---
title: "Meaning & Key Takeaway of: The American economy has been built and…"
description: "\"The American economy has been built and sustained by risk-taking entrepreneurs whose pioneering ideas and hard work gave birth to flourishing businesse..."
image: "https://sms4smile.com/quotes/i/d85/mike-pence-577_american_the-american-economy-has-been-built-and_1626456.png"
---

#  The American economy has been built and sustained by…

![“The American economy has been built and sustained by risk-taking entrepreneurs whose pioneering ideas and hard work gave birth to flourishing businesses.” quote by Mike Pence](https://sms4smile.com/quotes/i/d85/mike-pence-577_american_the-american-economy-has-been-built-and_1626456.png)   [Download](https://sms4smile.com/quotes/i/d85/mike-pence-577_american_the-american-economy-has-been-built-and_1626456.png) [Open image](https://sms4smile.com/quotes/i/d85/mike-pence-577_american_the-american-economy-has-been-built-and_1626456.png)

> “The American economy has been built and sustained by risk-taking entrepreneurs whose pioneering ideas and hard work gave birth to flourishing businesses.”

[Mike Pence](https://sms4smile.com/quotes/author/mike-pence/)

## About This Quote

This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation.

Entrepreneurial risk‑taking drives economic growth, turning ideas into thriving enterprises that sustain the nation’s prosperity.

**In simple terms:** Risk‑taking entrepreneurs create jobs and wealth.

Key Takeaway

Encourage bold ideas and hard work.

Themes

economy entrepreneurship innovation risk growth

Mood

optimistic pragmatic inspirational

Type

motivational policy economic

When to use this quote

- startup incubators
- investment meetings
- policy debates
- education programs
- community development

Key Concepts

business policy leadership

Questions to Reflect On

- How can society support responsible risk?
- What safeguards protect against reckless ventures?

A Different Perspective

Excessive risk can lead to failure and instability.

★ ★ ★ ★ ★   No ratings yet

[American](https://sms4smile.com/quotes/about/american/) [American economy](https://sms4smile.com/quotes/about/american-economy/) [Been](https://sms4smile.com/quotes/about/been/) [Birth](https://sms4smile.com/quotes/about/birth/) [Built](https://sms4smile.com/quotes/about/built/) [Business](https://sms4smile.com/quotes/about/business/) [Businesses](https://sms4smile.com/quotes/about/businesses/) [Economics](https://sms4smile.com/quotes/about/economics/) [Economy](https://sms4smile.com/quotes/about/economy/) [Economy Built](https://sms4smile.com/quotes/about/economy-built-342244/) [Entrepreneurs](https://sms4smile.com/quotes/about/entrepreneurs/) [Entrepreneurs Pioneering](https://sms4smile.com/quotes/about/entrepreneurs-pioneering-342242/) [Flourishing](https://sms4smile.com/quotes/about/flourishing/) [Flourishing Businesses](https://sms4smile.com/quotes/about/flourishing-businesses-342243/) [Gave](https://sms4smile.com/quotes/about/gave/) [Hard](https://sms4smile.com/quotes/about/hard/) [Hard work](https://sms4smile.com/quotes/about/hard-work/) [Ideas](https://sms4smile.com/quotes/about/ideas/) [Pioneering](https://sms4smile.com/quotes/about/pioneering/) [Risk taking](https://sms4smile.com/quotes/about/risk-taking/) [Sustained](https://sms4smile.com/quotes/about/sustained/) [Whose](https://sms4smile.com/quotes/about/whose/) [Work](https://sms4smile.com/quotes/about/work/)

## Related quotes

> [A lot of the Russian economy is built around people who are one way or another milking the state and taking money from the…](https://sms4smile.com/quotes/anne-applebaum/a-lot-of-the-russian-economy-is-built-around-people-who-are-one-way/)

[Anne Applebaum](https://sms4smile.com/quotes/author/anne-applebaum/)

> [For an economy built to last we must invest in what will fuel us for generations to come. This is our history - from…](https://sms4smile.com/quotes/cory-booker/for-an-economy-built-to-last-we-must-invest-in-what-will-fuel-us-for/)

[Cory Booker](https://sms4smile.com/quotes/author/cory-booker/)

> [“Because poverty is a symptom—of the absence of a workable economy built on credible political, social, and legal institutions.”](https://sms4smile.com/quotes/anonymous/because-poverty-is-a-symptom-of-the-absence-of-a-workable-economy/)

[Anonymous](https://sms4smile.com/quotes/author/anonymous/)

> [The American system is a beautiful and durable thing, but flawed. I would like to think that this decadence is not sustainable, whether in…](https://sms4smile.com/quotes/mark-leibovich/the-american-system-is-a-beautiful-and-durable-thing-but-flawed-i/)

[Mark Leibovich](https://sms4smile.com/quotes/author/mark-leibovich/)

> [Barack Obama knows that to create an economy built to last, we need to focus on middle-class families. Families who stay up on Sunday…](https://sms4smile.com/quotes/anonymous/barack-obama-knows-that-to-create-an-economy-built-to-last-we-need-to/)

[Anonymous](https://sms4smile.com/quotes/author/anonymous/)

> [Our region's economy was built upon their entrepreneurial spirit, and our economy still depends on the continued success of the enterprises they have worked…](https://sms4smile.com/quotes/doc-hastings/our-region-s-economy-was-built-upon-their-entrepreneurial-spirit-and/)

[Doc Hastings](https://sms4smile.com/quotes/author/doc-hastings/)

> [Haiti's economy cannot be built by and benefit just a privileged few. It must be built by and benefit all Haitians.](https://sms4smile.com/quotes/jim-yong-kim/haiti-s-economy-cannot-be-built-by-and-benefit-just-a-privileged-few/)

[Jim Yong Kim](https://sms4smile.com/quotes/author/jim-yong-kim/)

> [One big theme for me is that we have got to move from an economy built on debt to one where we save and…](https://sms4smile.com/quotes/george-osborne/one-big-theme-for-me-is-that-we-have-got-to-move-from-an-economy/)

[George Osborne](https://sms4smile.com/quotes/author/george-osborne/)

> [Trump's vision for America parallels greatly with the vision that Ronald Reagan used and he implemented to revive the country during a very similar…](https://sms4smile.com/quotes/mike-pence/trump-s-vision-for-america-parallels-greatly-with-the-vision-that/)

[Mike Pence](https://sms4smile.com/quotes/author/mike-pence/)

> [The American people want to see our nation standing tall on the world stage again. They want to see us supporting our military, rebuilding…](https://sms4smile.com/quotes/mike-pence/the-american-people-want-to-see-our-nation-standing-tall-on-the-world/)

[Mike Pence](https://sms4smile.com/quotes/author/mike-pence/)

> [My Christian faith has sustained me.](https://sms4smile.com/quotes/b-j-thomas/my-christian-faith-has-sustained-me/)

[B. J. Thomas](https://sms4smile.com/quotes/author/b-j-thomas/)

> [By persistent and sustained practice, anyone and everyone can make the yoga journey and reach the goal of illumination and freedom.](https://sms4smile.com/quotes/b-k-s-iyengar/by-persistent-and-sustained-practice-anyone-and-everyone-can-make-the/)

[B.K.S. Iyengar](https://sms4smile.com/quotes/author/b-k-s-iyengar/)

> [No problem can withstand the assault of sustained thinking.](https://sms4smile.com/quotes/voltaire/no-problem-can-withstand-the-assault-of-sustained-thinking/)

[Voltaire](https://sms4smile.com/quotes/author/voltaire/)

> [The interval allowed was only five minutes, at the end of which I resumed the lecture; but so refreshing was the effects of the…](https://sms4smile.com/quotes/george-combe/the-interval-allowed-was-only-five-minutes-at-the-end-of-which-i/)

[George Combe](https://sms4smile.com/quotes/author/george-combe/)

> [What can be sustained and repeated without emptying out?](https://sms4smile.com/quotes/jan-peacock/what-can-be-sustained-and-repeated-without-emptying-out/)

[Jan Peacock](https://sms4smile.com/quotes/author/jan-peacock/)

## More by Mike Pence

> [The United States cannot and should not discriminate on the basis of religion. The free exercise of religion is at the very heart of…](https://sms4smile.com/quotes/mike-pence/the-united-states-cannot-and-should-not-discriminate-on-the-basis-of/)

[Mike Pence](https://sms4smile.com/quotes/author/mike-pence/)

> [There's overwhelming evidence... circumstantial and otherwise, to suggest a connection between Iraq and al Qaeda.](https://sms4smile.com/quotes/mike-pence/there-s-overwhelming-evidence-circumstantial-and-otherwise-to-suggest/)

[Mike Pence](https://sms4smile.com/quotes/author/mike-pence/)

> [America is stronger than Russia. Our economy is 16 times larger than the Russian economy.](https://sms4smile.com/quotes/mike-pence/america-is-stronger-than-russia-our-economy-is-16-times-larger-than/)

[Mike Pence](https://sms4smile.com/quotes/author/mike-pence/)

> [The government competes in the private sector the way an alligator competes with a duck.](https://sms4smile.com/quotes/mike-pence/the-government-competes-in-the-private-sector-the-way-an-alligator/)

[Mike Pence](https://sms4smile.com/quotes/author/mike-pence/)

> [The so-called 'Employee Free Choice Act' envisions a world where workers would be denied privacy and forced to vote in an atmosphere of intimidation.](https://sms4smile.com/quotes/mike-pence/the-so-called-employee-free-choice-act-envisions-a-world-where/)

[Mike Pence](https://sms4smile.com/quotes/author/mike-pence/)

> [People are tired of being told that this is as good as it gets. They hear in Donald Trump someone who says, 'We can…](https://sms4smile.com/quotes/mike-pence/people-are-tired-of-being-told-that-this-is-as-good-as-it-gets-they/)

[Mike Pence](https://sms4smile.com/quotes/author/mike-pence/)

> [ I think Donald Trump will articulate what we do with the people \[immigrants\] who are here. ](https://sms4smile.com/quotes/mike-pence/i-think-donald-trump-will-articulate-what-we-do-with-the-people/)

[Mike Pence](https://sms4smile.com/quotes/author/mike-pence/)

> [People in both parties are restless for change, ready to break free of old patterns in Washington.](https://sms4smile.com/quotes/mike-pence/people-in-both-parties-are-restless-for-change-ready-to-break-free-of/)

[Mike Pence](https://sms4smile.com/quotes/author/mike-pence/)

> [I opposed the Medicare prescription drug entitlement. I opposed the Wall Street bailout. I opposed the stimulus bill.](https://sms4smile.com/quotes/mike-pence/i-opposed-the-medicare-prescription-drug-entitlement-i-opposed-the/)

[Mike Pence](https://sms4smile.com/quotes/author/mike-pence/)

> [I joked at our National Convention that our party was nominating a candidate for president who was charismatic, larger than life, memorable, so they…](https://sms4smile.com/quotes/mike-pence/i-joked-at-our-national-convention-that-our-party-was-nominating-a/)

[Mike Pence](https://sms4smile.com/quotes/author/mike-pence/)

> [I'm not sure that Hillary Clinton and Barack Obama know that we're at war.](https://sms4smile.com/quotes/mike-pence/i-m-not-sure-that-hillary-clinton-and-barack-obama-know-that-we-re-at/)

[Mike Pence](https://sms4smile.com/quotes/author/mike-pence/)

> [The state of Indiana has also sought to make sure we expand alternatives in healthcare counseling for women, non-abortion alternatives, and I'm also very…](https://sms4smile.com/quotes/mike-pence/the-state-of-indiana-has-also-sought-to-make-sure-we-expand/)

[Mike Pence](https://sms4smile.com/quotes/author/mike-pence/)

> [If you want real change, if you want a stronger America at home and abroad and an America that cherishes our highest ideals, head…](https://sms4smile.com/quotes/mike-pence/if-you-want-real-change-if-you-want-a-stronger-america-at-home-and/)

[Mike Pence](https://sms4smile.com/quotes/author/mike-pence/)

> [You know, Hoosiers recognize pork when we see it. And they recognize what bailing out every failing business in America means - We're burying…](https://sms4smile.com/quotes/mike-pence/you-know-hoosiers-recognize-pork-when-we-see-it-and-they-recognize/)

[Mike Pence](https://sms4smile.com/quotes/author/mike-pence/)

> [The heroes of my childhood were Martin Luther King Jr. and John F. Kennedy... but I was inspired by the ideals of our 40th…](https://sms4smile.com/quotes/mike-pence/the-heroes-of-my-childhood-were-martin-luther-king-jr-and-john-f/)

[Mike Pence](https://sms4smile.com/quotes/author/mike-pence/)

[Explore all 466 Mike Pence quotes ](https://sms4smile.com/quotes/author/mike-pence/)

## More American quotes

> [I wasn't attracted to American cinema, but I fell in love with Los Angeles the minute I arrived.](https://sms4smile.com/quotes/agnes-varda/i-wasn-t-attracted-to-american-cinema-but-i-fell-in-love-with-los/)

[Agnes Varda](https://sms4smile.com/quotes/author/agnes-varda/)

> [William Maxwell's my favorite North American writer, I think. And an Irish writer who used to write for 'The New Yorker' called Maeve Brennan,…](https://sms4smile.com/quotes/alice-munro/william-maxwell-s-my-favorite-north-american-writer-i-think-and-an/)

[Alice Munro](https://sms4smile.com/quotes/author/alice-munro/)

> [I have fallen in love with American names, the sharp names that never get fat.](https://sms4smile.com/quotes/stephen-vincent-benet/i-have-fallen-in-love-with-american-names-the-sharp-names-that-never/)

[Stephen Vincent Benet](https://sms4smile.com/quotes/author/stephen-vincent-benet/)

> [I really like a lot of American country stuff, so my music has that influence, but I don't like to be set within a…](https://sms4smile.com/quotes/jade-bird/i-really-like-a-lot-of-american-country-stuff-so-my-music-has-that/)

[Jade Bird](https://sms4smile.com/quotes/author/jade-bird/)

> [I certainly don't think that the heirs of the American Revolution were a particularly noble class.](https://sms4smile.com/quotes/h-w-brands/i-certainly-don-t-think-that-the-heirs-of-the-american-revolution/)

[H. W. Brands](https://sms4smile.com/quotes/author/h-w-brands/)

> [Congress passed the American Rescue Plan Act in a tremendous investment to support millions of workers without a paycheck and behind on bills.](https://sms4smile.com/quotes/jake-auchincloss/congress-passed-the-american-rescue-plan-act-in-a-tremendous/)

[Jake Auchincloss](https://sms4smile.com/quotes/author/jake-auchincloss/)

> [Small businesses are the backbone of the American economy and employ almost half of the working population. Yet because of their size, they rarely…](https://sms4smile.com/quotes/dan-lipinski/small-businesses-are-the-backbone-of-the-american-economy-and-employ/)

[Dan Lipinski](https://sms4smile.com/quotes/author/dan-lipinski/)

> [Although I write in English, and despite the fact that I'm from America, I consider myself an Armenian writer. The words I use are…](https://sms4smile.com/quotes/william-saroyan/although-i-write-in-english-and-despite-the-fact-that-i-m-from/)

[William Saroyan](https://sms4smile.com/quotes/author/william-saroyan/)

> [When we first sold the Wallace and Gromit shorts to America, people suggested we get rid of the strange British accents and put clear…](https://sms4smile.com/quotes/nick-park/when-we-first-sold-the-wallace-and-gromit-shorts-to-america-people/)

[Nick Park](https://sms4smile.com/quotes/author/nick-park/)

> [Firefighters and rescue workers are American superheroes.](https://sms4smile.com/quotes/kerry-kennedy/firefighters-and-rescue-workers-are-american-superheroes/)

[Kerry Kennedy](https://sms4smile.com/quotes/author/kerry-kennedy/)

> [France has not only built a bureaucratic barrier against American culture, it has constructed a notorious intellectual case against it as well. The French…](https://sms4smile.com/quotes/tyler-cowen/france-has-not-only-built-a-bureaucratic-barrier-against-american/)

[Tyler Cowen](https://sms4smile.com/quotes/author/tyler-cowen/)

> [New York and San Francisco are distinctly different. San Francisco is driving the American media, not New York. You have young, microwaved millionaires and…](https://sms4smile.com/quotes/jason-whitlock/new-york-and-san-francisco-are-distinctly-different-san-francisco-is/)

[Jason Whitlock](https://sms4smile.com/quotes/author/jason-whitlock/)

> [Well look, CIA is an agency that has to collect intelligence, do operations. We have to take risks and it's important that we take…](https://sms4smile.com/quotes/leon-panetta/well-look-cia-is-an-agency-that-has-to-collect-intelligence-do/)

[Leon Panetta](https://sms4smile.com/quotes/author/leon-panetta/)

> [Food as a hobby used to be an elite pastime, and it has become something that is totally ordinary for people of every background.…](https://sms4smile.com/quotes/dana-goodyear/food-as-a-hobby-used-to-be-an-elite-pastime-and-it-has-become/)

[Dana Goodyear](https://sms4smile.com/quotes/author/dana-goodyear/)

> [It's important for American soldiers to be culturally sensitive when deployed in foreign countries. But it's just as important for the U.S. never to…](https://sms4smile.com/quotes/gary-bauer/it-s-important-for-american-soldiers-to-be-culturally-sensitive-when/)

[Gary Bauer](https://sms4smile.com/quotes/author/gary-bauer/)

[Browse all 7,717 American quotes ](https://sms4smile.com/quotes/about/american/)

```json
{
    "@context": "https://schema.org",
    "@graph": [
        {
            "@type": "Quotation",
            "text": "The American economy has been built and sustained by risk-taking entrepreneurs whose pioneering ideas and hard work gave birth to flourishing businesses.",
            "creator": {
                "@type": "Person",
                "name": "Mike Pence"
            },
            "isPartOf": {
                "@id": "https://sms4smile.com/quotes/#website"
            },
            "url": "https://sms4smile.com/quotes/mike-pence/the-american-economy-has-been-built-and-sustained-by-risk-taking/",
            "about": {
                "@type": "Thing",
                "name": "American"
            },
            "@id": "https://sms4smile.com/quotes/mike-pence/the-american-economy-has-been-built-and-sustained-by-risk-taking/#quotation",
            "image": {
                "@type": "ImageObject",
                "@id": "https://sms4smile.com/quotes/i/d85/mike-pence-577_american_the-american-economy-has-been-built-and_1626456.png",
                "contentUrl": "https://sms4smile.com/quotes/i/d85/mike-pence-577_american_the-american-economy-has-been-built-and_1626456.png",
                "url": "https://sms4smile.com/quotes/i/d85/mike-pence-577_american_the-american-economy-has-been-built-and_1626456.png",
                "width": 1080,
                "height": 1080,
                "caption": "“The American economy has been built and sustained by risk-taking entrepreneurs whose pioneering ideas and…” — Mike Pence",
                "creditText": "SMS4Smile Quotes",
                "creator": {
                    "@id": "https://sms4smile.com/quotes/#organization"
                }
            }
        },
        {
            "@type": "BreadcrumbList",
            "itemListElement": [
                {
                    "@type": "ListItem",
                    "position": 1,
                    "name": "Home",
                    "item": "https://sms4smile.com/"
                },
                {
                    "@type": "ListItem",
                    "position": 2,
                    "name": "Quotes",
                    "item": "https://sms4smile.com/quotes/"
                },
                {
                    "@type": "ListItem",
                    "position": 3,
                    "name": "Mike Pence",
                    "item": "https://sms4smile.com/quotes/author/mike-pence/"
                },
                {
                    "@type": "ListItem",
                    "position": 4,
                    "name": "The American economy has been built...",
                    "item": "https://sms4smile.com/quotes/mike-pence/the-american-economy-has-been-built-and-sustained-by-risk-taking/"
                }
            ],
            "@id": "https://sms4smile.com/quotes/mike-pence/the-american-economy-has-been-built-and-sustained-by-risk-taking/#breadcrumb"
        },
        {
            "@type": "WebSite",
            "@id": "https://sms4smile.com/quotes/#website",
            "name": "SMS4Smile Quotes",
            "url": "https://sms4smile.com/quotes/",
            "publisher": {
                "@id": "https://sms4smile.com/quotes/#organization"
            }
        },
        {
            "@type": "Organization",
            "@id": "https://sms4smile.com/quotes/#organization",
            "name": "SMS4Smile Quotes",
            "url": "https://sms4smile.com/quotes/",
            "logo": {
                "@type": "ImageObject",
                "url": "https://sms4smile.com/quotes/wp-content/themes/sq/assets/icons/icon-512.png",
                "width": 512,
                "height": 512
            }
        }
    ]
}
```
