Identifying the Exposition in Plot Structure

In analyzing the plot structure of a short story, we often notice the way the events build towards a climax and then resolve. Consider the following elements of plot: exposition, rising action, climax, falling action, and resolution. Each of these components plays a significant role in shaping the narrative and guiding the reader's emotional response.

In a story that follows a classic structure, which element is typically introduced first to provide background information about the characters and setting?