A sequence of demographic changes in which a country moves from high birth and death rates to low birth and death rates through time.
Stage 1: very high CBR and CDR, low NIR
Stage 2: still high CBR, rapidly declining CDR, very high NIR
Stage 3: rapidly declining CBR, moderately declining CDR, moderate NIR
Stage 4: very low CBR, low/slightly increasing CDR, 0 or negative NIR