Step 1: Idea:
Relate the ease of alcohol formation to the stability of the intermediate carbocation.
Step 2: Result:
Isobutylene gives tert-butyl alcohol readily, propene gives propan-2-ol under moderate conditions, and ethene gives ethanol only under harsh conditions. This matches $3^\circ > 2^\circ > 1^\circ$.
Final Answer:
The order of formation is $3^\circ > 2^\circ > 1^\circ$, option (B).
\[ \boxed{3^\circ > 2^\circ > 1^\circ} \]