br />future the development of higher income industries that require a
<br />skilled labor force.
<br />
<br />58. MINERAL PRODUCTION.- Mineral production and reserves are of
<br />tremendous importance to Colorado at the present time and will likely
<br />become even more important in the future. According to the'U.S. Bureau
<br />of Mines, for example, Colorado contains 100 percent of the Nation's
<br />tin resources, 81 percent of the vanadium, 72.7 percent of the molybdenum,
<br />59.7 percent of the beryllium, 18.4 percent of the tungsten, 14.4 percent
<br />of the uranium ore, and 10.7 percent of the pyrite. The State also con-'
<br />tains large amounts of oil shale, recoverable coal, lead, silver, zinc,
<br />gold, natural gas, petroleum, gem stones, and iron ore. Other mineral
<br />resources are also important to the present and future economy of the
<br />State. Colorado ranked 17th among the states in mineral production in
<br />1961 with production valued at $343.3 million.
<br />
<br />59. Production of minerals and mineral products in the study area
<br />constitute a significant segment of mineral production in the State.
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