• Values are those things that really matter to each of us ... the ideas and beliefs we hold as special. Caring for others, for example, is a value; so is the freedom to express our opinions.
• We learn these values like honesty, caring, cooperation, etc through observation at home, social settings, etc.
• A value system is a set of consistent ethic values (more specifically the personal and cultural values) and measures used for the purpose of ethical or ideological integrity. A well defined value system is a moral code.
• One or more people can hold a value system. Likewise, a value system can apply to either one person or many. A personal value system is held by and applied to one individual only. A communal or cultural value system is held by and applied to a community/group/society. Some communal value systems are reflected in the form of legal codes or law.
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