To produce goods and services
<span>The purpose of firms is to utilize factors of production,
which include capital, land, labor and technology in order to provide a demanded or needed
product and service. A firm is usually profit making, they provide a vehicle
for capital growth as well, which also provide a vehicle for savings growth,
and create wealth</span>
Answer:
True
Explanation:
In a republic, leaders are directly elected by citizens, execpt America, where the president is officially elected by an electoral college.