exposition, rising action, turning point/ climax, falling action, and resolution/conclusion
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It's called the plot.
The sequence of events in a story is known as the Plot. Without plot, you can't have a story; you'd just have a bunch of characters sitting around in the same scene, doing nothing. That isn't to say that there are books that don't have much plot...
I know for a fact that it is the Plot Structure i am doing homework on it right now!:)
Character development is not a key element of plot. While the plot revolves around the sequence of events and actions that drive the story forward, character development focuses on the growth, changes, or transformations the characters undergo throughout the narrative. While character development can enhance the plot, it is not essential for the fundamental structure and progression of the plot itself.