Identify the internal factor that motivates a person to become an entrepreneur.
Answer & explanation
Correct answer: option 1
The correct answer is Option (1) → Passion
Passion is an internal factor that drives an individual to start and sustain a business. It comes from personal motivation, creativity, and the desire for achievement. In contrast, factors like availability of raw material, demand of the product, and government assistance are external factors that influence entrepreneurship from outside the individual.