1. Utopia is a crescent-shaped island that curves in on itself, enclosing a large bay. The bay is a huge harbor. The bay is protected from entry by sunken rocks, of which are known only to Utopians. The bay allows for easy internal shipping and travel, but makes any sort of external attack or unwanted contact unlikely. This allows the Utopians to remain as isolated as they want to be. This plays in with how the Utopian society is developed. They are closed from the rest of the world and can do as they wish.
2. The economy in Utopia runs on the premise of communal property. Everyone in the system has their own job to do. The really is n economy because in a utopia everyone is equal. The society is based on rational thought and communal property.
A. Capitalism: an economic system in which investment in and ownership of means of production, distribution, and exchange of wealth is made and maintained chiefly by private individuals and corporations, especially as contrasted to cooperatively or state-owned means of wealth.
B. Socialism: a system of social organization that advocates the vesting of the ownership and control of the means of production and distribution, of products, capital, and land in the community as a whole.
C. Communism: a system of social organization in which all economic and social activity is controlled by a totalitarian state dominated by a single and self-perpetuating political part.
4. The issues discussed in book 1 are communism, issues around poverty and land, counseling a prince, and the amount of power in the hands of a king.
5. No, a community like Utopia would not be able to be established. There will always be people with greed in their hearts and who want was much power as they can have. Every person is a free thinker and it would be difficult to get everyone work together.