Newton's third law explains that when a body moves upward against gravity with constant velocity, the applied force equals its weight, allowing it to maintain that velocity. Initially, a greater upward force is needed to overcome inertia and accelerate the body; once it reaches a constant velocity, the forces balance out, resulting in no net force acting on it. The discussion clarifies that the third law describes action-reaction pairs but does not directly explain why the body continues moving at constant velocity, which is governed by Newton's second law. The key point is that without a net force, an object in motion will remain in motion at a constant velocity. Overall, understanding the interplay between these laws is crucial for grasping vertical motion dynamics in scenarios like a helicopter's ascent.