Order the following stages of colonialism and its impact on global inequality from the earliest to the most recent: A) Extraction of resources from peripheral nations, B) Establishment of colonial rule by wealthier nations, C) Development of modern neocolonial practices, D) Creation of economic disparities between core and peripheral nations.

The stages of colonialism and its impact on global inequality can be ordered from earliest to most recent as follows: first, wealthier nations established colonial rule (B) over peripheral nations. This was followed by the extraction of resources from these nations (A), which often left them economically dependent and underdeveloped. As a result of these actions, significant economic disparities emerged between the core (wealthier) nations and the peripheral (poorer) nations (D). In modern times, we see the development of neocolonial practices (C), where wealthier nations continue to exert influence and control over poorer nations through economic means rather than direct rule. For example, a large corporation might exploit natural resources in a developing country while paying very low wages to local workers, perpetuating inequality.