The person who combines all factors of production , who takers risk to earn profit is called entrepreneur. Entrepreneur is ___________.

Subject

The correct answer is option (1)- Subject.

Entrepreneur is the subject.

The terms ‘entrepreneur,’ ‘entrepreneurship’ and ‘enterprise’ can be understood by drawing an analogy with the structure of a sentence in English language. Entrepreneur is the person (the subject), entrepreneurship is the process (the verb) and enterprise is the creation of the person and the output of the process (the object).