If 1/4, 2/3, 4/7, 1/2 are converted to decimals we get 0.25, 0.6666...., 0.571....., 0.5 then the correct order is obvious
or
If 1/4, 2/3, 4/7, 1/2 are converted to fractions with a common denominator 21/84, 56/84, 48/84, 42/84 then the correct order is obvious.