The $1.7 Trillion Effect: How GPS Makes Dollars and Sense

GPS IIF-1 satellite

Economic benefits from GPS skyrocketed starting 2010, about the same time these Boeing technicians examined a GPS IIF-1 satellite ahead of its launch.

Credit: Boeing
Much lauded for its technological innovation and military importance, GPS remains just as recognized for its outsize economic effects. From location-based services that consumers use on their smartphones for food orders and package deliveries to planning and fertilizing fields of corn or soy, the...

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