The controls on the Colors panel will mostly vary depending on the WordPress theme you’re using and you can change colors on your website.
The theme offers four different color options for site elements like: headings, links, body text, background of your website, etc.
From this color panel controlling Background color, primary color, body text color and rows overlay.
Header
In this section provide different color option to your website.
Sidebar
You can change the sidebar color in your website.
Footer
You can change the footer and widget area color in your website.