Final answer:
Fakelore is characterized by stories published as "retold by" instead of "by" an author, exaggerated events, and stories presented as much older than they actually are. However, stories about mythical creatures and based on superstitions are not a characteristic of fakelore.
Step-by-step explanation:
One of the characteristics of fakelore is that the stories are often published as "retold by" instead of "by" an author. This is done to create the illusion that the stories are traditional and have been passed down through generations.
Another characteristic is that the events in fakelore stories are often so exaggerated that they could not possibly be true. This is done for entertainment purposes and to make the stories more exciting.
In addition, fakelore stories are often presented as much older than they actually are. Although they developed in the 20th century, they are passed off as ancient tales, contributing to their false authenticity.
However, the stories being about mythical creatures and based on superstitions is not a characteristic of fakelore. Fakelore can be based on various themes and subjects, not just mythical creatures and superstitions.
Learn more about Characteristics of fakelore