ELI5: Explain Like I'm 5

Space policy

Space policy is about different rules, laws, and regulations that people in charge of space exploration need to follow. It includes rules about who gets to explore space, how much money is spent on it, and who owns things in space. Space policy also includes rules about how to protect people and things on Earth from space, like how to make sure rockets, satellites, and asteroids don't hit Earth. Space policy is important because it keeps people safe while they explore space.