Final answer:
The components of a classic old fashioned cocktail are bourbon or rye whiskey, sugar cube, Angostura bitters, and an orange twist.
Step-by-step explanation:
The components that make up a classic old fashion cocktail are bourbon or rye whiskey, sugar cube, Angostura bitters, and an orange twist. A classic old fashion cocktail is made by muddling a sugar cube with a few dashes of Angostura bitters, adding whiskey, stirring until the sugar has dissolved, and garnishing it with an orange twist. This cocktail is known for its timeless appeal and is typically enjoyed by whiskey enthusiasts.