\hspace ¶Synopsis, one of:
\hspace{length}
\hspace*{length}
Insert the amount length of horizontal space. The length can
be positive, negative, or zero; adding a negative amount of space is
like backspacing.  It is a rubber length, that is, it may contain a
plus or minus component, or both (see Lengths).
Because the space is stretchable and shrinkable, it is sometimes called
glue.
This makes a line with ‘Name:’ an inch from the right margin.
\noindent\makebox[\linewidth][r]{Name:\hspace{1in}}
The *-form inserts horizontal space that is non-discardable.  More
precisely, when TeX breaks a paragraph into lines any white
space—glues and kerns—that come at a line break are discarded.  The
*-form avoids that (technically, it adds a non-discardable
invisible item in front of the space).
In this example
\parbox{0.8\linewidth}{%
  Fill in each blank: Four \hspace*{1in} and seven years ago our
  fathers brought forth on this continent, a new \hspace*{1in},
  conceived in \hspace*{1in}, and dedicated to the proposition
  that all men are created \hspace*{1in}.}
the 1 inch blank following ‘conceived in’ falls at the start
of a line.  If you erase the * then LaTeX discards the blank.
Here, the \hspace separates the three graphics.
\begin{center}
  \includegraphics{lion.png}%   comment keeps out extra space
  \hspace{1cm minus 0.25cm}\includegraphics{tiger.png}%
  \hspace{1cm minus 0.25cm}\includegraphics{bear.png}
\end{center}
Because the argument to each \hspace has minus 0.25cm,
each can shrink a little if the three figures are too wide.  But each
space won’t shrink more than 0.25cm (see Lengths).