Question

1. What were factories? Why were they named so​

Answer 1

ᴛʜᴇ ᴛʀᴀᴅɪɴɢ ᴄᴇɴᴛʀᴇs sᴇᴛ ᴜᴘ ʙʏ ᴛʜᴇ ᴇᴜʀᴏᴘᴇᴀɴ ᴄᴏᴍᴘᴀɴɪᴇs ᴡᴇʀᴇ ᴋɴᴏᴡɴ ᴀs ғᴀᴄᴛᴏʀɪᴇs. ᴛʜᴇʀᴇ ᴡᴇʀᴇ ᴄᴀʟʟᴇᴅ ғᴀᴄᴛᴏʀɪᴇs ɴᴏᴛ ʙᴇᴄᴀᴜsᴇ ᴀɴʏᴛʜɪɴɢ ᴡᴀs ᴍᴀɴᴜғᴀᴄᴛᴜʀᴇᴅ ᴛʜᴇʀᴇ ʙᴜᴛ ʙᴇᴄᴀᴜsᴇ ᴛʜᴇ ᴏғғɪᴄɪᴀʟs ᴏғ ᴛʜᴇ ᴄᴏᴍᴘᴀɴɪᴇs ᴡᴇʀᴇ ᴄᴀʟʟᴇᴅ ғᴀᴄᴛᴏʀs.

Answer 2

Answer:

The trading centres set up by the European companies were known as factories. There were called factories not because anything was manufactured there but because the officials of the companies were called factors.