Using definition from the dictionary.com web page a folk tale is a tale or legend originating and traditional among a people or folk, esp. one forming part of the oral tradition of the common people,...
folk tales are usually countrified, whereas fairy tales are universal and the same. folk tales are basically what the people of a particular country or caste has made which are superstitions which...
Contrary to popular belief, most fairy tales do not begin with "once upon a time" or have a happy ending. They are the folklore of many different countries, and are often fables, teaching some kind...