Humanity is entering the era of space enterprise. Mining asteroids, building off-world industries, and exploiting new resources will transform global wealth. NASA’s ‘Psyche Mission’ is targeting an asteroid containing metals valued in the quadrillions of dollars $10,000,000,000,000,000,000, a discovery that could disrupt entire economies.
In this class we’ll examine who will control these resources, how governments might regulate space economies, and whether private companies should be allowed to own land beyond Earth. We’ll discuss the risks, opportunities, and economic consequences of the emerging space industry.
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By the end of this lesson you will have:
1. Learnt business vocabulary related to space economics and emerging technologies.
2. Examined key predictions about asteroid mining and off-world industries.
3. Analysed how space development could impact national economies and global markets.
4. Discussed the legal and commercial challenges of resource ownership beyond Earth.
5. Practised expressing clear, structured opinions on the future space economy.
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