Which term refers to the final outcome of a story, where conflicts are resolved?

The term that refers to the final outcome of a story where conflicts are resolved is denouement. In narrative structure, the denouement usually follows the climax and falling action phases, providing closure to the plot by tying up loose ends and revealing the fates of characters after the conflicts have been addressed. It is a critical part of storytelling as it allows the audience to understand the implications of the narrative and character choices.

The climax occurs earlier in the story and is the peak of tension and conflict in the narrative, whereas falling action deals with the aftermath of that climax, leading towards the resolution. The term "Act Three" refers to the final section of a three-act structure in a play or screenplay, which often contains the climax and falling action, but does not inherently denote the final resolution of the story. Therefore, denouement is the most precise term for the concept of resolving conflicts and finalizing the story.