This usually is the question which comes to any beginner’s mind when starting to use Drupal. In Simplest terms.
- Taxonomy module is your site categories. It is how you would organize the content of your site. For eg: “How-to” , “Tips” etc on this site are Taxonomy vocabularies.
You need to add “terms” under each vocabulary. For more detailed discussion see this.
- All the content on your site is a node. “page”, “story”, “book”, everything is a node in drupal. You can attach nodes to Taxonomy terms to organize site’s content.