Question

Q :) What were
factories? Why we're
they named so?​

Answer 1

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.

Explanation:

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Answer 2

Explanation:

From 17 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 coastal areas.These centres were called 'factories'.It was so because the officials of the company were called 'factors'.

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