Yes. It usually takes real - life aspects as its basis. It might be set in a particular historical era where the political and cultural background is real. But when it comes to the specific plotlines and the relationships between the characters, while they are inspired by real - world situations, they may not be completely identical to what actually happened. The creators use these real - life elements as a starting point and then build a fictional narrative around them to tell an interesting story.
One example could be 'The Imitation Game'. It's based on the real story of Alan Turing. His life and work during World War II were crucial in cracking the Enigma code, but his story was somewhat 'frozen' in history until the movie brought it to a wider audience.
Well, 'Frozen' has connections to a true story in the sense that it was inspired by an old fairy tale. The original 'The Snow Queen' by Andersen provided a foundation. However, Disney added a lot of new things such as the sisterly bond between Elsa and Anna. They developed the characters more fully, gave them different personalities and motives compared to the rather simple characters in the original tale. So, it's not a completely true - to - life story but has roots in an existing story which can be considered a form of a 'true story' in the context of fairy tales.