Stage 3
· A period of falling birth rate and continual falling death rate
· Population growth slows down, but the population is still increasing
· Reasons for falling birth rate:
o Changing socioeconomic conditions
o Greater access of education for women
o Preferences for smaller families
o Increased personal wealth
o Rise in materialism
o Lower infant mortality rate
o Compulsory schooling so children are expensive
o Family planning systems
· Death rate continues to fall due to more medical improvements
· More people living to be older
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