Economics of Space Chapter One
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Questions and Answers

Which of the following is NOT considered a main sector of space applications?

  • Satellite communications
  • Space tourism (correct)
  • Positioning, navigation and timing
  • Space transportation

What enables the different uses or applications of space activities to evolve constantly?

  • Increasing demand for space-based services
  • Space technologies becoming increasingly embedded in systems and services used in routine activities (correct)
  • Decreasing costs of space exploration
  • Increasing complexity of space technologies

Which of the following is considered a 'generic technology' or 'component' that may enable space capabilities?

  • Science (correct)
  • Space transportation
  • Satellite communications
  • Earth observation

What is the relationship between the space economy and the non-space economy according to the text?

<p>The rapid digitalization of the downstream sector poses even greater challenges for the delineation between the space and non-space economies. (A)</p> Signup and view all the answers

What are the three main segments of the space economy?

<p>The text does not mention the three main segments of the space economy (D)</p> Signup and view all the answers

According to the passage, which of the following is NOT considered part of the space economy?

<p>Activities that generate scientific knowledge unrelated to space programs (D)</p> Signup and view all the answers

What does the passage mean when it says the space economy is 'increasingly pervasive'?

<p>All of the above (D)</p> Signup and view all the answers

According to the passage, which of the following is a key recurring question about defining the scope of the space economy?

<p>Both a and b (C)</p> Signup and view all the answers

What does the passage mean by 'space-enabled applications'?

<p>Applications that are enabled by space-derived data or services, such as navigation equipment (B)</p> Signup and view all the answers

According to the passage, which of the following is NOT considered part of the space economy?

<p>The development of new materials for use in space exploration (D)</p> Signup and view all the answers

What is the main purpose of the passage?

<p>To provide an overview of the space economy and its key components (A)</p> Signup and view all the answers

What is the primary factor driving the changes in the landscape of space activities?

<p>Lowered cost of access to space (D)</p> Signup and view all the answers

What is the main role of large space manufacturing incumbents in the changing space economy?

<p>Diversifying into data exploitation and final customer markets (D)</p> Signup and view all the answers

What is the primary driver of the increasing importance of satellite data and signals in the space economy?

<p>Digitalization of the economy (A)</p> Signup and view all the answers

What is the key limitation of the financial estimates of the space economy presented in the table?

<p>They do not account for the value of government-funded space activities (C)</p> Signup and view all the answers

What is the primary reason for the increasing interest in space activities from public and private investors?

<p>The growing demand for space-based services (B)</p> Signup and view all the answers

What is the primary challenge that statisticians and economists must grapple with when it comes to space activities?

<p>Differentiating between space and non-space activities (B)</p> Signup and view all the answers

What is the primary driver behind the growth in government space activities globally?

<p>Pursuit of different objectives by various government actors (D)</p> Signup and view all the answers

What is the primary reason for the increased professionalization of studying the economics of space activities?

<p>Advancements in data collection and analytical capabilities (D)</p> Signup and view all the answers

Which of the following best describes the role of the European Space Agency's (ESA) Space Economy unit?

<p>Improving economic measurement and sharing best practices in socio-economic impact assessment (A)</p> Signup and view all the answers

What is the significance of the fact that "Almost 80 countries have registered a satellite in orbit"?

<p>It indicates the increasing democratization of access to space technology (D)</p> Signup and view all the answers

What is one of the key challenges mentioned regarding the space economy?

<p>Difficulty in accurately measuring and comparing the economic impact across different sectors and countries (B)</p> Signup and view all the answers

Which of the following statements is true based on the information provided?

<p>The need to better track public expenditure in the space economy is increasing in most countries (A)</p> Signup and view all the answers

According to the passage, what is contributing to the availability of novel data on the space economy?

<p>The growing number of industry associations and consulting firms providing market studies (B)</p> Signup and view all the answers

Based on the information provided, what can be inferred about the objectives of government actors engaged in space activities?

<p>They have a diverse range of objectives, including economic growth and societal well-being (D)</p> Signup and view all the answers

Which of the following statements is NOT supported by the information provided in the text?

<p>Government space strategies are primarily focused on military applications and national security (A)</p> Signup and view all the answers

According to the passage, what is one of the challenges associated with the increasing number of market studies on the space economy?

<p>The market studies sometimes provide conflicting information on the space economy (B)</p> Signup and view all the answers

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