Final answer:
A screw with a sharp point at the base of its drive socket is known as a wood screw, which is designed for use in soft materials such as wood without a pre-drilled pilot hole.
Step-by-step explanation:
The term for a screw with a sharp point at the base of its drive socket is typically referred to as a wood screw.
Wood screws are designed to be inserted into wood or other soft materials without the need for a pre-drilled pilot hole, as the sharp point can part the material's fibers sufficiently.
In addition to the sharp point, wood screws generally have a pitch (the distance between the threads), which is important for knowing how fast the screw will advance into the material with each turn.