D. Give short answers for the following questions.1. What were factori

1.	D. Give short answers for the following questions.1. What were factories? Why were they called so?
Answer» Factories were base of company traders known at that time as factors operated.From 17th 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 the coastal areas. These centres were called ‘factories’. It was so because the officials of the company were called ‘factors’. Thefactoriesconsisted of offices and go down . Most of them also had houses of officials and residential quarters for merchants and traders . Thefactories were called sobecause the officials of the companywere calledas factors.

D. Give short answers for the following questions.1. What were factories? Why were they called so?

Answer»

Factories were base of company traders known at that time as factors operated.From 17th 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 the coastal areas. These centres were called ‘factories’. It was so because the officials of the company were called ‘factors’.

Thefactoriesconsisted of offices and go down . Most of them also had houses of officials and residential quarters for merchants and traders . Thefactories were called sobecause the officials of the companywere calledas factors.

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