It allowed many business' to expand without interruption from the Government.
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The challenge presented by Kennedy was to overcome Soviet science. Young people accepted and engaged in this challenge, as technology was gaining investment and the era was in full development, which would ensure not only an improvement in US military deployment, but also for civilian sectors.
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The competition for colonies was actually driven by a economic policy
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Trade route from Europe to China had always been a land route before the discovery of sea route in 15th century.