Question

What were factories? Why were they named so?

Answer 1

Factories were base of company traders known at that time as factors operated. There was awarehouse where goods for export were kept and also had offices where company officials sat.

Answer 2

$\huge \color{orange} \mathfrak Answer :-$

• Rulers of European countries established their trading centres in various parts of world especially on coasts
• These centres were called factories
• Because the officials of the company were known as factor