Progression
The I–IV–I–V in F major
I–IV–I–V in F major plays F, Bb and C — I, IV and V — across 4 chords. A simple folk and campfire-song pattern: home, up to the subdominant, home again, then out to the dominant before the next verse.
The chords, in order
1FI
2BbIV
3FI
4CV