1. The Nobel Prize
... depends on the income of the Nobel Foundation. (A sum of $1,120,000 accompanied each prize in 1996.) . In 1968, the Sveriges Riksbank (Bank of Sweden) instituted the Prize in Economic Sciences in memory of Alfred Nobel, founder of the Nobel Prize. At first, more than three prize winners could share a Nobel Prize, although this was never practiced. Paragraph four of the Statutes of the Nobel Foundation was ... amended in 1968, restricting the number of prizewinners to only three. Earlier, a person could be awarded a prize posthumously if the nomination was made before February 1 of the s...
- Word Count: 568
- Approx Pages: 2
- Has Bibliography
- Grade Level: High School