Authors:

  • Matthew Weinzierl

Excerpt

Space, the Final Economic Frontier. Matthew Weinzierl, Spring 2018, Paper, "The Soviet Union launched its Sputnik satellite in 1957. A year later, the National Advisory Committee for Aeronautics, a little-known agency that had played a limited role in pursuing basic research in aeronautics since 1915, was transformed into the National Aeronautics and Space Administration. The surge of US government spending on human spaceflight through the Apollo program in the 1960s cemented a public-sector centralized model of the US space sector, putting NASA at its hub for the next 50 years." Link