Without quoting directly from the text, give me a summary of how rainbows are formed.

Context: A rainbow is an optical phenomenon that can occur under certain meteorological conditions. It is caused by reflection, refraction and dispersion of light in water droplets resulting in an effect similar to a spectrum of light appearing in the sky. It takes the form of a multicoloured circular arc. Rainbows caused by sunlight always appear in the section of sky directly opposite the Sun.
Rainbows can be full circles. However, the observer normally sees only an arc formed by illuminated droplets above the ground, and centered on a line from the Sun to the observer's eye.
In a primary rainbow, the arc shows red on the outer part and violet on the inner side. This rainbow is caused by light being refracted when entering a droplet of water, then reflected inside on the back of the droplet and refracted again when leaving it.
In a double rainbow, a second arc is seen outside the primary arc, and has the order of its colours reversed, with red on the inner side of the arc. This is caused by the light being reflected twice on the inside of the droplet before leaving it.

Answer: Rainbows are formed when light shines through water droplets, creating an optical phenomenon. The light is bent and reflected, creating a multicolored arc. Rainbows created by sunlight can be found in the sky, opposite the sun. Rainbows are usually observed as an arc, but can appear as full circles. A double rainbow appears when the light shining through each water droplet is reflected twice, creating a second arc, with the colours appearing in reverse order. The colors of the rainbow include; red, orange, yellow, green, blue, and violet. The colors appear in order of their wavelength, from longest to shortest.