Solution:Waves of democracy or waves of democratization are major surges of democracy that have occurred in history. It was popularized by "Samuel P Huntington" a political scientist at Harvard University in his article published in Journal of Democracy, and further expounded in his 1991 book "The third wave: Democratization in the Twentieth Century". Although the term appears at least early as 1887.
First wave of Democracy: (B). This began in the early 19th century when suffrage was granted to the majority of white males in the United States followed by France. Britain, Canada and a few others before 1900.
First reverse wave: (A). This reverse began in 1922 when Benito Mussolini rose to power in Italy.
Second wave of democratization: (C). This wave occurred after WWII. In this period thirteen out of twenty-one countries in Latin America underwent democratic transitions. This wave come during (1945-66).
Second reverse wave: (D). This wave occurred after second wave of democratization. Second reverse wave of democracy came during cold-war time after 1960.
Third wave of Democratization: (E). This wave began in the mid-1970s in Southern Europe followed by Latin America and Asia. Conclusion: Correct option is (b) B>A>C> D> E.