Final answer:
The ethical principle that all individuals are inherently deserving of respect and consideration is known as the principle of 'respect for persons'.
Step-by-step explanation:
The ethical principle that acknowledges that all persons, due to their intrinsic humanity, are worthy of respect, compassion, and consideration, is known as the principle of 'respect for persons.' This principle aligns closely with Immanuel Kant's philosophical view that all individuals have inherent worth and should never be treated merely as a means to an end but as ends in themselves. The principle of respect for persons is one of the four main ethical principles, alongside autonomy, beneficence, nonmaleficence, and justice, guiding physician-patient or researcher-participant relationships and is crucial in creating a framework for ethical conduct in human interactions including clinical trials and medical practices.