Plot elements are the essential components that make up a story. They typically include the exposition, which introduces the characters and setting; the rising action, where conflicts develop; the climax, the turning point of the story; the falling action, which shows the aftermath of the climax; and the resolution, where the story concludes and conflicts are resolved. These elements work together to create a cohesive narrative. The exposition sets the stage, while the rising action builds tension. The climax is the most exciting part, leading to the falling action that starts to wrap up the story, ultimately leading to the resolution where everything comes together.