Yes, it can. There are many real - life stories of communities or situations that approach a form of perfection. For example, some small villages where people live in harmony, help each other, and have a strong sense of community. They base their way of life on values like kindness, honesty, and hard work which are often part of a true story of how the village was founded or developed.
One key element is strong moral values. If the true story is about a person's integrity, then in the perfect world based on it, honesty would be a cornerstone. Another element could be a sense of community. Just like in many real - life stories where communities thrive due to mutual support.
It's hard to say for sure. A perfect world could be a fictional construct that combines various elements from different real-life scenarios or it could be purely imaginative without any true basis.