Question

We know factories are used in manufacturing industries. But in the seventeenth century European traders established and used factories to represent​

Answer 1

Answer:

East India Company (EIC), also known as the Honourable East India Company (HEIC), East India Trading Company (EITC), the English East India Company or (after 1707) the British East India Company, and informally known as John Company,[1] Company Bahadur,[2] or simply The Company was an English, and later British, joint-stock company founded in 1600.[3] It was formed to trade in the Indian Ocean region, initially with the East Indies (the Indian subcontinent and Southeast Asia), and later with Qing China. The company seized control of large parts of the Indian subcontinent, colonised parts of Southeast Asia and Hong Kong after the First Opium War, and maintained trading posts and colonies in the Persian