Final answer:
The theoretical approaches to understanding myths are Literal History, Freudian, Malinowskian, and Levi-Strauss’s structuralism, each providing a distinct lens ranging from historical to psychological and sociocultural analysis.
Step-by-step explanation:
The theoretical approaches to myth include Literal History, Freudian approach, Malinowskian Approach, and the Levi-Strauss structuralism theory. The Literal History perspective treats myths as historical accounts of past events and ancestry. Sigmund Freud's psychoanalytical theory sees myths as expressions of unconscious desires and conflicts. The Malinowskian Approach, attributed to anthropologist Bronislaw Malinowski, views myths as a means to satisfy societal needs and reinforce social structures. Lastly, Claude Lévi-Strauss, an anthropologist, focused on the structural elements of myths, proposing that they reflect universal human concerns across different cultures.