morals
A set of habits or principles that individuals or groups use to govern or respect the difference between right and wrong.
For example: When faced wtih an ethical decision, the two sides are defined by morals, the limits or hard-wired beliefs of right and wrong.
value
The importance of a physical or abstract object measured as a property.
Example: Something of high value may be considered good or 'better' for living day-to-day life, while something of low value is considered detrimental to living well and with good conduct.
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