What is a Fairytale?

I believe that a fairytale is a narrative that takes place in a fantasy realm where anything can happen. It is magical and goes against the laws of reality. It is a place of princes and princesses, witches, ogres, and dwarves. It is a lesson, not only for children, but for adults as well. It teaches morals and opens the imagination to all sorts of possibilities. A fairytale is simple, but in a way that makes it interesting. In the end good prevails over evil, and above all, everyone lives happily ever after.