Stories allow us to connect in different ways. Though all stories have the same basic elements (setting, conflict, and resolution), different stories emphasize different elements. The Grimm Fairy Tales are all about conflict. It's not give to us to know much about the setting of Hansel and Gretel, nor to know much regarding their life after adventuring in the woods. The story is almost entirely comprised of conflict with just a tag end of resolution.
Where your audience will connect with your story will depend on the audience and the story. Some stories don't need much setting and adding to it won't increase the connection with the audience. Some stories have a basic conflict that doesn't need to be expounded upon, but the complex, compelling resolution gives us a place to connect.
Where will you invite people to connect with your story?