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Benefits: Space Economics

Space Exploration Day - July 20th - Menu Header
Space Exploration Day - July 20th - Menu Gradient
Space Exploration Day - July 20th - Menu Header

Space Exploration Day - July 20th - Menu Gradient
Space Exploration Day - July 20th - Menu Header

Space Exploration Day - July 20th - Menu Gradient

A strong manned space exploration program will put more strength into the national economy, than the financial resources taken out to support it. Many macroeconomic studies of the past 35 years have proven this fact. Space Progress expands and strengthens the nation's scientific & technological base.

Since the early 1970s NASA has had Biomedical Application Teams at each of the NASA Research Centers, whose purpose is to facilitate the transfer of Space Program technology to the medical industry. This reduced the cost of medical technological research, and development, for the companies. Health care costs, passed on to the patients, would have been higher then they are now without these developments.

Technology Application Teams have promoted the transfer of NASA technology to many industries. Many areas of concern to mankind have benefited from technological advancements in space. Many researchers might have been satisfied with the status quo, if new unexpected ideas hadn't become available from the Space Program. The electronics industry would have been satisfied with their vacuum tubes.