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Eastern Religions Overview
Buddhism and Hinduism share a common belief in reincarnation due to karma from past lives. They believe that once a soul dies it is reborn into a new form to live with the intent of becoming one with the universe or reaching Enlightenment or Moksa. The two religions also share the belief that when one has reached Enlightenment or Moksa the cycle of life, death and rebirth (endless suffering) is broken.

Reincarnation
The belief that when a soul dies it is reborn into a new form. Its position in society is highly a reflection of the way the soul lived life in its past life.

Samsara
Samsara is the endless cycle of life, death, rebirth and continuous suffering.

Karma
Is like a total of good and bad actions that ultimately determines what form one will become in a next life. For example someone who is highly successful and follows their religion with great intention will be reincarnated into a higher caste system (for Hinduism) or a more honorable figure (for Buddhism).

Liberation from Suffering
Freedom from samsara and lifelong suffering only occurs when one is able to follow their religion with such great intentions that they are able to become one with the universe. In Hinduism this is known as Moksa and in Buddhism it is known as Enlightenment or Nirvana.

Buddhism-Hinduism

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