Ethics is the study of what is good or right in human conduct. Ethical questions are value-oriented questions. Value judgments are complex products of intuition, sense experience and reason. From the moral point of view, values are the beliefs about what is right, good, desirable and important in human life. Values are necessarily associated with choice of activities. We have to select the action that is consistent with promotion of life, live organized rational life. Values emerge through the interaction between nature and spirit, reality and mind. There is a process of growth into increasing complexity, into higher and higher levels of existence. Values are new characters of reality arising from the interaction of human mind with its object. According to Hoffding and Kemp Smith, Kant taught us to distinguish between the problems of Existence and the problems of Value.