Which term refers to an individual's basic beliefs about right and wrong?

The term that best refers to an individual’s basic beliefs about right and wrong is "morality." Morality encompasses the standards and principles that guide a person's judgments about what is considered right or wrong behavior. It is the framework through which individuals interpret actions and their consequences, often influenced by cultural, religious, and societal norms.

While ethics also pertains to concepts of right and wrong, it typically refers to a formalized set of principles and practices governing a group or profession and may include theories about what constitutes moral behavior. Values translate an individual’s morality into personal significance, shaping decisions and actions based on deeply held beliefs. Virtues, on the other hand, are personal qualities regarded as good, which contribute to moral character but do not define the broader set of beliefs about right and wrong.

By focusing on basic beliefs about right and wrong, morality captures the essence of the question, making it the correct choice.