The method was developed by Willard Libby in the late 1940s and soon became a standard tool for archaeologists.Libby received the Nobel Prize in Chemistry for his work in 1960.The radiocarbon dating method is based on the fact that radiocarbon is constantly being created in the atmosphere by the interaction of cosmic rays with atmospheric nitrogen.The resulting radiocarbon combines with atmospheric oxygen to form radioactive carbon dioxide, which is incorporated into plants by photosynthesis; animals then acquire in a sample from a dead plant or animal such as a piece of wood or a fragment of bone provides information that can be used to calculate when the animal or plant died.Enspire developed this financial planning game for a major United States insurance and financial services company.
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