Final answer:
Values is the term that describes our conceptions of what is good or bad, desirable or not, proper or improper. Ethics is the philosophical study of morality and provides a framework for understanding and evaluating values and moral conduct.
Step-by-step explanation:
Values is the term that describes our conceptions of what is good or bad, desirable or not, proper or improper. It refers to beliefs and evaluations about morality, politics, aesthetics, and social issues. Values often express a judgment about what people think ought to be the case.
Ethics is the broad study of morality and is often divided into metaethics, normative ethics, and applied ethics. Metaethics explores foundational questions related to moral beliefs and practice, while normative ethics deals with moral reasoning and explores different approaches to moral conduct, such as consequentialism, deontological ethics, and virtue ethics.
In summary, values are our conceptions of what is good or bad, while ethics is the philosophical study of morality and provides a framework for understanding and evaluating values and moral conduct.