The Hobbit Setting: The setting of the story takes place in the lands of Wilderland. It is through Wilderland that the hobbit and the dwarves travel to retrieve their lost treasure. As they move on through Wilderland, they encounter different people and different problems, making it more of an adventure. Characters: protagonists: Bilbo Baggins- he is the main character of story. The tiny hobbit is convinced by the great wizard Gandalf to undertake a long journey with thirteen dwarves to help them retrieve their lost treasure. Bilbo, at first, seems to be of no use to the dwarfs, almost getting them killed by the giant trolls. Eventually he s