The Nobel Prize (Swedish pronunciation: [noˈbɛl], Swedish definite form, singular: Nobelpriset, Norwegian: Nobelprisen) is a set of annual international awards bestowed in a number of categories by Scandinavian committees in recognition of cultural and scientific advances. The will of the Swedish chemist Alfred Nobel, the inventor of dynamite, established the prizes in 1895. The prizes in Physics, Chemistry, Physiology or Medicine, Literature, and Peace were first awarded in 1901.

The Peace Prize is awarded in Oslo, Norway, while the other prizes are awarded in Stockholm, Sweden. The Nobel Prize is widely regarded as the most prestigious award available in the fields of literature, medicine, physics, chemistry, peace and economics.

In 1968, Sveriges Riksbank instituted an award that is often associated with the Nobel prizes, the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel. The first such prize was awarded in 1969. Although it is not an official Nobel Prize, its announcements and presentations are made along with the other prizes.

Alfred Bernhard Nobel ( pronunciation (help·info)) (21 October 1833 – 10 December 1896) was a Swedish chemist, engineer, innovator, and armaments manufacturer. He was the inventor of dynamite. Nobel also owned Bofors, which he had redirected from its previous role as primarily an iron and steel producer to a major manufacturer of cannon and other armaments. Nobel held 350 different patents, dynamite being the most famous. He used his fortune to posthumously institute the Nobel Prizes. The synthetic element nobelium was named after him. His name also survives in modern-day companies such as Dynamit Nobel and Akzo Nobel, which are descendents of the companies Nobel himself established.

Born in Stockholm, Alfred Nobel was the fourth son of Immanuel Nobel (1801–1872), an inventor and engineer, and Andriette Ahlsell Nobel (1805–1889). The couple married in 1827 and had eight children, although, beset by poverty, only Alfred and his three brothers survived past childhood. Through his father, Alfred Nobel was a descendant of the Swedish scientist Olaus Rudbeck (1630-1702), and the boy, in his turn, was interested in engineering, and especially explosives, from a young age, learning the basic principles from his father.

Martin Luther King, Jr. (January 15, 1929 – April 4, 1968) was an American clergyman, activist, and prominent leader in the African-American Civil Rights Movement. He is best known for his role in the advancement of civil rights in the United States and around the world, using nonviolent methods following the teachings of Mohandas Karamchand Gandhi. King has become a national icon in the history of modern American liberalism.

A Baptist minister, King became a civil rights activist early in his career. He led the 1955 Montgomery Bus Boycott and helped found the Southern Christian Leadership Conference (SCLC) in 1957, serving as its first president. King's efforts led to the 1963 March on Washington, where King delivered his "I Have a Dream" speech. There, he established his reputation as one of the greatest orators in American history.

In 1964, King became the youngest person to receive the Nobel Peace Prize for his work to end racial segregation and racial discrimination through civil disobedience and other nonviolent means. By the time of his death in 1968, he had refocused his efforts on ending poverty and stopping the Vietnam War.