Explanation:
Literary theory is the body of ideas and methods we use in the practical reading of literature. By literary theory we refer not to the meaning of a work of literature but to the theories that reveal what literature can mean.Literary theory is a description of the underlying principles, one might say the tools, by which we attempt to understand literature. All literary interpretation draws on a basis in theory but can serve as a justification for very different kinds of critical activity. Literary theory in recent years has sought to explain the degree to which the text is more the product of a culture than an individual author and in turn how those texts help to create the culture. It is simply the various methods we use to analyze and understand literature. In other words, when we try to understand literature, we use certain methods to help us understand the meaning, and those methods comprise literary theory.
Literary criticism, on the other hand, is the practical application of those theories or methods to particular works of literature the actual use of a method to better understand a text’s meaning is what we called literary criticism. Literary criticism is the study, analysis, evaluation and interpretation of literature. In other words, it judges the value of a work. In literary criticism, a particular work or a body of work is evaluated according to its aesthetic value, historical/cultural/social significance of the work, use of language, and insights and insights of the work. These qualities are often mutually dependent or inflective. Literary criticism has a long history and can be traced back to the times of Pluto. Literary criticisms are often published in essay or book format.