Settling the Moon will be very vital as we progress out into space. Not only will we settle there, we will have to build up an industrial society and establish a scientific base, to explore the Moon and the surrounding space environment.
As we settle on the Moon, we will have to have a strong lunar economy, for the Moon has to pay for itself, and it will. There are many valuable minerals on the Moon to mine, lunar regolith containing these minerals along with providing radiation shielding for habitats and O'Neill space colonies, along with simply growing crops for food.
There is also plenty of water on the Moon, so that will not be a problem.
The Moon can become a powerful export economy, providing resources, and manufactured goods for space stations, habitats, and manufacturing plants.
It will also provide badly needed resources for Earth.
Yes, the Moon will first be settled slowly, and it will become a multi-trillion dollar economy.
Above illustration courtesy of Adobe Stock Images. Used by permission.
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