The document summarizes key aspects of the modern Olympic Games. It describes the Olympic philosophy of using sports to educate people in good sportsmanship. It explains the meaning of the Olympic rings which represent the five continents united in competition. It discusses traditions such as the Olympic flame, torch relay, oath, and release of doves as symbols of peace. The Olympic creed emphasizes competing with honor over winning. Medals are awarded to the top three athletes in each event under the Olympic flag.