Folk Tale

A story passed on by word of the mouth.  They usually start with "Once upon a time" or a similar phrase like that. Magic events, characters, and objects are part of the story. Usually the charcters consist of a royalty (king or queen), an antagonist and a protagonist. And it usually ends with "they lived happily ever after".

A folk tale is a story or legend handed down from generation to generation usually by oral retelling. Folk tales often explain something that happens in nature or convey a certain truth about life.

Sleeping Beauty is an example of a falk tale