Erythropoiesis is the process of origin, development, and maturation of red blood cells (RBCs), occurring in different stages throughout fetal development and into adulthood. It starts in the yolk sac and later involves the liver and bone marrow, with hematopoietic stem cells differentiating into committed progenitor cells for blood cell types. The stages of erythropoiesis include pro-erythroblast, early erythroblast, intermediate normoblast, late normoblast, and finally reticulocyte, leading to the mature RBC, which performs functions like oxygen transport and waste removal.