Final answer:
New Harmony, Indiana was a utopian socialist community founded by Robert Owen in 1825 but faced challenges and ultimately failed by 1827.
Explanation:
New Harmony, Indiana was a utopian socialist community established in 1825 by Robert Owen with the goal of creating a new social order based on cooperation and community needs over individual interests. Members worked for the community in exchange for credit at the town store, but challenges such as discrepancies between workers and non-workers, overcrowding, and lack of self-sufficiency led to its eventual subdivision and failure by 1827.
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