Which element of a story typically represents the final outcome of the characters' journeys?

The resolution is the element of a story that signifies the final outcome of the characters' journeys. In narrative structure, it occurs after the climax and falling action, providing closure to the story. During the resolution, all major conflicts are resolved, and the fates of the characters are revealed. This is the moment when readers learn whether the characters achieve their goals or face consequences for their actions, allowing for a satisfying conclusion to their narrative arcs. This element ties up loose ends and often reflects the theme of the story, offering insights into the characters' transformations and the overall message conveyed by the author.