The exposition of a story introduces the characters and setting

The rising action builds tension in a story

The rising action will increase the tension in the story until the climax when it should decrease.

Falling action is when the tension decreases and the story moves towards the resolution

The resolution usually indicates the ending of a story.

The exposition occurs usually at the beginning of a story

The rising action usually occurs after the exposition

Yes there can be more than one climax in a story

The falling action occurs after the climax

Resolution is important because it wraps up the story and resolves the conflict

Exposition introduces the characters and setting which gives the reader more information on what the story is about.

Rising action contributes to the development of a story by allowing writers to create tension and therefore have a more satisfying climax.

The climax helps readers understand the importance of the rising action and makes readers prepared for the resolution

The climax has a direct impact on the falling action

Yes, the resolution is the opposite because instead of of setting the scene of the story, it sets the scene of the world after the protagonist's journey has taken place