http://www.mun.ca/wellness/images/content/164-1185216721.jpg The aim of life, as per Buddhism, is the extinction of suffering. By recognizing the four noble truths of life and following the noble eightfold path, one can end the suffering in life. The Noble Eightfold Path
In Buddhism, it is believed that one can escape from the vicious cycle of birth and death by following the noble eightfold path, consisting of the following eight steps: 1.Right Actions
2.Right Concentration
3. Right Effort/Exercise
4.Right Livelihood
5.Right Mindfulness/Awareness
6.Right Speech
7.Right Thoughts
8.Right Understanding

Chief Monks belonging to both the Theravada sect and the Mahayana sect met in Sri Lanka in the year 1966 and approved the Basic Points Unifying the Theravada and Mahayana.

Human Nature
As per Buddhism, there is nothing such as a soul or atman. Rather, a human being is believed to be constituted of five elements, namely physical form, feelings, ideations, mental developments and awareness. These components combine to form a human being at the time of birth. However, since buddhism believes in reincarnation and karma, one finds a little contradiction here.

Basic Points of Buddhism

• Buddha is our only master
  
• we take refuge in the Buddha, the Dhamma and the Sangha.
• The purpose of life is develop empathy for all living beings without prejudice and to work for thier good, happiness, and peace. Last but not the least; we need acquore acumen that will lead to the realization of Ultimate Truth.