Why were the trading Centres called factories by the Portuguese?
The trading centres set up by the European companies were known as factories. There were called factories not because anything was manufactured there but because the officials of the companies were called factors.
What were factories to the Portuguese?
Portuguese fortified trade posts were called feitorias, meaning “factories.” The merchants using them dealt in a number of different goods: primarily brazilwood, but also more exotic items such as parrots and animal skins.
What were the Portuguese trading posts?
Taking advantage of the rivalries that pitted Hindus against Muslims, the Portuguese established several forts and trading posts between 1500 and 1510. Portugal established trading ports at far-flung locations like Goa, Ormuz, Malacca, Kochi, the Maluku Islands, Macau, and Nagasaki.
What were trading posts called?
A trading post, trading station, or trading house, also known as a factory, was an establishment or settlement where goods and services could be traded.
Why are factories called factories?
A factory began as a word as a wholesale goods warehouse run by an owner or hired manager called a “factor.” Places where stuff was made with specific tools and complex processes go back to stone toolmaking, leather tanneries, potters, stone quarries, grain milling, etc.. had other names specific to the work or “ …
What were known as factories?
Answer. 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 .
How did trading posts work?
For more than a century, trading posts were integral parts of Native American life in the Southwest. These posts were stores, owned mostly by Anglos, where Native Americans exchanged woven rugs, jewelry, baskets, wool and nuts for food and other necessities. Trading posts also served as banks and bustling social hubs.
What did the Portuguese trade for slaves?
Portuguese traders procured not only captives for export, but also various West African commodities such as ivory, peppers, textiles, wax, grain, and copper.
What was the first trading post?
The first trading-post was established at the mouth of Clear Creek, Colorado in 1832, by Louis Vasquez, and named Fort Vasquez, after its proprietor, but never grew into much importance and was soon abandoned. Fort Laramie, Wyoming painting by Alfred Jacob Miller.
What did trading posts sell?
Who used the trading post?
For more than a century, trading posts were integral parts of Native American life in the Southwest. These posts were stores, owned mostly by Anglos, where Native Americans exchanged woven rugs, jewelry, baskets, wool and nuts for food and other necessities.
What are factories called?
A factory, manufacturing plant or a production plant is an industrial site, usually consisting of buildings and machinery, or more commonly a complex having several buildings, where workers manufacture goods or operate machines processing one product into another.
Which country was called the factory of the world?
China
For that reason, China is now described by many countries as the “factory of the world” or “manufacturer for the world”. Chinese media report that the name “factory of the world” was given by Japanese Ministry of Economy, Trade and Industry (METI) in its Year 2001 White Paper.
What did the trading posts sell?
Who did the Portuguese sell slaves to?
Chinese were bought in large numbers as slaves by the Portuguese in the 1520s. Japanese Christian Daimyos mainly responsible for selling to the Portuguese their fellow Japanese. Japanese women and Japanese men, Javanese, Chinese, and Indians were all sold as slaves in Portugal.
Are there still trading posts?
Today, most of them have been replaced by grocery stores and big box chains like Walmart, but a handful of establishments still function as traditional trading posts.
What does factory mean slang?
Definitions include: the space/gap between certain women’s most upper and inner thigh just below her crotch. more cuckoo than a clock factory.