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Any concept, even in the form of factual information or factual knowledge, is already. a generalized interpretation of reality and thus an abstract act of thinking. At some point. however, this level of abstraction becomes automatic (that is, it becomes âfactual. knowledgeâ) in the mind of an individual.
Difference Between Knowledge and Wisdom. Knowledge is a noun that refers to the information, understanding and skills that you gain through education or experience. It refers to the hard facts and the data that can be available to anyone if he has the right resources. For example, you can have practical, medical or scientific knowledge.