Plot structure refers to the organized framework of a story, outlining how events unfold. It typically consists of five key elements: exposition, rising action, climax, falling action, and resolution. The exposition introduces characters and setting, while the rising action builds tension through conflicts. The climax is the story's turning point, leading to the falling action, where conflicts begin to resolve, and finally, the resolution wraps up the narrative. Understanding plot structure helps readers and writers analyze and create compelling stories. By following this framework, writers can effectively engage their audience and ensure a satisfying narrative progression.