What was known as factories and who were known as factors?
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from the seventeenth century onwards, European trading companies from Portugal, Holland, England, France and Denmark set up trading centres in different parts of India. ... The factories were called so because the officials of the company were called as factors.
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European trading companies from Portugal, Holland, England, France and Denmark set up trading centres in different parts of India. ... The factories were called so because the officials of the company were called as factor
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