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According to Freud's psychoanalytic theory, a typical 5-year-old child is in the phallic psychoanalytic stage of development. This is the third stage of the development, and it is the period from age of three to six years.
In this period the phallus  is the most important organ for the development of both males and females.

The answer is the phallic stage. The phallic stage is the third stage of psychosexual development In Freudian psychoanalysis. The infant's desire or libido centers upon his or her genitalia as the erogenous zone traversing in the ages of three to six years.