Aerial maps are images taken by airplanes, stitched together and then
orthorectified. That's where the stereo pairs come in - to provide the Digital Elevation Model (DEM) to rectify photo distortions due to differences in elevation across the aerial image area.
Satellite images can provide aerial mapping but there are a lot of limitations that lower level airplanes don't encounter. The most familiar obstacle to good satellite imagery is the lower resolution. Other obstacles are atmospheric disturbance and angle distortion.
Aerial photography goes back all the way to the first cameras being carried on hot air balloons. I can't name an exact date off the top of my head but it was probably 1850 or slightly before.