What are values?
the regard that something is held to deserve; the importance, worth, or usefulness of something are known as values
what are ethics?
moral principles that govern a person's behaviour or the conducting of an activity are known as ethics
why are they important?
The moral values in life hold great importance from the point of personal, social and spiritual development. Values, morals and ethics are inextricably tied together. Values are what we learn from childhood; the 'stuff' we acquired from our parents and immediate surroundings
Ethics, on the other hand, are how we actually do behave in the face of difficult situations that test our moral fiber. Ethics are the code or principles on which one’s character depend. Ethics and character are closely related. Values are essential to ethics develop at an early age and can be instrumental to building character.