|
Comsats all started during the
Cold War Era in 1958 when the US Army started Project Score.
America thought that Russia was our ally, but when they didn’t want
to leave Eastern Europe
so we began to use Comsats as a tool to spy on them because we feared
that they would
destroy our way of life (capitalism). The space race was another important
cause. When
Russia became the USSR they had also put a satellite into space a year
before us
and America wanted to be the number one in the field.
Forty-seven years later in
2005 Comsats are now a major part of the US and world economies. In
the year 2003 1.7 trillion dollars were spent on Comsats in worldwide
business activity
creating about 80 billion dollars in revenues for telecommunication
companies. Communication
Satellites have put importance and value in information services. In
forty-seven years
Comsats have liberated telecommunications from the need of a wire to
connect a sender to a
receiver, reduced the cost of a long distance phone call from
ten dollars a minute to one dollar
a minute which includes inflation, and has educated us on Aerospace.
Comsats have impacted us in a positive
way and what Comsats have done of us can not
be expressed completely. Communication Satellites has lowered price
fluctuations which has
made our economy more stable. This is one of a few resources that can
provide universal
connectivity for both rural and urban markets for the same price. Comsats
is a real
keystone it represents one of the most significant applications of space
technology. Today
America’s economy is based information and Communications Satellites
has given us tools
like the Information Highway which has prepared my generation for the
challenge of today’s
rapidly growing global economy.
|
|
