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Space Economy: Boon For Socio-Economic-Nature Development For Future Mankind

Author: 
Dastagiri, M.B. and Naga Sindhuja PV
Subject Area: 
Life Sciences
Abstract: 

According to scientific theory, demolition of earth is an inevitability. The human mission to Mars is our destiny and the future is human colonization of the economic and ecological sustainable development. This is Exploratory research. Perspectives, Meta analysis, Vision and Economic analysis of research has been done. Data collected from Bryce Space and Technology, OECD, contribution of total global space economy was $366 Billion in 2019. United States, China, Russia, France and Japan allocated the highest budget on space. Revenue contributed to space economy the satellite industry was more than Spaceflight. Space investment provided benefits highly for environmental management, transport and urban planning, and R & D. Broadcasting activities help in social, e development. UNOOSA works to advance planetary defence mechanisms to increase the resilience of Earth to threats such as asteroid impacts. Solar powered satellites provide solution for global warming and easy energy generation using renewable energy in the world. Globally, China, Japan, United States, Germany and India have been generating higher solar energy. Applications of geospatial technology in the precision agriculture can make the crop production safer and reduce their detrimental impacts on nature and make agriculture sustainable. Space tourism activities are being advanced predominantly in North America and Europe, with zero private customers. United States, Europe, India, Russia, China, Korea and Japan have been launchingmany satellites to collect information on weather parameters. NOAA operated Geostationary Operational Environmental Sat observations and polar observations and polar space economy planet development, the global countries, UNOOSA, space agencies, private industries, institutes cooperate, collaborate in all areas and invest for the space develo cosmos. Space science promotes social, NASA, ESA, JAXA, IREA, and UNOOSA. The current study found that Government Space Budgets and Commercial Human solar energy. Asia and Europe contributed the highest -gravity/ parabolic flights, orbital space travel and sub ellites for short range warnings, forecasts and -orbiting satellites for longer-term forecasting -orbiting satellites for longer-term forecasting. The study suggests that as contribution more than spending for the development of socio - from ducational and economic -orbital flights provided to , warnings, forecasts and -economic-nature Philanthropic pment.

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