Question

What type of colony was managed by the people who own them

Answer 1

There were three types of colonies and systems of government in the British Colonies of North America Proprietary Colonies, Charter Colonies and Royal Colonies. The Royal Colonies were ruled directly by the English monarchy and the Charter Colonies was generally self-governed, and their charters were granted to the colonists as opposed to proprietors. Prior to the establishment of Royal, Charter and Proprietary colonies the British colonization of North America had been financed and settled under the jurisdiction of joint stock companies operating under charters granted by the crown.