The five stages of the demographic cycle are: 1. High Stationary (Stage I): High birth rates and high death rates, leading to slow or no population growth. 2. Early Expanding (Stage II): High birth rates but declining death rates, leading to rapid population growth. 3. Late Expanding (Stage III): Declining birth rates and declining death rates, leading to slower population growth. 4. Low Stationary (Stage IV): Low birth rates and low death rates, leading to slow or zero population growth. 5. Declining (Stage V): Low birth rates and death rates, with birth rates falling below death rates, leading to population decline.