Tip:
Highlight text to annotate it
X
[MUSIC PLAYING]
Hey.
I'm Ben Bowlin with today's question.
How does the Nobel Prize work?
We hear about these prizes on the news constantly.
It seems like they've been around forever, right?
But where do they actually come from?
The six Nobel Prizes are awarded each year
in the areas of peace, chemistry, physics, medicine,
literature, and economics.
The prizes are named after a guy called
Alfred Nobel, the inventor of dynamite.
He created the prizes in his will.
He donated a good portion of his vast fortune
to fund the Nobel prizes.?
He decided who would judge the winners of each award,
and he also named the categories of prizes.
Originally, there were five.
Economics wasn't added until the 1960s.
Today, the Nobel prizes?
Are administered by the Nobel Foundation.
And they're awarded in fall after a rigorous selection
process.
So the list of winners in the different categories,
especially in physics and chemistry,
it's kind of like a hall of fame for those disciplines.
For example, the winners in physics
include people you may have heard of like, Albert Einstein,
Niels Bohr, Robert Millikan, Louis Victor de Broglie, Werner
Heisenberg, and so on.
I mean, it's a pretty prestigious list.
And today, each prize is valued at over a million dollars.
A million dollars.
The reason it's such a big deal is
because of the size of the award and the fact
that the award's been around since 1901.
That's long enough that everybody's kind
of heard of it by now.
So that's it.
Thanks so much watching.
We hope you enjoyed this introduction
to the basics of the Nobel Prize.
Feel free to like and subscribe to our channel
to see more videos in the future.
Or also give us a comment with some suggestions
on something else we should cover.
Thanks so much for your time, and we will see you next week.