Answer:The process of reading a story or poem by identifying the literary elements is called literary analysis. Here's a breakdown of what literary analysis involves: - Identifying Literary Elements: This means recognizing and understanding the key components of the text, such as: - Plot: The sequence of events in the story.- Characters: The people (or sometimes animals or objects) in the story.- Setting: The time and place where the story takes place.- Theme: The central idea or message of the story.- Point of View: The perspective from which the story is told.- Figurative Language: Literary devices like metaphors, similes, imagery, etc.- Symbolism: Objects or ideas that represent something else.- Tone and Mood: The author's attitude towards the subject and the overall feeling the story evokes.- Analyzing the Elements: Once you've identified these elements, you then analyze how they work together to create meaning. This involves asking questions like: - How does the plot develop?- What are the characters' motivations?- How does the setting influence the story?- What is the theme and how is it conveyed?- How does the point of view shape our understanding of the story?- What effect do the literary devices have on the reader?- What are the symbols and what do they represent?- Drawing Conclusions: By carefully examining the literary elements and their interplay, you can draw conclusions about the story's overall meaning, the author's intentions, and the impact the story has on the reader. Literary analysis is a valuable skill for understanding and appreciating literature. It helps us to go beyond simply reading the words on the page and to delve deeper into the story's complexities and nuances.