FREE BOOKS

Author's List




PREV.   NEXT  
|<   20   21   22   23   24   25   26   27   28   29   30   31   32   33   34   35   36   37   38   39   40   41   42   43   44  
45   46   47   48   49   50   51   52   53   54   55   56   57   58   59   60   61   >>  
oss national product, could prevail against the barbarians. Their GNP was negligible; nevertheless they ransacked the mighty Roman Empire. The gross national product is no insurance of survival. It is not a sign of military strength, and indeed, it may not even be sufficient for the economic battle.[25] Thus from the point of view of economic stimulus and continued commercial dynamism, space exploration should be--and is proving to be--a godsend. U.S. EXPENDITURES ON SPACE It is impossible to arrive at accurate figures which might help indicate the extent of this effort in dollars and cents. But we do know that the U.S. Government is presently putting about $3.5 billion annually into the research and development phases. How much more may be going into the purchase of completed space hardware is difficult to say; certainly it is a higher figure still. The National Aeronautics and Space Administration, in presenting its 10-year plan to Congress recently, indicated that this agency alone expects to average between $1.5 and $2 billion a year during the next decade. The amount of effort going into space-related programs on the part of private industry, measured in dollars, again can only be roughly estimated. But it is a sizable figure and is known to be growing. It may amount to half the governmental research and development outlay. These figures add up to a very important segment of the national economy, and the fact that they represent a highly active and progressive segment is particularly heartening to the economic experts of the Nation. THE SPREAD OF ECONOMIC BENEFITS One of the most useful characteristics of the space program is that its needs "spread across the entire industrial spectrum--electronics, metals, fuels, ceramics, machinery, plastics, instruments, textiles, thermals, cryogenics, and a thousand other areas."[26] The benefits from space exploration thus have a way of filtering into almost every area of the American economy, either directly or indirectly. "Perhaps the greatest economic treasure is the advanced technology required for more and more difficult space missions. This new technology is advancing at a meteoric rate. Its benefits are spreading throughout our whole industrial and economic system."[27] A graphic example of the manner in which the technological and economic benefits from the space program can grow may be seen from the development o
PREV.   NEXT  
|<   20   21   22   23   24   25   26   27   28   29   30   31   32   33   34   35   36   37   38   39   40   41   42   43   44  
45   46   47   48   49   50   51   52   53   54   55   56   57   58   59   60   61   >>  



Top keywords:
economic
 

development

 

national

 

benefits

 
exploration
 
figure
 

billion

 
research
 

program

 

dollars


industrial

 

difficult

 
figures
 

effort

 
segment
 
amount
 

product

 

economy

 
technology
 

outlay


spread

 

entire

 

governmental

 
spectrum
 

Nation

 
electronics
 

estimated

 

sizable

 

growing

 

important


progressive

 

active

 
ECONOMIC
 

BENEFITS

 

heartening

 

highly

 
SPREAD
 
experts
 

represent

 

characteristics


meteoric

 

spreading

 

advancing

 

advanced

 
treasure
 

required

 
missions
 

technological

 
manner
 

graphic