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This was adopted by the Han dynasty and they lowered a heavy land tax for farmers and caused less fought wars.

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Daoism made everyone equal and made everyone not strive for power nor fame.

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Laozi believed that people should not strive for wealth because it was unnatural. He believed that everything natural was the way to go like nature. He also believed to become one with Dao or the way to become happy.

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Daoism was practiced in China. For example, during the Han dynasty some rulers adopted some Daoist principles.

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http://www.metmuseum.org/toah/works-of-art/1982.2.2/

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http://www.metmuseum.org/toah/works-of-art/1985.227.2/

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The founder of Daoism was Laozi. He was born in the late 6th century