This document discusses the key elements and origins of American folk tales and tall tales. Folk tales are oral stories that aim to teach lessons through archetypal characters and consequences, originate as attempts to understand the world, and may be based on real people. Tall tales are uniquely American stories that feature exaggerated, larger-than-life characters solving problems in outrageous ways through everyday language. While folk tales usually don't include magic, fairy tales often do contain magical elements.