Myths are considered true by the society that created them, usually involve deities interacting with humans, and attempt to explain nature or existence. Legends are also generally considered true, featuring historical figures like warriors or heroes interacting in less remote lands and more recent times compared to myths. Folktales are fictional stories that are not meant to be taken seriously, often including animal or human characters and supernatural elements, and typically aim to show good behaviors being rewarded or evil receiving punishment in a timeless and placeless setting.