Very good question. We break numbers up into assigned positions. Let's look at an example below.
Take the number 9,762. Each Digit represents a place in the number line.
You'd pronounce this number as Nine Thousand Seven Hundred Sixty Two.
So the 9's place is the Thousands (NOT THOUSANDTHS).
The 7's place is the Hundreds (NOT HUNDREDTHS).
The 6's place is the Tens (NOT TENTHS)
And the 2's place is the Ones.
As for decimals. Let's take the number 0.1234
The 0 is the one's place. There are no ones.
Now to the right of the decimal we begin the THS's.
1 is the TENTHS (NOT TENS) Place
2 is the HUNDREDTHS (NOT HUNDREDS)
3 is the THOUSANDTHS (NOT THOUSAND)
4 is the TEN THOUSANDTHS (NOT TEN THOUSAND)
And so on.
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The PLACE VALUE.
no the value of the number is not based on the position it is based on what the place value is
-1510
4 occupies the UNIT position and the value is four.
The face value of a digit is the value of the digit itself, regardless of its position in a number. In the number 834529, the face value of 9 is simply 9.