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Values and Ethics:

Assessment II 1. Sensuous values Anything that is pleasing to the senses can be called  sensuous . The feel of a soft cashmere sweater on your skin, the taste of dark chocolate, even the smell of your favorite person — all of these can be  sensuous  experiences. Sensuous  describes anything that feels, tastes, smells, looks, or sounds good. Eating delicious food or relaxing in a warm bath are sensuous activities. But something intellectually satisfying, like doing a crossword puzzle or solving a math problem, is not exactly sensuous, even if you really like doing it. Use  sensuous  to describe stuff that makes your five senses happy. 2. Economic values What Is Economic Value? Economic value is the value that person places on an economic good based on the benefit that they derive from the good. It is often estimated based on the person’s willingness to pay for the good, typically measured in units of  currency . The economic value should not be confused with  market value , which is