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Primarily Jainism assumes that the Universe, with all its components, is without a beginning or an end, being everlasting and eternal. The Wheel of Time incessantly revolves like a pendulum. In the first half circle from the descending to the ascending stage where human prosperity, happiness, and life span increases and in the second half circle from the ascending stage to the descending stage where prosperity, happiness, and life span decreases. In Jain cosmology, space is not infinite, although it is large. It is also empty. In the center of space rises the great Mount Meru.

Reality itself is a kind of indeterminate state, having the qualities of birth, death, and persistence. The world can be looked at from many points of view, each of which renders a different aspect. The Janis developed something they called the sapta-bhangi or sevenfold formula for discussing reality. It is a typically Indian way of looking at things.

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