David Harvey a well known Marxist economic geographer and his pessimistic Marxist view reflected and part explained the declining Anglo-American economies. ... During this period there was significant privatisation of state industries and by the end of 1989 unemployment had fallen to just 4% from its peak of 12% in 1984. ... An extended period of prosperity from 1990 to 2001 was a consequence of rapid technological improvements and sound monetary policy. ... Economic geography is now so diverse it has been described as "bridging gaps" (Bagchi-Sen & Smith, 2006, p. 1). Factors from so...

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• Approx Pages: 6
• Grade Level: Undergraduate