A review of the economic implications of the National Academy of Engineering 1974 study of the potential application of space systems
User benefits resulting from the application of space systems to previously described application areas were identified, and methods to assign priorities to application areas and to quantify the benefits were described. The following areas were selected for in-depth review: communications, materials processing in space, weather and climate, and institutional arrangements for space applications. Recommendations concerning studies that should be undertaken to develop a more precise understanding of the source and magnitude of the realizable economic benefits were also presented.