Final answer:
It is true that ethical concerns have been formalized into laws and regulations to reflect and uphold societal values and norms, although the enforcement and cultural interpretation of these norms may vary.
Step-by-step explanation:
True, the most basic ethical concerns have been formalized through laws and regulations that encourage conformity to society's values and norms. Societies establish formal norms such as laws, codes, and rules, which are enforced to varying degrees, often reflecting the moral views and principles of a group.
In the realm of morality and ethics, while norms may be consistent within a society, they can vary dramatically across different cultures and countries. This forms the basis of Normative Ethical Relativism, which acknowledges the variability of what is considered right or wrong in different societies.