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Multimolecular Colloids
Colloidal particles consist of aggregates of small atoms or molecules.

Macromolecular Colloids
Dispersed particles are large molecules(usually polymers).

Associated Colloids
These behave like electrolytes in concentrations due to aggregated particles form colloidal solution.
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are these classifications really based on water as the dispersion medium Shravani ??? :/ I think the answer which you gave consists of classification based on dispersion medium not water as dispersion medium..