One of the axiom while defining vector space $(V, +, .)$ says that $1.v = v$, where $v\in V$. I am confused why this axiom is needed when we already know that for set $V$ to be a vector space over some field say $F$, scalar multiplication should hold? What is the significance of this axiom? How this axiom ($1.v = v$) is different from the scalar multiplication axiom of vector space? Is the element $1$ is the identity element of the field $F$ with respect to operation multiplication?
Kindly help me. Thank you