Hinayana
 

This is the first of the two great councils of Buddhist orders, occurring soon after Buddha's death. It was called Theravada (Teaching of the Elders) , and posited a dynamic phenomenalism. It said that every thing in the world, gods as well as souls of living beings, were  changing all the time. When men try to resist this perpetual flux, they come by sorrow. About a hundred years after Buddha's death, the sect of Mahasanghikas ( the Great Order)broke away from the traditional Buddhist order. They contemptuously called it Hinayana (Smaller Chariot) and called themselves Mahayana (Bigger Chariot).