What does values refer to in ethical terms?

In ethical terms, values refer to the beliefs that an individual holds as true and significant in their life. These values guide personal behavior, decision-making, and moral judgments. They are deeply rooted in an individual’s upbringing, experiences, and cultural context, influencing how they perceive right and wrong, good and bad, and what is worth pursuing in life.

Values are foundational to how one interacts with others and approaches ethical dilemmas. They shape one's character and can vary greatly from person to person, making them a personal reflection of one's principles and priorities. While standards, principles, and guidelines certainly inform ethical behavior, it is the personal beliefs that ultimately drive how an individual applies those frameworks in their daily lives. The uniqueness of individual values is what makes ethical perspectives diverse and complex.