Peace is important because it's the thing that helps each of the countries not continue fighting or fight as much. Without peace, all of the other qualities America has would not exist. Each day we would wake up feeling unsafe. Peace is freedom from disturbance.
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So that people don't get murdered, starved, raped and tortures and so that everyone can live without fear.
"If you want peace, prepare for war"
there was not a nobel peace prize given out during WW2 (or so says my research :)
世界和平 = World Peace 世界 = world 和平 = peace
World Peace Foundation was created in 1910.