Geppetto carves Pinocchio out of living wood given to him by his neighbor. He is very mischievous and runs off, getting caught by a man who gives him 5 gold coins.
Pinocchio tries being a decent "person" for once
Sure, who likes school anyway!
Lets go to Toy Land dude!
Pinocchio is tricked by a fox and cat to plant his gold in a field which will create golden trees. They later disguise themselves, rob him, and fail to hang him.
Toy Land is not the fun place they once thought
Pinocchio is saved by a fairy, and finally finds Geppetto. Geppetto is then swallowed by a sea monster.
Happily Ever After
We're finally home!
The fairy promises Pinocchio he will be a real boy if he is good, so he is for a while. He is then convinced by his friend to go to "Toy Land."
While at Toy Land, kids become donkeys and are then sold off to their death. Pinocchio luckily escapes by getting swallowed by the same big fish Geppetto did.
Pinocchio and Geppetto make is out of the fish alive. The fairy then grants Pinocchio his wish and gives him money to start a new life.