---
title: "Meaning & Key Takeaway of: We have sectors of the economy, aerospace…"
description: "\"We have sectors of the economy, aerospace is a good example, where Britain's probably the second country in the world, the automobile sector, where we'..."
image: "https://sms4smile.com/quotes/i/745/vince-cable-10688_aerospace_we-have-sectors-of-the-economy-aerospace_2130411.jpg"
---

#  We have sectors of the economy, aerospace is a good…

![“We have sectors of the economy, aerospace is a good example, where Britain's probably the second country in the world, the automobile sector, where we've done extraordinarily well, an enormous amount of investment over the last couple of years, life sciences is another.” quote by Vince Cable](https://sms4smile.com/quotes/i/745/vince-cable-10688_aerospace_we-have-sectors-of-the-economy-aerospace_2130411.jpg)   [Download](https://sms4smile.com/quotes/i/745/vince-cable-10688_aerospace_we-have-sectors-of-the-economy-aerospace_2130411.jpg) [Open image](https://sms4smile.com/quotes/i/745/vince-cable-10688_aerospace_we-have-sectors-of-the-economy-aerospace_2130411.jpg)

> “We have sectors of the economy, aerospace is a good example, where Britain's probably the second country in the world, the automobile sector, where we've done extraordinarily well, an enormous amount of investment over the last couple of years, life sciences is another.”

[Vince Cable](https://sms4smile.com/quotes/author/vince-cable/)

## About This Quote

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

Britain excels in several sectors like aerospace and life sciences, showing strong investment and global competitiveness despite challenges.

**In simple terms:** Britain is a leader in multiple high‑tech industries.

Key Takeaway

Leverage strengths to drive future growth.

Themes

economy innovation investment competitiveness

Mood

optimistic strategic

Type

economic policy

When to use this quote

- government policy planning
- business strategy
- education curricula
- international partnerships

Key Concepts

industrial policy global trade technology development

Questions to Reflect On

- Which sectors should receive more focus?
- How can we sustain innovation long‑term?

A Different Perspective

Reliance on past success may overlook emerging threats.

★ ★ ★ ★ ★   No ratings yet

[Aerospace](https://sms4smile.com/quotes/about/aerospace/) [Automobile](https://sms4smile.com/quotes/about/automobile/) [Britain](https://sms4smile.com/quotes/about/britain/) [Country](https://sms4smile.com/quotes/about/country/) [Couple](https://sms4smile.com/quotes/about/couple/) [Economics](https://sms4smile.com/quotes/about/economics/) [Economy](https://sms4smile.com/quotes/about/economy/) [Investing](https://sms4smile.com/quotes/about/investing/) [Investment](https://sms4smile.com/quotes/about/investment/) [Life](https://sms4smile.com/quotes/about/life/) [Life science](https://sms4smile.com/quotes/about/life-science/) [Sectors](https://sms4smile.com/quotes/about/sectors/) [World](https://sms4smile.com/quotes/about/world/)

## Related quotes

> [This is what climate action is all about - all sectors of the economy, from places large and small, recognizing the moral imperative and…](https://sms4smile.com/quotes/brian-deese/this-is-what-climate-action-is-all-about-all-sectors-of-the-economy/)

[Brian Deese](https://sms4smile.com/quotes/author/brian-deese/)

> [Alternatives to oil are coming up. In the long run, it is not going to be as bleak as people are predicting but surely…](https://sms4smile.com/quotes/rakesh-jhunjhunwala/alternatives-to-oil-are-coming-up-in-the-long-run-it-is-not-going-to/)

[Rakesh Jhunjhunwala](https://sms4smile.com/quotes/author/rakesh-jhunjhunwala/)

> [I monitor very carefully, in the automobile sector in particular, the development of new technologies which help to limit negative effects on the environment…](https://sms4smile.com/quotes/albert-ii-prince-of-monaco/i-monitor-very-carefully-in-the-automobile-sector-in-particular-the/)

[Albert II, Prince of Monaco](https://sms4smile.com/quotes/author/albert-ii-prince-of-monaco/)

> [f the government is going to put money into the automobile sector, it should break up GM and Chrysler as a condition of financial…](https://sms4smile.com/quotes/denis-hayes/f-the-government-is-going-to-put-money-into-the-automobile-sector-it/)

[Denis Hayes](https://sms4smile.com/quotes/author/denis-hayes/)

> [We identified various sectors of the economy, which we said were growth sectors. I have mentioned tourism. We said, for instance, agro-business. We grow…](https://sms4smile.com/quotes/thabo-mbeki/we-identified-various-sectors-of-the-economy-which-we-said-were/)

[Thabo Mbeki](https://sms4smile.com/quotes/author/thabo-mbeki/)

> [We know how to build cross-disciplinary teams that are needed to take good ideas and make them great businesses. We're good at nurturing that…](https://sms4smile.com/quotes/katie-mcginty/we-know-how-to-build-cross-disciplinary-teams-that-are-needed-to-take/)

[Katie McGinty](https://sms4smile.com/quotes/author/katie-mcginty/)

> [So I'm definitely in favour of stimulating the dynamic wealth creation sectors of the economy.](https://sms4smile.com/quotes/boris-johnson/so-i-m-definitely-in-favour-of-stimulating-the-dynamic-wealth/)

[Boris Johnson](https://sms4smile.com/quotes/author/boris-johnson/)

> [“In some sectors of the economy at least, the traditional importance attached to age and hierarchy is beginning to break down.”](https://sms4smile.com/quotes/daniel-tudor/in-some-sectors-of-the-economy-at-least-the-traditional-importance/)

[Daniel Tudor](https://sms4smile.com/quotes/author/daniel-tudor/)

> [My investment strategy, which is to focus on sectors that are a national priority for India, hasn't changed.](https://sms4smile.com/quotes/gautam-adani/my-investment-strategy-which-is-to-focus-on-sectors-that-are-a/)

[Gautam Adani](https://sms4smile.com/quotes/author/gautam-adani/)

> [Look at Microsoft, Google, and Facebook. They have all entered many sectors, and actually, in many of those sectors, they weren't as early as…](https://sms4smile.com/quotes/ma-huateng/look-at-microsoft-google-and-facebook-they-have-all-entered-many/)

[Ma Huateng](https://sms4smile.com/quotes/author/ma-huateng/)

> [Just as the PC bled back into industrial economy, I think the Internet is going to bleed back into our overall economy and have…](https://sms4smile.com/quotes/tim-o-reilly/just-as-the-pc-bled-back-into-industrial-economy-i-think-the-internet/)

[Tim O'Reilly](https://sms4smile.com/quotes/author/tim-o-reilly/)

> [Predation is part of the everyday life of capitalism, in sectors as mainstream as pharmaceuticals, software and oil - where people's money, their data,…](https://sms4smile.com/quotes/geoff-mulgan/predation-is-part-of-the-everyday-life-of-capitalism-in-sectors-as/)

[Geoff Mulgan](https://sms4smile.com/quotes/author/geoff-mulgan/)

> [Our focus going forward is on sectors where the life of China's middle class can be upgraded: health, travel, leisure, education, and the Internet.…](https://sms4smile.com/quotes/guo-guangchang/our-focus-going-forward-is-on-sectors-where-the-life-of-china-s/)

[Guo Guangchang](https://sms4smile.com/quotes/author/guo-guangchang/)

> [In all sectors, Tamil Nadu has outperformed Gujarat as the top state.](https://sms4smile.com/quotes/j-jayalalithaa/in-all-sectors-tamil-nadu-has-outperformed-gujarat-as-the-top-state/)

[J. Jayalalithaa](https://sms4smile.com/quotes/author/j-jayalalithaa/)

> [Koch Industries is an amazing business that has succeeded by building a product that customers love dearly. The folks who run Koch are very…](https://sms4smile.com/quotes/mike-pompeo/koch-industries-is-an-amazing-business-that-has-succeeded-by-building/)

[Mike Pompeo](https://sms4smile.com/quotes/author/mike-pompeo/)

## More by Vince Cable

> [The government increasingly resembles somebody who is trying to give the kiss of life to a corpse.](https://sms4smile.com/quotes/vince-cable/the-government-increasingly-resembles-somebody-who-is-trying-to-give/)

[Vince Cable](https://sms4smile.com/quotes/author/vince-cable/)

> [Our workforce is very co-operative, very flexible, easy to work with and one of the big selling points. The idea that Britain is still…](https://sms4smile.com/quotes/vince-cable/our-workforce-is-very-co-operative-very-flexible-easy-to-work-with/)

[Vince Cable](https://sms4smile.com/quotes/author/vince-cable/)

> [The degree of leverage now being reversed is staggering, and the underlying global imbalances - notably between the savers and the spenders - will…](https://sms4smile.com/quotes/vince-cable/the-degree-of-leverage-now-being-reversed-is-staggering-and-the/)

[Vince Cable](https://sms4smile.com/quotes/author/vince-cable/)

> [Fundamental renegotiation is very, very unlikely to produce any significant change](https://sms4smile.com/quotes/vince-cable/fundamental-renegotiation-is-very-very-unlikely-to-produce-any/)

[Vince Cable](https://sms4smile.com/quotes/author/vince-cable/)

> [The real problem at the moment is that the banks - because of their existing culture, which is frankly anti-business, obsession with short-term trading…](https://sms4smile.com/quotes/vince-cable/the-real-problem-at-the-moment-is-that-the-banks-because-of-their/)

[Vince Cable](https://sms4smile.com/quotes/author/vince-cable/)

> [When I was a child we were sufficiently well off for me to be a picky eater and I still cannot eat vegetables cooked…](https://sms4smile.com/quotes/vince-cable/when-i-was-a-child-we-were-sufficiently-well-off-for-me-to-be-a-picky/)

[Vince Cable](https://sms4smile.com/quotes/author/vince-cable/)

> [Quite apart from the problem of the vote, it's bad for the image of Parliament that people take the trouble to come up and…](https://sms4smile.com/quotes/vince-cable/quite-apart-from-the-problem-of-the-vote-it-s-bad-for-the-image-of/)

[Vince Cable](https://sms4smile.com/quotes/author/vince-cable/)

> [Banks operate like a man who either wears his trousers round his chest, stifling breathing, as now, or round his ankles, exposing his assets.…](https://sms4smile.com/quotes/vince-cable/banks-operate-like-a-man-who-either-wears-his-trousers-round-his/)

[Vince Cable](https://sms4smile.com/quotes/author/vince-cable/)

> [I've always been comfortable working with women and I've had two happy marriages. Draw what conclusions you like from that.](https://sms4smile.com/quotes/vince-cable/i-ve-always-been-comfortable-working-with-women-and-i-ve-had-two/)

[Vince Cable](https://sms4smile.com/quotes/author/vince-cable/)

> [My college, Fitzwilliam, was pretty good but unfashionable and I lived in digs so I was not part of the cloistered 'old college' environment,…](https://sms4smile.com/quotes/vince-cable/my-college-fitzwilliam-was-pretty-good-but-unfashionable-and-i-lived/)

[Vince Cable](https://sms4smile.com/quotes/author/vince-cable/)

> [The Robert Mugabe school of economics provides a salutary warning about uncontrolled monetary expansion in generating hyper-inflation. The road to Harare is not as…](https://sms4smile.com/quotes/vince-cable/the-robert-mugabe-school-of-economics-provides-a-salutary-warning/)

[Vince Cable](https://sms4smile.com/quotes/author/vince-cable/)

> [Much of the shadow banking sector, a major contributor to the economic crisis, was also only possible because of taxhaven secrecy.](https://sms4smile.com/quotes/vince-cable/much-of-the-shadow-banking-sector-a-major-contributor-to-the-economic/)

[Vince Cable](https://sms4smile.com/quotes/author/vince-cable/)

> [My late wife Olympia was Goan and I've been to India many times. I love the food there. We used to do our shopping…](https://sms4smile.com/quotes/vince-cable/my-late-wife-olympia-was-goan-and-i-ve-been-to-india-many-times-i/)

[Vince Cable](https://sms4smile.com/quotes/author/vince-cable/)

> [Well, as I said, you know the issue of Greek debt, they've grasped the principle of debt reduction. I think most people would argue…](https://sms4smile.com/quotes/vince-cable/well-as-i-said-you-know-the-issue-of-greek-debt-they-ve-grasped-the/)

[Vince Cable](https://sms4smile.com/quotes/author/vince-cable/)

> [There was, of course, a global financial crisis. But our Labour predecessors left Britain exceptionally vulnerable and damaged: more personal debt than any other…](https://sms4smile.com/quotes/vince-cable/there-was-of-course-a-global-financial-crisis-but-our-labour/)

[Vince Cable](https://sms4smile.com/quotes/author/vince-cable/)

[Explore all 64 Vince Cable quotes ](https://sms4smile.com/quotes/author/vince-cable/)

## More Aerospace quotes

> [Aerospace services represents one of our biggest growth opportunities for the future.](https://sms4smile.com/quotes/dennis-muilenburg/aerospace-services-represents-one-of-our-biggest-growth-opportunities/)

[Dennis Muilenburg](https://sms4smile.com/quotes/author/dennis-muilenburg/)

> [The pilots I worked with in the aerospace industry were willing to put on almost anything to keep them safe in case of a…](https://sms4smile.com/quotes/nils-bohlin/the-pilots-i-worked-with-in-the-aerospace-industry-were-willing-to/)

Nils Bohlin

> [When you get to know the me about you then it soon becomes us](https://sms4smile.com/quotes/siva-pillay/when-you-get-to-know-the-me-about-you-then-it-soon-becomes-us/)

[Siva Pillay](https://sms4smile.com/quotes/author/siva-pillay/)

> [We had just played a sold-out show and it had been a fun night when we heard the news. It brought everything back to…](https://sms4smile.com/quotes/brendan-bayliss/we-had-just-played-a-sold-out-show-and-it-had-been-a-fun-night-when/)

Brendan Bayliss

> [Happiness is an island](https://sms4smile.com/quotes/siva-pillay/happiness-is-an-island/)

[Siva Pillay](https://sms4smile.com/quotes/author/siva-pillay/)

> [“The China National Space Agency (created in 1993) may be the formal NASA equivalent, facilitating international agreements and cooperation, but it still operates in…](https://sms4smile.com/quotes/gordon-chang/the-china-national-space-agency-created-in-1993-may-be-the-formal/)

[Gordon Chang](https://sms4smile.com/quotes/author/gordon-chang/)

> [UTC is very well positioned to take advantage of 2 large megatrends: urbanization and the fast-growing commercial aerospace market.](https://sms4smile.com/quotes/louis-r-chenevert/utc-is-very-well-positioned-to-take-advantage-of-2-large-megatrends/)

[Louis R. Chenevert](https://sms4smile.com/quotes/author/louis-r-chenevert/)

> [Pushing the limits can only be realized by stretching the imagination](https://sms4smile.com/quotes/siva-pillay/pushing-the-limits-can-only-be-realized-by-stretching-the-imagination/)

[Siva Pillay](https://sms4smile.com/quotes/author/siva-pillay/)

> [Workspace is mind space on a spiritual plane](https://sms4smile.com/quotes/siva-pillay/workspace-is-mind-space-on-a-spiritual-plane/)

[Siva Pillay](https://sms4smile.com/quotes/author/siva-pillay/)

> [Casting is sort of like looking at paintings. You don't know what you'll like, but you recognize it when you see it.](https://sms4smile.com/quotes/steven-bochco/casting-is-sort-of-like-looking-at-paintings-you-don-t-know-what-you/)

[Steven Bochco](https://sms4smile.com/quotes/author/steven-bochco/)

> [UTC Aerospace Systems has a couple of million dollars of content on every single aircraft that gets delivered. That's the chutes, the electric system,…](https://sms4smile.com/quotes/louis-r-chenevert/utc-aerospace-systems-has-a-couple-of-million-dollars-of-content-on/)

[Louis R. Chenevert](https://sms4smile.com/quotes/author/louis-r-chenevert/)

> [We will step up support for the non-commodity export sector, working more closely with potential buyers of Russian goods. We do have something to…](https://sms4smile.com/quotes/dmitry-medvedev/we-will-step-up-support-for-the-non-commodity-export-sector-working/)

[Dmitry Medvedev](https://sms4smile.com/quotes/author/dmitry-medvedev/)

> [Everybody thinks about Bo Derek as being this extravagant looking lady but she is also a wonderful actress.](https://sms4smile.com/quotes/wayne-rogers/everybody-thinks-about-bo-derek-as-being-this-extravagant-looking/)

[Wayne Rogers](https://sms4smile.com/quotes/author/wayne-rogers/)

> [I'm lucky that the real estate business has been able to supply the money that the aerospace company requires.](https://sms4smile.com/quotes/robert-bigelow/i-m-lucky-that-the-real-estate-business-has-been-able-to-supply-the/)

[Robert Bigelow](https://sms4smile.com/quotes/author/robert-bigelow/)

> [I felt very comfortable moving from aerospace to automobiles.](https://sms4smile.com/quotes/alan-mulally/i-felt-very-comfortable-moving-from-aerospace-to-automobiles/)

[Alan Mulally](https://sms4smile.com/quotes/author/alan-mulally/)

[Browse all 54 Aerospace quotes ](https://sms4smile.com/quotes/about/aerospace/)

```json
{
    "@context": "https://schema.org",
    "@graph": [
        {
            "@type": "Quotation",
            "text": "We have sectors of the economy, aerospace is a good example, where Britain's probably the second country in the world, the automobile sector, where we've done extraordinarily well, an enormous amount of investment over the last couple of years, life sciences is another.",
            "creator": {
                "@type": "Person",
                "name": "Vince Cable"
            },
            "isPartOf": {
                "@id": "https://sms4smile.com/quotes/#website"
            },
            "url": "https://sms4smile.com/quotes/vince-cable/we-have-sectors-of-the-economy-aerospace-is-a-good-example-where/",
            "about": {
                "@type": "Thing",
                "name": "Aerospace"
            },
            "@id": "https://sms4smile.com/quotes/vince-cable/we-have-sectors-of-the-economy-aerospace-is-a-good-example-where/#quotation",
            "image": {
                "@type": "ImageObject",
                "@id": "https://sms4smile.com/quotes/i/745/vince-cable-10688_aerospace_we-have-sectors-of-the-economy-aerospace_2130411.jpg",
                "contentUrl": "https://sms4smile.com/quotes/i/745/vince-cable-10688_aerospace_we-have-sectors-of-the-economy-aerospace_2130411.jpg",
                "url": "https://sms4smile.com/quotes/i/745/vince-cable-10688_aerospace_we-have-sectors-of-the-economy-aerospace_2130411.jpg",
                "width": 1080,
                "height": 1080,
                "caption": "“We have sectors of the economy, aerospace is a good example, where Britain's probably the second country in…” — Vince Cable",
                "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": "Vince Cable",
                    "item": "https://sms4smile.com/quotes/author/vince-cable/"
                },
                {
                    "@type": "ListItem",
                    "position": 4,
                    "name": "We have sectors of the economy,...",
                    "item": "https://sms4smile.com/quotes/vince-cable/we-have-sectors-of-the-economy-aerospace-is-a-good-example-where/"
                }
            ],
            "@id": "https://sms4smile.com/quotes/vince-cable/we-have-sectors-of-the-economy-aerospace-is-a-good-example-where/#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
            }
        }
    ]
}
```
