The Three Main Types of Colonies Are __________

question 91

Multiple Choice

The three main types of colonies are __________.

• A) maritime enclaves, settlement colonies, and refueling stations
• B) missions, settlement colonies, and forts
• C) exploitation colonies, maritime enclaves, and settlement colonies
• D) imperial conquests, settlement colonies, and maritime enclaves

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Definitions:

Withdrawals

The removal of funds from a bank account or the taking out of cash or assets from a business by its owner for personal use.

Assets

Economic resources owned or controlled by a business, expected to bring future benefits.

Assets

Resources owned by a company or individual, including cash, inventory, properties, and equipment, that are expected to provide future economic benefits.

Liabilities

Financial obligations a company owes to outside parties, such as loans, accounts payable, and mortgages.