Arrange the following steps in the process of racial formation as described by Omi and Winant: A) Racial categories are defined by social, political, and economic forces, B) These definitions influence societal structures and power dynamics, C) Historical context shapes the emergence of race as a social construct, D) Racial disparities are analyzed through the lens of systemic inequities.

Racial formation, as described by Omi and Winant, begins with the historical context that shapes how race is viewed in society, which is step C. From this context, different racial categories are defined by social, political, and economic forces, which is step A. Once these categories are established, they influence societal structures and power dynamics, represented by step B. Finally, we analyze the resulting racial disparities through the lens of systemic inequities, which is step D. For example, the way laws have historically defined race can affect access to education and jobs, showing how these steps are interconnected in shaping racial identities and experiences.