Final answer:
Prior to the triumph of the Chinese Communist Party in 1949, Daoism received considerable financial and social support from the government of the Republic of China, making the statement true.
Step-by-step explanation:
The statement that Daoism enjoyed significant financial and social support from the government of the Republic of China prior to the establishment of the People's Republic of China and the Chinese Communist Party's triumph in 1949 is true.
While Confucianism was the official religion for a long time, Daoism also played a key role in Chinese society and politics. Southern aristocrats adopted Daoism, linking it to a life of leisure and the arts. The southern Liang dynasty supported Daoist schools, and Daoism even became the state religion for some Northern regimes. Despite Confucianism being officially abolished when communist leadership came to power in 1949, Daoism had indeed been supported by previous governments.