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<p>+1.</p>
<p>The thing about common knowledge is that it is only common within a certain subset of the population. Once you leave that subset, it would not be expected to be common at all.</p>
<p>It’s no different than if I were list some military acronyms. It’s common knowledge to anyone in your branch of service, but it’s definitely not common knowledge to the general population. Also, what may be common knowledge to the officer may not be common knowledge to the private. There will be a frequent need to break down information into a form where even someone without a strong background in the subject matter can understand.</p>
<p>Or even some medical terms within the medical community that would be classified as “common knowledge” but to the average individual it’s not. Heck it should be as it relates to everyone’s well-being, but expecting something to be common knowledge is one way to to be misunderstood a lot.</p>
<p>Common knowledge should not be confused with common sense.</p>
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How’s Wall Street working out these days for new graduates? I’m sure companies like AIG, Lehman, Bear Stearns, etc. could almost be considered common knowledge because they’ve been in the news so often lately. Heck, you don’t even need to be educated, you just need a TV and you’ll hear about Wall Street.</p>