What information does setting provide the reader? Why is that information important?

The setting of a story is important because it gives the reader a sense of the time, location, and atmosphere in which the story takes place. It is also important because it enhances the experience of the reader and adds plot, atmosphere, and characters to the production of the story.

the group received an extra pound of butter for christmas.

the annex was delighted to hear that we'll all be receiving an extra quarter pound of butter for christmas.