In its simplest form, basketweave is composed of a checkerboard pattern of identical rectangles that alternate between stockinette stitch and reverse stockinette stitch. In this form of basketweave, the only variables are the dimensions of the rectangles, i.e., the number of stitches across and number of rows long.
In its most basic layout, basketweave is an alternating pattern of identical rectangles using stockinette stitch and reverse stockinette stitch. The only factors that can vary are the size of these rectangles—namely, the number of stitches per row and rows long.