Final answer:
Stage 5 of the Demographic Transition Model describes an urban, post-industrial society with a consumer economy, high standard of living, low fertility rates, and potentially negative population growth. Immigrants often supplement the labor force in these societies.
Step-by-step explanation:
Stage 5 of the Migration Transition Model
The Demographic Transition Model (DTM) is a multistage model that describes the transformation of countries from pre-industrial to post-industrial status. Stage 5 is characterized by an urban, post-industrial society with a consumer economy. In this stage, countries have gone through industrialization and urban growth, resulting in high standard of living and typically smaller family sizes, with a fertility rate that falls below the replacement level.
Countries such as Japan, Russia, and some in Europe have entered Stage 5, where the growth rate becomes negative as a result of the convergence of the birth rate with the low death rate, causing the population to shrink. The economic foundation of these countries is typically strong with a significant portion of income derived from a consumer economy, and the labor force is often supplemented by immigrants taking entry-level jobs.
To summarize, Stage 5 of the DTM represents a societal shift where the population growth rate declines due to low birth rates, and the economy is driven by consumerism, often leading to a need for immigrant labor to fulfill entry-level positions in the workforce.