1. Hematopoietic cells generated in yolk sac as blood islands in 3rd week of gestation
2. Primitive red blood cells (erythroblasts) first blood cells formed in first 2-8 weeks of life
3. Liver becomes major site of hematopoiesis in 2nd-5th month of gestation
4. Granular types of leukocytes appear
5. Bone marrow begins to function in blood cell production in 4th month of gestation
6. Bone marrow becomes primary site of hematopoiesis after 5th fetal month