The bulk of the report was an outline of the steps taken to accomplish stated project tasks. These tasks included: (1) identifying the dimensions of value, which involved reviewing the literature and formulating a model based on Maslow's hierarchy of needs; (2) constructing the item pool, all of which were to be pictorial; (3) developing a test format; (4) developing instructions; (5) pretesting items; (6) scheduling the final testing; and (7) preparing the test in final form. Two major problems were encountered to date: (1) a lack of cooperation of Indian subjects in time for pretest; and (2) the effect of the essentially unstructured cognitive processes of small children on the validity of the items. Other areas reported on were: (1) significant findings to date; (2) staff utilization; and (3) future planned activities. Materials which have been developed were appended. (TL)