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In Alfred Nobel's last will and testament, he set aside the bulk of his enormously wealthy estate to establish the Nobel Prizes, to be awarded annually without distinction of nationality. The Nobel Prize is considered one of the most prestigious awards in the world and includes a cash prize of nearly one million dollars. The fields for which the awards can be given are physics, chemistry, physiology or medicine, literature and toward the promotion of international peace. In 1968 the prize field was extended to include economic science.

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14y ago

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