If James has purchased a 10-year bond that pays a $50 coupon, and if interest rates go up, the bond price will rise, because the interest he is owed by the government will increase.
Jomo Kenyatta is an example of an independence leader during the 20th century.
Kenyatta started as an anti-colonial activist in Kenya, working to get the British to leave. After the end of the colonial era, Kenyatta served as Prime Minister and then President. His rule was not without controversy but he is largely regarded as the Father of modern-day Kenya.
The founding Fathers (Benjamin Frankly, Alexander Hamilton, etc,) thought it was necessary to make a constitution because it would strengthen and define the government.
Here for more info. <span>https://www.biography.com/people/groups/founding-fathers</span>
