A story in which one of the characters narrates events using 'I' and 'we' is said to employ

When a character tells the story as a participant using 'I', the point of view is first person. Third-person omniscient narration uses 'he', 'she' and 'they' and knows all characters' thoughts, stream of consciousness records a character's unbroken flow of thought, and flashback is a shift to earlier events.