II.   Mind (PSY)

Value is a word defining a quality assigned to some object, concept, activity or living form that renders it desirable or equivalent to some other goods, services or money.

The word value originates from the Latin word valere meaning “to be strong, be worth”.

Value is the first of fourteen (14) concepts of Volition. Value is conceived and chosen in the mind, before it is exhibited in intention or behavior.

All value is relative to the observer through Volition. There is no such thing as true objective value, only approximate collective value.

It is a natural tendency of the mind and volition to place greater emphasis and value on those things that are scarce, compared to those things that are plentiful.