Change folder view template for all folders in Windows 10

If you use File Explorer, you may already know that it has a nice feature to remember each folder's view setting. Unfortunately, it is not explained very properly by Microsoft and some changes were made in modern Windows versions which make it even more confusing for end users. We constantly get this question asked by our readers - is there any way to make File Explorer set a desired view for all folders and then remember it in Windows 10? Let see how it can be done.