Narrative theory is the study of how stories are structured and understood. It explores the elements that make up a narrative, such as characters, plot, and setting, and how these components interact to convey meaning. This theory can be applied to various forms of storytelling, including literature, film, and oral traditions. Additionally, narrative theory examines the role of the audience in interpreting stories. It considers how cultural context, personal experiences, and narrative techniques influence the way a story is perceived. By analyzing these factors, narrative theory helps us understand the impact of storytelling on human experience.