The 5 key elements that make up a short story are characters, setting, conflict, theme, and plot. Characters are developed through descriptions, actions, dialogue, thoughts, and how other characters view them. Setting provides the time and place of the story. Conflict is any problem or struggle faced by characters, either with others/nature or internally. Theme conveys the central idea or message of the story. Plot follows the events and character actions related to the central conflict, including exposition, rising action, climax, falling action, and resolution.