Question

what were factories? why were they named so?​

Answer 1

From the seventeenth century onwards, European trading companies from Portugal, Holland, England, France and Denmark set up trading centres in different parts of India. These trading centres were called factories, they were set up especially in the coastal areas. The factories consisted of offices and go down . Most of them also had houses of officials and residential quarters for merchants and traders .

The factories were called so because the officials of the company were called as factory

Answer 2

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• Rulers of European countries established their trading centres in various part of the world especially on coast .
• These centres were called factories.
• Because the official of the companies were known as factors .