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I think we would be. There are so many advantages provided by the space-based infrastructures in telecommunications, navigation and earth observation that there would be a business for it eventually. But the priorities of agencies would be much different.

I think the cold war pushed the space industry forward, making technological leaps that otherwise would have happened at a much slower pace. I agree with fredrikaa, business based side would still have happened, telecommunications etc. However exploration of other planets and the moon may have not happened.

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