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The sequence of taxonomic ranks from the broadest to the most specific is indeed: Kingdom, Phylum, Class, Order, Family, Genus, Species. This classification system, known as the Linnaean taxonomy, organizes the diversity of life into hierarchical categories, where each rank becomes increasingly specific as you move down the list.

Starting with the Kingdom, which encompasses the largest groups of organisms, it includes multiple Phyla. Each Phylum is then divided into Classes, which are further subdivided into Orders. Each Order contains several Families, which group related Genera (plural of Genus) together. Finally, the most specific level, Species, refers to individual organisms capable of interbreeding and producing fertile offspring.

This hierarchical structure not only helps in organizing biological diversity but also provides insight into evolutionary relationships among organisms. Each rank represents a set of shared characteristics, making taxonomy a critical tool in biology for classification and understanding the biological world.