what does factory mean - Search
  1. Dictionary

    fac·to·ry
    [ˈfakt(ə)rē]
    noun
    factory (noun) · factories (plural noun)
    1. a building or group of buildings where goods are manufactured or assembled chiefly by machine:
      "a clothing factory" · "factory workers"
      • a person, group, or institution that continually produces a great quantity of something specified:
        "a huge factory of lying, slander, and bad English"
    2. historical
      an establishment for traders carrying on business in a foreign country:
      "he is chaplain to the British factory at St. Petersburg"
    Origin
    late 16th century (in factory): via Portuguese feitoria from medieval Latin factoria, from Latin factor (see factor). factory based on late Latin factorium, literally ‘oil press’.
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    Similar and Opposite Words
    noun
    1. a building or group of buildings where goods are manufactured or assembled chiefly by machine:
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    2. People also ask
      What is a factory system?Employees went to their work instead of receiving it, and so, the factory system, as it is known today, become a dominant feature of the economy. Under this system, land and buildings, hired labour, and capital are made available to the entrepreneur, who strives to combine these factors in the efficient achievement of a particular goal.
      Where did the word factory come from?If one looks at the origin of the word, a factory is where factors lived and worked. It was usually a well-armed fort and included all the land as well as the buildings and machinery, especially when those factors were the Portuguese, the Dutch, the Spanish, and the British in Africa, Oceania, and Asia during the heyday of the spice trade.
      How did the factory system arose in the Industrial Revolution?The system arose in the course of the Industrial Revolution. The factory system replaced the domestic system, in which individual workers used hand tools or simple machinery to fabricate goods in their own homes or in workshops attached to their homes.
       
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