Buddhism
a major world religion, founded in northeastern India and based on the teachings of Siddhartha Gautama, who is known as the Buddha, or Enlightened One.
Buddhism today is divided into two major branches known to their respective followers as Theravada, the Way of the Elders, and Mahayana, the Great Vehicle. Followers of Mahayana refer to Theravada using the derogatory term Hinayana, the Lesser Vehicle.
Buddhism has been significant not only in India but also in Sri Lanka, Thailand, Cambodia, Myanmar (formerly known as Burma), and Laos, where Theravada has been dominant; Mahayana has had its greatest impact in China, Japan, Taiwan, Tibet, Nepal, Mongolia, Korea, and Vietnam, as well as in India. The number of Buddhists worldwide has been estimated at between 150 and 300 million. The reasons for such a range are twofold: Throughout much of Asia religious affiliation has tended to be nonexclusive; and it is especially difficult to estimate the continuing influence of Buddhism in Communist countries such as China.

Theravada Buddhism
along with Mahayana Buddhism, one of the two principal branches of Buddhist belief. It is most widespread in Sri Lanka, Myanmar (formerly known as Burma), Laos, Cambodia, and Thailand. Like Mahayana Buddhism, Theravada (Pali for “School of the Elders”) claims to perpetuate the true teachings and practices of the Buddha.

The Theravada school traces its descent from the original sangha, or monastic community, that first followed the Buddha. Its canon of scripture consists of the Tipitaka (Three Baskets), the first great compendium of Buddhist writings, composed in the Pali language. Theravada tends toward doctrinal conservatism, exemplified in a cautious interpretation of its canon. Because of this, it has been given the pejorative name Hinayana (Sanskrit for “Lesser Vehicle”) by its rivals, who call their own tradition Mahayana (“Greater Vehicle”). The goal of the Theravadin, or devotee of Theravada, is to become an arhat, a sage who has achieved nirvana (enlightenment) and will never be reborn. Mahayana traditionally prefers the figure of the bodhisattva—who, out of compassion, helps others toward salvation—to the arhat, who is concerned chiefly with his own salvation.

Mahayana Buddhism
(Sanskrit for “Greater Vehicle”), along with Theravada Buddhism, one of the two principal branches of Buddhist belief. Mahayana originated in India and subsequently spread throughout China, Korea, Japan, Tibet, Central Asia, Vietnam, and Taiwan. Followers of Mahayana have traditionally regarded their doctrine as the full revelation of the nature and teachings of the Buddha, in opposition to the earlier Theravada tradition, which they characterize as the Lesser Vehicle (Hinayana).

In contrast to the relative conservatism of earlier Buddhist schools, which adhered closely to the recognized teachings of the historical Buddha, Mahayana embraces a wider variety of practices, has a more mythological view of what a Buddha is, and addresses broader philosophical issues. Two major Mahayana schools arose in India: Madhyamika (Middle Path) and Vijñanavada (Consciousness Only; also known as Yogachara). With the spread of Mahayana Buddhism beyond India, other indigenous schools appeared, such as Pure Land Buddhism and Zen.

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