The 1950s and 1960s were decades of economic prosperity in the United States. This prosperity was due in large part to the space race between the United States and the former Soviet Union. Aerospace-related industries employed millions of workers and supported a great number of profitable companies. Many experts believe that space tourism and development of space could result in an economic boom.National Security and Military Defense Benefits
Development of space has become an important issue in terms of national and international security. Satellites are just one aspect of the "Stars Wars" space defense program developed by the United States. During the first Gulf War satellites provided allied forces with information about troop movements, navigation(using GPS technology), imaging, remote sensing and early warning of enemy missile attacks.
Space has fascinated humans and spurred our collective imagination since time began. Space exploration has helped reveal the wonders of the universe as well as given humanity some of its greatest achievements, such as walking on the moon
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