Every year, the Nobel Prizes are given to people and institutions around the world. These prizes are for the study of science, writing literature and promoting world peace. These prizes were started by Alfred Nobel. He gave the money for the Prizes. The Nobel Foundation now controls the money. The Foundation asks different committees and experts to decide who is going to receive the prizes. For many people, a Nobel Prize is a very great honor. People who receive a Nobel Prize are called Nobel laureates.
Each prize winner gets a medal, a diploma and a sum of money. In 2008, the winners were awarded a prize of about one million dollars. Each year, the awards are presented in Stockholm, Sweden, in a ceremony on December 10. This was the date on which Alfred Nobel died.
Adapted from "Nobel Prize", Wikipedia, The Free Encyclopedia (Simple English). 26 Sep 2020, 20:20 UTC. https://simple.wikipedia.org/w/index.php?title=Nobel_Prize&oldid=7123845
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