Practical wisdom, often referred to as phronesis in ancient philosophy, is the ability to make sound decisions based on experience and knowledge. It involves understanding the nuances of a situation and applying moral reasoning to achieve the best outcome. Unlike theoretical knowledge, practical wisdom emphasizes real-world application and the importance of context in decision-making. This concept is essential in various fields, including ethics, leadership, and education. Individuals with practical wisdom can navigate complex social situations, balance competing interests, and consider the long-term effects of their choices. It fosters a deeper understanding of human behavior and promotes thoughtful, responsible actions.