Final answer:
The 'The Fairy's Two Gifts' imparts morals of generosity, the importance of even the smallest contributions, and the joy of giving. It teaches that every situation has its own advantages and pleasures with the right attitude.
Step-by-step explanation:
The moral of 'The Fairy's Two Gifts' story can be discussed by examining the essence of generosity and the appreciation of small actions and characters. The story highlights that generosity should be a universal trait among those who have towards those who have not, and that even the smallest of creatures or actions can have significant impact.
Another moral present in various tales is the concept that it is better to give than to receive, which is showcased by the joy brought about by the act of giving. Characters such as Santa Claus in stories are instrumental in teaching this value to children. Similarly, a story may convey that every life situation, even one that seems disadvantageous, can hold its own pleasures and advantages as long as one has the right perspective.