What is the term for the resolution following the climax of a narrative?

The term that refers to the resolution following the climax of a narrative is denouement. In literary terms, the denouement is the part of the story where the complexities and conflicts introduced earlier are resolved, and the story reaches a conclusion. This section clarifies the outcomes for the characters and ties up any loose ends, providing a sense of closure to the narrative. It is an essential component in the structure of a story, as it helps the audience understand the implications of the climax and see how it affects the characters' futures.

In contrast, while a conclusion may feel similar, it is generally broader and can encompass the final thoughts or reflections on the story's themes, rather than focusing solely on the resolutions of conflicts. Exposition is the beginning part of a narrative that introduces characters, the setting, and the background information necessary to understand the story, while conflict refers to the central struggle or challenge that drives the plot forward.