The Nobel Prize was established in 1895, with the partial legacy of Alfred bernhard Nobel, a famous Swedish chemist and inventor of nitroglycerin explosives (SEK 3 1 10,000) as the fund.
In the world, the Nobel Prize is generally regarded as the most important prize in the award-winning field.
The Nobel Prize was originally divided into five awards, namely, physics award, chemistry award, physiology or medicine award, literature award and peace prize. It was first awarded in 190 1.
1968, on the occasion of its 300th anniversary, the Swedish National Bank donated a large sum of money to the Nobel Fund, and added the Swedish Bank Economics Award in memory of alfred nobel. The prize was first awarded in 1969, and people used to call this extra prize the Nobel Prize in Economics.