What two elements make up a short story's setting?

If the options are:

A. Conflicts and obstacles

B. Time and place

C. Events and action

D. Changes and location

Then the correct answer is B) Time and place. Many things in a short story depend on whether the author has indicated where and when the action happens. Some short stories don't have a precise, specific time and place, but even that is an important element in the interpretation.

Character and theme are the two elements that make up a short story's setting