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7) In what way are social values different from economic values? Discuss with suitable examples. (250 words)

Topic : Public/Civil service values and Ethics in Public administration.

7) In what way are social values different from economic values? Discuss with suitable examples. (250 words)

Ethics by Lexicon

Why this question:

The question is to compare and contrast social values with that of economic values.

Key demand of the question:

One has to discuss in detail how social values are different from economic values.

Structure of the answer:

Introduction:

Begin with brief introduction on importance of values.

Body:

Discussion should include the following:

What do you understand by social values and what are economic values? – Social values form an important part of the society, account for the stability of social order. The values such as fundamental rights, democracy, equality, rationality, patriotism, human dignity are examples.

Economic values mostly deal with values related to monetary conditions.

Then move on to explain why Social values are important than economic values?

Conclusion:

Conclude by reasserting importance of social values over economic values.