Why would the phoenicians have established trading colonies in far away places?

The Phoenicians have established trading colonies in faraway places because Phoenician maritime expeditions were secretive, as they faced increasing competition from Greek colonization in the Mediterranean.

The colonies set up by the Phoenicians would change in their vicinity to the house domain's very own way of life and works on relying upon their land area and the quality of the indigenous culture effectively present. North Africa turned out to be, maybe, progressively 'Phoenician' than some other region.

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explanation:

the government closely monitored its finances to avoid another financial collapse.