This document defines and describes folktales. It states that folktales are oral stories that have been passed down through generations, often teach a lesson or explain natural phenomena, and use simple language and characters representing human qualities. The document outlines some common characteristics of folktales such as the inclusion of magic and happy/satisfying endings, and describes some common folktale types like trickster tales, fables, and fairytales. It provides examples of elements found in each type.