Answer:
time
Explanation:
In few words, setting of a story tells us when and where something happened. Basically, that means period in time and location.
When we speak of the time period it can refer to the past, present or future, but also to a time of the day, year or someone's life.
Similarly, location or the place can refer to a specific country, city, town etc. or it can refer to a certain landscape (forest, lake, mountain etc.).
More specifically, it can also denote a house, apartment, school, car, bus, street etc.
