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Essay / Research Paper Abstract
This 6-page paper focuses on trends and economics of the aerospace industry ,including competition and market structures of the industry. Bibliography lists 5 sources.
Page Count:
6 pages (~225 words per page)
File: D0_MTaeroin.rtf
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Unformatted sample text from the term paper:
station, intent on bringing supplies and a change in crew. Back on the ground, in various bunkers and silos throughout the world, missiles lie in wait, ready to be launched
at a moments notice from the crew that keeps a vigilant watch on it. And among the armed forces of the world, fighter jets and helicopters are also at the
ready for defense. All of this -- and more -- is part of the vast conglomeration known as the aerospace industry. Since
the Wright Brothers proved that a "heavier than air" craft could fly in the dunes at Kill Devil Hills in 1903, companies have tried to beat one another out to
put faster, larger and technologically advanced craft and weapons into the air. How does the aerospace industry work economically? Unlike other industries,
in which market forces tend to be the dominant rule, much of the aerospace industrys customers are governments (who want the best in defense systems for their nations), so judging
on purely economic terms is difficult. In this paper, well provide an industry overview in general, trends, economic and market forces and
a discussion of what is likely to happen to this industry in the future. Though the literature is divided, most experts agree that in terms of this industry, it can
be divide into two parts -- Cold War and post-Cold War. For example, though rockets to the moon spurred the imagination of almost everyone, the U.S.s entry into the moon
race was spurred, not so much out of the wonder of getting men on the moon, but more from the fact (and fear) that the Soviets would get there first.
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