This does raise an interesting point Laugh.
Both are connected...to a certain degree.
Streetsmarts can exist without booksmarts,but it does not go both ways. Booksmarts at core is merely streetsmart that has had all personal aspects removed.
In fact,the books that grant "booksmarts" were written by people who had learned those things by experience,which,as we all know is a major part of streetsmarts.
Back in the middle ages streetsmarts would have been an essential if you wanted to live,sadly in the modern world they aren't as important,which leads to a lot of people who don't have any social skills.