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In the number 3,400 the greatest place would be the 3. And in 800, the greatest place would be the 8. Basically it is the highest value in a number.
Value in mathematics means the magnitude (size or amount) of a number.
It mean describe the place that the number is in. For example you have 54,325, and you have to identify the place value for the three you would say the place value of the three is hundreds because it is in the hundreds place.
place value means like the tens place, the hundreds place, the thousands place, the hundred thousands place, and there is also a decimal place value chart but that is another question someone may WANT to improve it!
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