Final answer:
Cognitive behavioral therapy is a cognitive and behavioral approach focusing on modifying negative thought patterns and behaviors, while third wave therapies, which are contextual and experiential approaches, emphasize mindfulness and acceptance.
Step-by-step explanation:
Cognitive behavioral therapy (CBT) is an example of cognitive and behavioral approaches to psychotherapy, while third wave therapies such as Acceptance and Commitment Therapy (ACT) and Dialectical Behavior Therapy (DBT) are examples of contextual and experiential approaches. CBT focuses on identifying and changing negative thinking patterns and behaviors, and is supported by a substantial body of research. Third wave therapies also incorporate behavioral change but put a stronger emphasis on mindfulness, acceptance, and the relationship between thoughts and behaviors.