VALUE. What does this one Word mean? Everyone says it, but do you really know the meaning?
Part 1 of 2
What is Value?
Value is the quality or worth of something. When we talk about the value of something, we are talking about how useful or important it is.
Something with a lot of value is considered to be very important or useful, while something with little value is not considered to be as important or useful. The value of something can also change over time.
For example, a car that cost $100,000 when it was first released would not be worth the same amount of money 10 years later. The value of the car would have depreciated over time. But if the car was a classic or vintage car, it might actually be worth more money 10 years later.
The value of something can also be subjective, which means that what one person considers to be valuable might not be considered valuable by someone else. For example, someone might consider a piece of art to be very valuable, while someone else might think it is not worth anything.
It is important to remember that the value of something is not the same as its price. The price is the amount of money that someone is willing to pay for something. The value is the quality or worth of the thing itself. Something can be…
