The back button in browsers is often used as analogy, but how many tabs/windows do you have open in your browser? What if pressing the back button in the browser switched you to a word processor because that is what you were looking at before.
That's what alt+tab and ctrl+tab are for. The confusion comes from the use of only one back button instead of one per hierarchy.
On android we have only one system-wide consistent timeline to work with, and that's the timeline of fired intents. It works across the whole system. Back works on that level by default and is defined by default as "go back in time".
