Question

From the following which one is a factor affecting entrepreneurial growth
a Social
c) Economic
b) Psychological
d) All of the above
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Answer 1

All the factors are affecting entrepreneurial growth. Thus, the correct option is d) All of the above

What is Entrepreneurship?

Entrepreneurship is the ability of a person to run an exterprise and organize it.

Factors affecting enterprenuership

All of the above-mentioned factors e.g. Social, economical and psychological factors are affecting entrepreneurship. This is due to the fact that social and psychological factors develop the mindsets of people. It decides what the people would end up doing.

Good economical factors are also essential to promote entrepreneurship in society.