Character: The individuals that put action in the story. Some characters are two-dimensional (not well-defined) and some are three dimensional (Well defined).
Setting: The place or time of a story. It can either be realistic or imaginary.
Plot: The chain of events that take place in a story. The plot is what happens. Usually, there is a conflict that gets resolved.
Exposition: The exposition lays the groundwork. Characters are introduced, the setting described, and the plot unfolds.
Inciting Incident: the incident that starts off the plot
Rising Action: Where the conflict develops.
Climax: An incident that cannot be taken back.
Falling Action: The action after the climax
Denouement (Resolution): The part of the story that resolves the problem
Theme: The central idea or message in a story