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The Cold War was a fierce political competition between the USSR and US that threatened the existence of Both America and Russia with Nukes

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What was the significance of Sputnik?

The significance of Sputnik is that when Soviets announced that they got Sputnik in space the Americans feared that they were falling behind in getting new technology and that they were falling behind in the arms race furthering the tension between the two nations

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What agency was created in the US and how was it dedicated to the space journey?

NASA (National Aeronautics and Space Administration).
Kinda explains itself

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How has the space race changed after the Cold War?

The Space Race was a thing to further 3 main things
-Artificial Satellites (A.S)
-Unmanned Space Probes (U.S.P)
-Human Space Flight (H.S.F)

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Who won the space race? How?

In America's history, they say they won because they got to the moon first but in Russia's history they say they won because they got a satellite in space first, got a man in space first and got animals in space first

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What country would be the first to actually reach space and what accomplished for them?

USSR made it to space first and the man who was officially the first man in space was named Yuri Gagarin, this furthered their technology to get to the moon and further planets