Factory was the common name during the medieval and early modern eras for an entrepôt – which was an early form of free-trade zone or transshipment point. At a factory, local inhabitants could interact with foreign merchants, often known as factors.
Factory was the common name during the medieval and early modern eras for an entrepôt – which was an early form of free-trade zone or transshipment point. At a factory, local inhabitants could interact with foreign merchants, often known as factors.
Source: Wikipedia "Factory (trading post)" · CC BY-SA 4.0
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