Answer:
It represented the superiority of capitalism.
Step-by-step explanation:
To both the United States and the Soviet Union, victory in the space race would represent the superiority of their economic system and way of life.
The Space Race was considered important because it showed the world which country had the best science, technology, and economic system. After World War II both the United States and the Soviet Union realized how important rocket research would be to the military.
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