It depends on what's happening, in a civilised society book smarts tend to earn more money very generally, in any sort of crisis situation street smarts prevail, but you can be both, they are not mutually exclusive. I was home educated with a strong leaning to literature and all things which could be considered civilised, but my Dad showed me how to set snares, how to find water, how to shoot, hunt and fish, how to build shelters, how to judge where you are by the sun and stars, how to build survival shelters, how to start and carry fire, what you can and can't eat when you forage, and how to fight. If I ever need any of that I'll be glad I know it, rather than the interpretive meaning of Swan Lake.