The Nobel Peace Prize was created in 1895 by Alfred Nobel to honor individuals and organizations that work towards peace , reduce conflicts , and encourage cooperation between nations . It has been given every year since 1901, with a few years when it wasn’t awarded . Here ’s a closer look at its beginnings and how it has developed over time : Origins and Alfred Nobel’s Vision Alfred Nobel was a Swedish inventor and businessman , best known for inventing dynamite . In his will , he decided to use most of his money to set up five prizes : Physics, Chemistry, Medicine, Literature , and Peace. The Peace Prize was meant for some...
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