Swapnil said:
I personally treat them as axioms (for now at least). A while back I was also curious as you are about this question and I found out that usually most mathematicians accept the basic laws of arithmetic (like the ditributive law) as axioms. However, you could prove the distributive law (and all the other basic laws in arithmtic) using something called Peano's axioms. Here is a little link that I found which derives all the basic laws of arithmetic using Peano's axioms. However, it does require some deep understanding of mathematics (like sets and functions) to grasp this concept (I personally am still learning

).
http://mathforum.org/library/drmath/view/51563.html
FYI: Usually, Peano's axioms are covered in a college-level introductory course to number theory.
That's an excellent link. I started to include a link to a paper I wrote myself on the topic but that's better.
On the question of "axioms" in general, remember that one of the strengths of mathematics is it's generality. Theorems in calculus, that were orginally developed to solve physics problems can be applied to biology, chemistry, economics, etc. In order to understand why, you need to think about another important property of axiomatic systems: "undefined terms".
Every "mathematical system" (or "axiomatic system") starts with "undefined terms", definitions, and "axioms" which state relations between the various undefined terms and definitions. Then we prove theorems from those. The "undefined terms" are "placeholders". Perhaps it is best to think of them as "templates". Just as a business man can buy generic software and fit it to his business by setting variables to specific values, so a physicist (biologist, chemist, economist, etc.) can take a mathematical system and fit it to his needs by assigning specific meanings to the "undefined terms". The only requirement be that the axioms be demonstrably (by experimentation, say) true for
those meanings. Once you know that, then all theorems derived from the axioms must be true and all methods of solving problems derived from those theorems must work.
[Of course, you
can't physically (biologically, chemically, economically, etc.) prove that the axioms are true. All experiments involve approximation so the best you can hope for is that the axioms are true to within the limits of approximation.]