Yes, the story of The Three Little Pigs is considered a folktale. Folktales are traditional narratives passed down through generations, often featuring common themes such as morality, cleverness, and the triumph of good over evil. This particular tale presents three pigs who each build their own houses with different materials, and a cunning wolf who seeks to blow their houses down.
The narrative typically conveys important lessons about hard work, perseverance, and the consequences of choices. The story has been told and retold in various cultures, showcasing its universal appeal and adaptability. The simplicity of the characters and their challenges makes it easy for children to understand while also providing a moral lesson, which is a hallmark of classic folktales.