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The Nobel Peace Prize is a highly regarded and esteemed prize awarded for the preservation of peace. The prize has been awarded by a committee appointed by the Norwegian Parliament since its inception in 1901. In this entry, the history of the prize is highlighted, with mention of a few of the recipients to exemplify trends and the significance of the prize.

Origins

Alfred Nobel (1833–1896) was a wealthy Swedish industrialist, probably most famous for inventing dynamite. He also patented a type of smokeless gunpowder called ballistite and owned the Swedish armament company AB Bofors. He was a European cosmopolitan with an interest in the peace movement, despite his relations with the armaments industry. According to his associate, Ragnar Sohlman, he believed that perfecting the means of ...

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