**In ethics and social sciences**, value denotes the degree of importance of some thing or action, with the aim of determining which actions are best to do or what way is best to live (normative ethics in ethics), or to describe the significance of different actions. Value systems are prospective and prescriptive beliefs; they affect the ethical behavior of a person or are the basis of their intentional activities.
https://en.m.wikipedia.org/wiki/Value_(ethics_and_social_sciences)
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**The values that a person holds** may be personal or political depending on whether they are considered in relation to the individual or to society.[1] Apart from moral virtue, examples of personal values include friendship, knowledge, beauty etc. and examples of political values, justice, equality and liberty. This article will outline some current ideas relating to the first group – personal values.
https://en.m.wikipedia.org/wiki/Values_(Western_philosophy)
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**In economics**, economic value is a measure of the benefit provided by a good or service to an economic agent. It is generally measured through units of currency, and the interpretation is therefore "what is the maximum amount of money a person is willing and able to pay for a good or service?”
https://en.m.wikipedia.org/wiki/Value_(economics)
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