1. What were factories? Why were they named so? In colonisation of india
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From 17th century onwards, trading companies from Portugal, Holland, England, France and Denmark began to set up their base in India. They established their trading centres in different parts of the country, especially in the coastal areas. These centres were called 'factories'.
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Factories were a type of place where different types of goods were made.
During the colonial period, factories were called as industries. And the process of setting up these industries is called as industrialization.
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